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Banking & Finance

Ventures with multiple owners can be complex

Host of issues should be agreed upon before doing business together
February 1, 2024
Beau Ruff

Business owners should be forewarned: Any business endeavor is infinitely more complex when other people are included in the ownership pool.



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Mergers are usually on the Horizon

Credit union expands services through aid of mergers, acquisitions
February 1, 2024
Karina Elias

Spokane Valley-based Horizon Credit Union has focused its efforts on combining forces with other small financial institutions, allowing it to grow and expand. 


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Michael Maehl

Economy might be stronger than many realize

Market resiliency made for good year in 2023
February 1, 2024
Michael Maehl

2023 ended up being a good year for markets with the rally showing signs it will continue this year..


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More financial institutions to branch out to South Hill

Members are driving two organizations to create a physical presence in the area
February 1, 2024
Erica Bullock

Both Gesa Credit Union and Idaho Central Credit Union intend to meet membership demand with new branch locations on Spokane's South Hill.


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2024 People of Influence: Washington Trust Bank President and COO John "Jack" E. Heath III

February 1, 2024
Linn Parish

A fixture of the Pacific Northwest's finance sector, Jack Heath has worked in leadership at Washington Trust Bank since the late 1980s.


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2024 People of Influence: STCU Chief Marketing Officer Marty Dickinson

February 1, 2024
Karina Elias

Marty Dickinson has shared in the leadership on the WSU Elson S. Floyd College of Medicine, ONE Spokane Stadium, the LaunchNW scholarships, and many other civic initiaitves.


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2024 People of Influence: Canopy Credit Union President and CEO Charlotte Nemec

February 1, 2024
Karina Elias

In 2023, Charlotte Nemec was named CEO of the year by the National Association of Federally-Insured Credit Unions. 


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Slower rate of growth anticipated for Spokane-area financial institutions

Deposits, loan demand have declined industrywide
December 21, 2023
Karina Elias

Most financial institutions, including banks and credit unions, will continue to see a slowdown in deposits with overall negative growth in 2024.


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Hub International acquires Longbow Financial

Spokane-based office to retain staff, continue serving clients here
December 21, 2023
Dylan Harris

Spokane-based wealth management company Longbow Financial Services LLC has been acquired by Hub International Ltd.


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Multipronged plan can help fund child’s education

Long-term strategy aims to ease burden of rising college costs
December 7, 2023
Beau Ruff

As higher education costs continue to rise, it’s important to consider how best to fund your child’s or grandchild’s education. I propose a multipronged approach to use tax-advantaged 529 plans, trusts, and term-life insurance.


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