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Latest News

STCU posts 13 percent increase in net

Membership jumped 10.8 percent in 2009, loans grew 14 percent
March 11, 2010
Jeanne Gustafson
Spokane Teachers Credit Union posted a 13 percent increase in net income for 2009, despite having a $4.3 million investment loss and a $1.5 million charge to help replenish a national credit union deposit insurance fund.The Spokane-based credit
Read More

Insurance co-op plans West Plains project

Enduris says $3.2 million Technology Park structure to be completed in May 2011
March 11, 2010
Mike McLean
Spokane-based Enduris Washington, a government cooperative that buys insurance and manages claims on behalf of member agencies, says it plans to develop a $3.2 million office building on the West Plains here.The single-story, 20,000-square-foot
Read More

DOT readies $35 million NSC job bids

March 11, 2010
Jeanne Gustafson
The Washington state Depart-ment of Transportation says it hopes to seek bids around the fourth week of March for a $35 million North Spokane Corridor project, expectedto get under way this spring.The work is to involve constructing the lanes of
Read More

Deposits top loans in new bank reports

Latest earnings results show pronounced shift from previous trend
March 11, 2010
Richard Ripley
Banks are heading back to the future—before the era of aggressive lending that predated today's softer economy—judging by the changed relationship between two important figures on their balance sheets.Partly because of slackening for a
Read More

Refrigeration company expands here

Big West Side company leases 100,000 square feet at old SuperValu complex
March 11, 2010
Jeanne Gustafson
SCS Refrigerated Services LLC, a big Seattle-area provider of refrigerated and frozen storage, plans to open a 100,000-square-foot cold-storage facility here this month, in the former SuperValu Inc. distribution center, in Spokane Valley.SCS has
Read More
—Staff photo by Jeanne Gustafson

Wading into social media

Some seek to optimize marketing with online presence
March 11, 2010
Jeanne Gustafson
So-called social media, Web sites that allow people to interact with one another on the Internet, are growing fast and changing the marketing and public relations game, some companies and organizations here say.People engage with social media as
Read More
—Staff photo by Mike McLean

Apartment vacancy rate climbs

Recession, job losses force some tenants out
March 11, 2010
Mike McLean
The recession and job losses have contributed to a steep rise in apartment vacancies here recently, ending an extended period of high occupancy rates, industry observers say.Other related factors contributing to the near doubling of the vacancy
Read More

Exchange-traded funds offer low-cost diversification option

They often target specific industries, also offer tax treatment similar to stocks
March 11, 2010
Personal Investing
More than $1 trillion currently is invested worldwide in exchange-traded funds, and those assets continue to grow as new ETFs are introduced and investors discover the concept.International ETFs are especially hot in 2010, while those focused on
Read More

In the News: March 11, 2010

March 11, 2010
March 5 / Cd'A Tribe receives broadband funds The Coeur d'Alene Tribe said the U.S. Department of Agriculture awarded it $12.3 million in a combined stimulus grant and loan to construct a broadband network that will provide high-speed
Read More

Calendar: March 11, 2010

March 11 - 25, 2010
March 11, 2010
Meetings & Events Marketing Associates of Spokane will hold a meeting, titled Business Credibility insights on how to gain it and leverage it, on Thursday, March 11, from 11:30 a.m. to 1:30 p.m., at Red Lion Hotel at the Park, 303 &
Read More
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