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Latest News

North Side Old Navy to open in April

National retailer to hire at least 50 employees at new Spokane site
January 28, 2021
Natasha Nellis
Work is underway on a new Old Navy retail store at the Franklin Park Commons shopping center, on Spokane's North Side. In a prepared statement, a Gap Inc. spokesperson says the Franklin Park store, at 5628 N. Division, will open at the end of April.
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Promotion reflects love of community banking for State Bank Northwest exec

Bruggink named president of State Bank Northwest
January 28, 2021
Kevin Blocker
The banking field hasn't lost its luster for Lorilei Bruggink, who has worked in the industry for 35 years and was named president of Spokane Valley-based State Bank Northwest earlier this month.
Read More

In Charge: More electric vehicle charging stations planned in Spokane

$6 million-plus initiative to get underway this spring
January 28, 2021
Natasha Nellis
The Spokane Regional Transportation Council, in partnership with several Spokane-based agencies, plans an electric vehicle infrastructure overhaul that will grow substantially the current number of charging stations in the county over the next few years.
Read More
VIRGINIA THOMAS

Spokane-area lenders undertake second round of PPP funding

Bankers say program offers long-term benefits for financial industry
January 28, 2021
Virginia Thomas
The U.S. Small Business Administration has released a third round of Paycheck Protection Program loan funds, and bankers here say they're prepared to handle changes made as a result of updates to the program.
Read More
Virginia Thomas

Q&A with Numerica Credit Union's Carla Cicero

~
January 28, 2021
Virginia Thomas
Carla Cicero was born and raised in Los Angeles, where her credit union career began in her teenage years. In 2011, she came to Spokane from a Wisconsin credit union to become president and CEO at Spokane Valley-based Numerica Credit Union.
Read More
Journal File Photo

The closing chapter on the Metropolitan Mortgage saga

Metropolitan bankruptcy saga likely has concluded
January 28, 2021
Kim Crompton
U.S. Bankruptcy Court trusts have issued what might be the final payments to investors who lost hundreds of millions of dollars when Spokane-based Metropolitan Mortgage & Securities Co. and affiliate Summit Securities Inc. shut down nearly two decades ago
Read More

Eastern Washington bankruptcy filings decrease despite hard times

Some attorneys here say trend may reverse in '21
January 28, 2021
Kevin Blocker
Despite the economic havoc COVID-19 brought on wide swaths of the economy last year, the pandemic's presence didn't halt the downward trend of bankruptcy filings in Eastern Washington.
Read More
Natasha Nellis

Project delays in Hillyard area pinch PDA

Organization supporting The Yard secures funds to offset lag in revenue
January 28, 2021
Natasha Nellis
Development of two massive projects in northeastern Spokane-the Beacon Hill residential development and the Esmeralda Commerce Park-might not start as expected this year.
Read More

Denver firm buys Spokane-based company Hart Capital

Mercer Advisors has $27B in managed assets
January 21, 2021
Kevin Blocker
Mercer Global Advisors Inc., of Denver, announced Thursday morning it has acquired Hart Capital, which was founded by Hart in 1998. He and the company's team of nine advisers will join Mercer Advisors.
Read More

Guest Commentary: Lawmakers should avoid tax hurdles during recovery

'Do no harm' …
January 14, 2021
Kris Johnson
Ten months after the arrival of the coronavirus in Washington, the Legislature is convening for a new legislative session amid a pandemic that will shape every aspect of the session, from the way lawmakers conduct business (over computer screens instead
Read More
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