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Latest News

Fairchild housing to go private

Contractor to build, manage on-base housing; base to rely heavily on housing in community
February 26, 1997
Emily Brandler
Plans are under way at Fairchild Air Force Base to have a private contractor take over, rehabilitate, and dramatically shrink in number the homes available for military personnel on base in coming years, meaning that many more military families be
Read More

As home prices surge, affordability worsens

Median sales price for homes here edges close to $170,000, limiting some buyersÂ’ choices
February 26, 1997
Emily Brandler
Soaring sales prices for homes here might be a welcome trend for some in the real estate market, but for first-time buyers and those with lower incomes, they mean dwindling housing options.Spokanes reputation as an affordable place to buy a a
Read More

Fighting the battle of the bulging health plan

Employers here promote healthy lifestyles to curtail future costs
February 26, 1997
Emily Brandler
A key to combating rising health-care costs and demands for care from an increasingly unhealthy work force might be as simple as something your mother always told youfor example, eat your vegetables. At least, health plans and employers here are
Read More

Recruiting with benefits

Employers say job candidates are looking at more than salary
February 26, 1997
Linn Parish
As the job market tightens and qualified candidates in some fields become harder to find, many employers say they increasingly are using employee benefits as recruiting tools. Human-resources professionals here say that oftentimes, they offer
Read More

F&M BankÂ’s net, loans rise sharply

Bank rebounds after dip in earnings in Â’04 ended seven-year record string
February 26, 1997
Kim Crompton
F&M Bank, of Spokane Valley, put its profits back on a growth track last year, recovering from a dip in 2004 that had ended a run of seven straight years of record earnings.The bank posted net income of $3.2 million for 2005, up 23 percent the
Read More

Global finance concern growing in U.S.

SpokaneÂ’s Production Finance International says demand rising for import related loans
February 26, 1997
Emily Brandler
Production Finance International LLC, a Spokane-based trade financing company, says its been growing steadily as demand for import-related loans to U.S. businesses increases, and that its focusing on strengthening its western U.S. 13-year-old a
Read More

Spokane bankers see solid loan demand during Â’06

After issuing warning to investors late last year, Sterling feels confident now
February 26, 1997
Richard Ripley
Bankers here expect solid loan demand during 2006, which Sterling Financial Corp. is particularly glad about.At the end of the third quarter last year, Spokane-based Sterling warned investors that loan balances were growing more slowly than and
Read More

Rahco makes new leveler for John Deere combines

New product line designed to work on Midwest farms, may appeal to some here
February 26, 1997
Linn Parish
Rahco Ag Systems LLC, a subsidiary of Spokane-based Rahco International Inc., has developed a new leveling system thats designed to be used with John Deere combines and is intended to appeal to Midwest farmers. Richard Hanson, president of is
Read More

Gonzaga develops new strategic plan for growth

Plan, called Vision 2012, to set enrollment goals, address additional matters
February 26, 1997
Emily Brandler
Gonzaga University is developing a new strategic plan that it hopes will guide its growth through the next six years.The plan, called Vision 2012, will include goals for enrollment, academics, and student life, among other areas, says Thayne of
Read More

Washington Trust posts record earnings for 2005

Spokane bankÂ’s assets rose to nearly $3 billion by the end of the year
February 26, 1997
Linn Parish
Washington Trust Bank, of Spokane, has posted record earnings for 2005, a year in which its assets nearly crested the $3 billion mark for the first time in its 103-year history. The bank had net income of $38.7 million last year, up 32 percent
Read More
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