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Banking & Finance

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Numerica, Oregon-based SELCO Community Credit Union announce merger

CEO Carla Cicero will lead new combined organization
October 28, 2026
Karina Elias

Spokane Valley-based Numerica Credit Union has announced plans to merge with Springfield, Oregon-based SELCO Community Credit Union in a proposed “merger of equals."



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INW census tracts selected for federal program

Opportunity Zones 2.0 will spur more investment in low-income communities
October 22, 2026
Karina Elias

Washington state Gov. Bob Ferguson has selected nine low-income census tracts in Spokane County — seven of which are located within Spokane city limits — for the federal Opportunity Zones 2.0 program.




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Terrain gains ground downtown

Spokane arts nonprofit eyes historic Jensen-Byrd site for new cultural hub project
October 22, 2026
Karina Elias

Terrain Programs is pursuing an ambitious plan to acquire downtown Spokane's historic Jensen-Byrd Hardware buildings and redevelop them into a year-round cultural hub.




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Qualified charitable giving helps cut tax bills

Direct IRA donations offer retirees a smart way to give
October 22, 2026
Noah Schwab

Most people give the way they always have: a check to the church, a gift to a cause they believe in, and a hope that it helps at tax time. For a lot of retirees, it no longer does. The most tax-friendly dollar you give may be one that never touches your hands. 


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Clearwater Paper secures new financing package

Move extends the paperboard manufacturer's debt maturities
October 22, 2026
Ethan Pack

Spokane-based Clearwater Paper Corp. announced it has refinanced its senior notes and other revolving credit facilities on Sept. 18 and has replaced them with a new financing package.




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Five Takeaways: Women in Leadership

with Lindsey Myhre, CEO at STCU
October 8, 2026
Dylan Harris

For its latest episode of Elevating The Conversation, the Journal sat down with Lindsey Myhre, president and CEO of Liberty Lake-based STCU, to discuss the development of women in leadership.


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New Markets pipeline grows in Spokane

Organizations position themselves for a share of a $5B federal program
October 8, 2026
Karina Elias

Organizations behind a growing pipeline of projects across Spokane — including a behavioral health center, a mixed-use childcare development, and an expanding transitional pediatric health facility — are actively positioning themselves for a federal tax-credit program to help their projects move forward.



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Spokane sees spate of summer acquisitions

$120M sale of Valley-based Monaco Enterprises among region's major transactions
September 24, 2026
Matt Stephens

Primarily driven by outside capital and nationwide corporate interest, a wave of business acquisitions and early-stage investments has swept through the Inland Northwest this summer. From Missouri and South Dakota to Georgia and Utah, out-of-town buyers and national firms are acquiring and investing in established Spokane-area companies across a variety of industries.




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BuyWander secures $21M in Series A funding

Spokane Valley location will serve as a testing ground for operational changes
September 24, 2026
Matt Stephens

Following its recent relocation to Kent, Washington, BuyWander Inc. has raised $21 million in Series A funding as the Spokane Valley-founded auction marketplace prepares to expand into more U.S. cities, invest in technology, and build its leadership team. 




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LaunchNW pushes for proper use of Meta funds

Washington state expects up to $339M from decision
September 24, 2026
Karina Elias

LaunchNW wants to ensure that funds from the landmark $17.1 billion settlement with Meta Platforms are dedicated to mitigating the harms that initiated the lawsuit rather than plugging the state budget.


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