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Special Report

More people taking loans from 401(k)s, study finds

Among borrowers, largest percentage were those in 50s, 60s, bank data show
April 25, 2013
Business Wire
Through an analysis of participants enrolled in Wells Fargo-administered defined contribution plans, the bank says it found that 28 percent more people took out loans from their 401(k) accounts in the fourth quarter of 2012 than in the year-earlier
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odd Radwick, president of Radwick Financial Group LLC, of Winthrop, Wash., is an insurance and financial adviser. He can be reached at 509.996.3425 and at  todd@radwickfinancial.com

Using 'key employee' insurance to protect your business

Such a life policy can help sustain a company hit by unexpected loss of worker
April 25, 2013
Todd Radwick
One way to use life insurance in the business scene is in the area of "key employee" protection. It's a strategy under which an employer takes out a life insurance policy on a key employee so the business is protected financially, should something
Read More

Inland Northwest M&A activity is likely to increase

Agriculture, health care sectors expected to see uptick in transactions
April 25, 2013
Michael Butler
As the country continues to emerge from the Great Recession of 2008 to 2010, we're seeing a promising resurgence in the merger-and-acquisition market in the United States. The gradual improvement in the economy, together with increased stock and
Read More

Offering ways for investors to improve financial literacy

Create a plan, research well, control emotions, TD Ameritrade suggests
April 25, 2013
Business Wire
TD Ameritrade, Inc., the broker-dealer subsidiary of TD Ameritrade Holding Corp., is celebrating the 10th anniversary of Financial Literacy Month by offering 10 tips to encourage investors to take time to improve their financial knowledge.Its a
Read More

Study: Workers more optimistic about nation's outlook

Many still holding off, though, on long-term financial commitments
April 25, 2013
Business Wire
More American workers feel secure about the country's overall economic outlook, judging by new research from the Principal Financial Well-Being Index.More than a third of workers (35 percent) who took part in the survey described their economic
Read More
—Staff photo by Mike McLean

Boat, RV seller grows market in lender-owned inventory

Spokane Valley dealer's tactic helps credit unions boost returns on repos
April 25, 2013
Mike McLean
Northwest Recreational Liquidators Inc., of Spokane Valley, has created its own niche in selling lender-owned boats, recreational vehicles, motorcycles, and all-terrain vehicles, says Doug Stephens, one of the business owners.The business works
Read More

Hart Capital's stock index up 7 percent

Idaho bank, Clearwater, Potlatch top performers; INW market value drops
April 25, 2013
Treva Lind
Hart Capital Management Inc., a Spokane-based investment firm, says the stock value of 15 publicly traded Inland Northwest companies as measured in an overall index it compiles rose nearly 7 percent in the first quarter.Hart's index uses a to of
Read More
—Staff photo by Jessica Valencia

Some may wait to take Social Security

April 25, 2013
Jessica Valencia
Spokane financial planners say the idea of tapping into an individual retirement account and delaying Social Security once someone reaches retirement age does hold merit, but it's an option that shouldn't be considered a one-size-fits-all Nord, for
Read More
—Staff photo by Treva Lind

Core competition

Intermountain, STCU, Numerica ready plans for strong downtown presence
April 25, 2013
Treva Lind
Downtown Spokane's large financial core soon will get bigger as three financial institutions are in position this year to launch new branches and expand business services there. Intermountain Community Bank, Spokane Teachers Credit Union, and in
Read More
-Staff photo by Mike McLean

Overlooking downtown Spokane - art only

April 11, 2013
Vandervert Construction Inc., of Spokane, is far along on a $1.5 million addition and facade upgrade at a Holiday Inn Express, located just north of downtown at 801 N. Division. Basalt Hospitality LP, a company headed by Spokane hoteliers Cal and
Read More
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