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Banking & Finance

Dollars up, donors down at INW universities

Record-setting gift totals at INW universities have originated from fewer contributors
October 26, 2023
Erica Bullock
Despite a record-breaking year for donations at some Spokane-area universities, many higher education institutions are facing a decline in donor numbers-a worrying trend for the continued sustainability of major gifts, some university leaders here say.
Read More
Karina Elias

Re*Imagine Medical Lake steps in for wildfire victims

Nonprofit pivots focus to residents devastated by summer's Gray Fire
October 26, 2023
Karina Elias
In the aftermath of the Gray Fire that destroyed 240 homes in and around Medical Lake over the summer, Re*Imagine Medical Lake has partnered with the city, churches, businesses, and other nonprofits to coordinate resources available for the victims, says
Read More

Supreme Court's 'apex' ruling has Spokane roots

CEOs, high-ranking execs aren't exempt from being deposed in civil actions, state's highest court rules
October 12, 2023
Karina Elias
In a recent Washington state Supreme Court ruling, the state high court declined to adopt the so-called apex doctrine-a practice that sometimes grants high-ranking executives immunity from being deposed due to their position.
Read More

Letter of intent designed to protect seller, buyer

Hidden risks can surface without such document
September 28, 2023
Beau Ruff
Individuals seeking to start or grow a business often look to acquisition strategies to achieve those goals. Once a prospective buyer has identified a potential business to acquire, and once the buyer has engaged in preliminary talks with
Read More

Conduct financial 'fire drill' to test retirement plan

Disasters underscore importance of ensuring income expectations
September 28, 2023
Sarah Carlson
Here in the Inland Northwest, we are recovering from our fire season. Many community members were displaced, and some lost their homes in the Gray and Oregon Road wildfires. What would your life be like if you
Read More

2023 Rising Star Brandon Rose: Pulling double duty pays dividends

Community-focused work brings success
September 14, 2023
Having one person manage two branches of Washington Trust Bank isn't a normal operating procedure for the company, but 32-year-old branch manager Brandon Rose was not slow to volunteer his skills and fulfill both roles when he saw a need in the company.
Read More

Living will, power of attorney can protect wishes

Health directives often are used in combination as part of estate plans
September 14, 2023
Beau Ruff
Are you confused about the health care directive? Is it the same as a power of attorney for health care? And what about a living will, do-not-resuscitate order, or portable order of life-sustaining treatment? These concepts can be confusing when it
Read More
Karina Elias

Treasury4 raises $20M in new capital

Fintech startup secures what's believed to be largest VC investment in INW this year
September 14, 2023
Karina Elias
Treasure4 Inc., a Spokane-based fintech company that offers tools and software for treasury and finance practitioners, has raised $20 million in series A funding. Tom Simpson, CEO of Spokane-based Ignite Northwest and president of the Spokane Angel
Read More

Gig economy requires flexibility, calls for balance

Drawbacks include reduced loyalty, lack of workforce benefits
August 31, 2023
Noah Schwab
Over the past few years, the gig economy has experienced an immense expansion, altering the conventional workforce worldwide. Gig workers are independent contractors, online platform workers, contract firm workers, on-call workers, and temporary worker
Read More
American Red Cross

Spokane businesses rally to assist wildfire recovery

About $1M worth of funds, goods received at two organizations to help relief efforts
August 31, 2023
Erica Bullock
Uncontrolled wildfires near Medical Lake and Elk have compelled dozens of Spokane County businesses to come together to provide immediate support of relief and recovery efforts, resulting in about $1 million worth of donated funds and goods received at
Read More
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