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Banking & Finance

Numerica sets new monthly lending record

Valley-based credit union's performance driven by growth in multiple channels
June 18, 2026
Matt Stephens

Numerica Credit Union reached a new milestone earlier this year, funding $114.8 million in loans in March, the highest monthly total in the Spokane Valley-based institution's history.


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Secure noncompetes with strategic ownership

Noncompetition covenants barred as of June 30, 2027
June 18, 2026
Shea Meehan

As of June 30, 2027, Washington state law will prohibit noncompetition covenants in most employment and independent contractor relationships.


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Historic wealth transfer boosts probate work here

Spokane-area estate planning attorneys are in strong demand
June 18, 2026
Karina Elias

Probate work is rapidly increasing at some Spokane-area estate planning law firms as attorneys begin to see the effects of the nation’s historic transfer of wealth from baby boomers to their heirs.



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Advising needs are ramping up amid silver tsunami

More baby boomers eyeing retirement, succession tips
June 18, 2026
Ethan Pack

Driven by a silver tsunami of retiring baby boomers, Spokane-based Stewardship Concepts Financial Services LLC has seen its assets under management surge from $78 million in 2024 to $200 million in April 2026, says Noah Schwab, co-owner and certified financial planner at Stewardship Concepts.




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Auto loan volumes increase despite price hikes

Inland Northwest financial institutions see increase in new car loans, refinancing
June 18, 2026
Karina Elias

Even as higher vehicle prices, insurance premiums, and borrowing costs continue to squeeze household budgets, Spokane-area lenders say auto loan activity is picking up this year as customers refinance existing loans, stretch payment terms, and hunt for more affordable vehicles. 


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Guest analysis: Local exports show a tale of two states

Regional economic strength carried by machinery, metals
June 18, 2026
Patrick Jones

Exporting from the Spokane area is an activity we don’t hear much about these days. One of the reasons lies in the demise of the International Trade Alliance, which for years promoted local businesses to go global. Another reason is that not much has changed in exports over the past 10 years, at least for Spokane.


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AI frenzy fuels rise in venture capital activity

Companies not centered around surging technology may face funding hurdles
June 18, 2026
Matt Stephens

A surge in artificial intelligence investment is reshaping the venture capital landscape, driving record valuations and deal sizes while creating new challenges for startups that aren't centered on AI technology.


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RESCU expands Idaho membership

First responders, their families in 10 more counties now eligible
June 8, 2026
Emily Botter-Hanson

Spokane-based Responders Emergency Services Credit Union is expanding membership eligibility to 10 counties in southern Idaho following formal approval from the Idaho Department of Finance and the Washington state Department of Financial Institutions. 


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Retirements are driving INW business sales

Buyers are purchasing established companies in the trades, services
June 4, 2026
Karina Elias

Since January, the Inland Northwest has seen several business acquisitions, suggesting that merger and acquisition activity may be on the rise.




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Refinancing activity holds steady pace

Inflation, high oil prices impact rates, consumer uncertainty, expert says
June 4, 2026
Ethan Pack

Refinancing activity in the Spokane market is expected to remain low but steady, as ongoing market uncertainty and global events keep interest rates elevated, according to some industry experts here.




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