Commercial banks and savings institutions insured by the Federal Deposit Insurance Corp. reported an aggregate profit of $26.3 billion in the fourth quarter of 2011, a $4.9 billion improvement from the $21.4 billion in net income the industry in of

Despite the two-year-old federal legislation to protect young consumers, college-age adults remain easy prey for credit card companies, which have moved off campus and onto Facebook. A recent analysis by University of South Carolina law Eboni a

All consumer loan types saw a decline in default rates for a second consecutive month in February, according to new data released earlier this month. The information was compiled by S&P Indices and Experian for the S&P/Experian Consumer Credit a

Bank On Spokane, a consortium of seven Inland Northwest banks and credit unions and a number of area nonprofit organizations, has formed here to promote financial literacy and to provide low- and moderate-income residents with better access to fair

Columbia Banking System Inc., the Tacoma, Wash.-based parent of Columbia Bank, has reported an 86 percent increase in its net income in 2011, compared with 2010, attributing the surge to three acquisitions and organic growth.The bank company net

A new national study suggests that adults who receive an inheritance save only about half of what they receive, while spending, donating, or losing the rest.The results are good news for retailers, restaurant owners, and people in the service it

Glacier Bancorp Inc., the Kalispell, Mont.-based holding company with 11 bank subsidiaries, including Coeur d'Alene-based Mountain West Bank, has reported 2011 net income of $17.5 million, or 24 cents a diluted share, down from $42.3 million, or 61

Spokane Valley-based Numerica Credit Union saw noticeable growth last year in several areas, including a nearly 35 percent jump in earnings.The credit union reported net income of $15.3 million in 2011, up from $11.4 million in 2010—and a a

Coeur d'Alene-based Idaho Independent Bank reported a net loss of $6.4 million, or 94 cents a diluted share, for 2011, compared with a loss of $5.7 million, or 89 cents a share, in 2010.The latest annual loss includes a $1.5 million noncash to a