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Special Report

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

Patricia Butterfield to step down as nursing school dean

WSU administrator plans to return to faculty role
October 23, 2014
Staff Report
Patricia Butterfield, dean of Washington State University's College of Nursing, will leave the dean post and return to a faculty role next April. She currently directs nursing education at WSU's campuses in Spokane, Vancouver, Tri-Cities, and Yakima
Read More
—Linn Parish

CareUnity brings in its first chief medical officer

Organization to step up efforts to meet 'triple aim'
October 23, 2014
Linn Parish
CareUnity, the accountable-care organization developed two years ago by Group Health Cooperative and Providence Health Care, has hired Dr. Jeffrey Liles as its chief medical officer.
Read More

Working toward a more educated RN workforce

Goal is for more nurses to earn four-year degrees
October 23, 2014
Linda Tieman
Washington state's nursing leaders are continuing to make momentous progress toward reaching the national goal of creating a highly educated, diverse nursing workforce that will be better prepared to take care of all people now and in the future.
Read More
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