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Special Report

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.
Read More

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

What a stronger U.S. dollar means to investors

Currency dynamic should be good for stock market
November 6, 2014
Michael Maehl
After a weak start to 2014, the U.S. dollar muscled its way higher this summer, and the gains look as if they may be continuing. Investors from all over have been eagerly jumping into the U.S. markets. The strengthening dollar has been remaking the inves
Read More
—Linn Parish

Young Ten Capital Investment Advisors grows

Separately, firm, INB develop strategic partnership
November 6, 2014
Linn Parish
Ten Capital Investment Advisors LLC, a young independent financial advisory company co-founded by a longtime veteran of the industry, has grown substantially this year in terms of assets under management.
Read More
—Judith Spitzer

Waiting for Apple Pay Day

Spokane credit unions to be among first 500 institutions to use platform
November 6, 2014
Judith Spitzer
Two credit unions here, Numerica Credit Union and Spokane Teachers Credit Union, will be among the first wave of financial institutions to partner with technology giant Apple Inc. and offer Apple Pay, a new payment platform launched Oct. 20.
Read More

Complex 'lost chance' lawsuit against Providence tossed

Case alleged negligence cut short ill woman's life
October 23, 2014
Kim Crompton
A Washington state appellate court panel here recently rejected a lawsuit against Spokane's Providence Sacred Heart Medical Center & Children's Hospital and related parties that was predicated partly on what's called a 'lost chance” malpractice
Read More
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