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Special Report

—Rendering courtesy of Nystrom Olson Architecture

STCU starts work on south Valley branch

New office to open before year-end, will be the 15th overall for the credit union
July 28, 2011
Mike McLean
Liberty Lake-based Spokane Teachers Credit Union says it has started construction of its 15th branch, which is scheduled to open late this year in Spokane Valley.The planned branch, which STCU will call its South Valley branch, will occupy a to
Read More

Wells Fargo aims to gain market share

Regional executives say institution is healthy, seeing signs of recovery
July 28, 2011
Chey Scott
The Wells Fargo Bank district that includes the Spokane-Coeur d'Alene area has performed well throughout the economic downturn due to conservative lending policies, and the bank is positioned for further growth as the economy improves, regional say
Read More
—Staff photo by Mike McLean

Property PRESSURE

Lenders use variety of tactics to reduce inventory of seized holdings
July 28, 2011
Mike McLean
Financial institutions here are resorting to a variety of tactics to unload real estate they've acquired due to a continuing swell of foreclosures and defaulted loans. Such strategies include renegotiating loans, listing bank-owned properties on
Read More
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