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Special Report

Spokane has state's lowest homeowners' premiums

Study claims rate here averages $831 annually
November 20, 2014
Staff Report
Spokane has the lowest average annual homeowners' insurance premiums of any city in the state-at $831, or 16 percent below the state average-says a just-released study published by ValuePenguin.com, a consumer-focused research website based in New Y
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—NAC|Architecture

Spokane Public Schools floats $204.9 million project list

Capital funding measure, M&O levy set for Feb. 15
November 20, 2014
Mike McLean
Spokane Public Schools has finalized its list of projects to be included in a $145 million bond measure that will go before voters on Feb. 15, along with a $202.5 million maintenance-and-operations levy measure.
Read More
—Katie Ross

Big expectations for big expansion at the Spokane Convention Center

Development brings exhibit hall space to 100,000 square feet
November 20, 2014
Katie Ross
The first phase of the $50 million, 92,000-square-foot Spokane Convention Center expansion project should be completed by mid-December, says the Spokane Public Facilities District.
Read More

Home Depot breach cost credit unions $60 million

CUNA survey finds that it affected 7.2 million cards
November 6, 2014
Staff Report
The data security breach at Home Depot stores in September cost credit unions nearly $60 million to reissue cards, deal with fraud, and cover other costs, according to the results of a new survey of credit unions released last week by the Credit Union Nat
Read More

Protecting small businesses from online 'takeovers'

ABA offers suggestions for minimizing their risk
November 6, 2014
Staff Report
Cyber-attacks against small businesses are growing more sophisticated, says the American Bankers Association, which describes itself as 'the voice” for the nation's $15 trillion banking industry.
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Investor optimism hits seven-year high, survey says

Positive outlook is more pervasive in nonretirees
November 6, 2014
Staff Report
The Wells Fargo/Gallup Investor and Retirement Optimism Index jumped to plus-46 in the third quarter, its highest level in seven years.
Read More
—Katie Ross

Trust management firm looks to expand regionally

Northwest Trustee reports strong revenue upswing
November 6, 2014
Katie Ross
Spokane professional trust and estate management firm Northwest Trustee & Management Services has seen its revenues climb 35 percent in the last two years, and it expects that strong growth rate to continue, says Greg Bowman, trust investment and develop
Read More

Number of unbanked households drops, study says

Volume of 'underbanked' consumers holds steady
November 6, 2014
Staff Report
The proportion of unbanked households declined to 7.7 percent last year, down from 8.2 percent in 2011, says the Federal Deposit Insurance Corp. in its 2013 National Survey of Unbanked and Underbanked Households released last month.
Read More

Inland Northwest stock index declines 5.7 percent

Intermountain Community Bancorp was top performer
November 6, 2014
Judith Spitzer
Hart Capital Management Inc., a Spokane-based investment firm, says the combined stock value of 12 publicly traded Inland Northwest companies, as measured in an overall index it compiles, fell 5.7 percent in the third quarter, compared with the year-earli
Read More
—Mike McLean

Secured Investment Corp. runs afoul of state regulations

Meantime, Cd'A company closes its Spokane office
November 6, 2014
Mike McLean
The Washington state Department of Financial Institutions has issued a notice of violation against Secured Investment Corp., the Coeur d'Alene-based parent company of a private-money lender that had been doing business here as Cogo Capital Spokane LLC.
Read More
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