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Banking & Finance

Trek Architecture

New dental building planned in Spokane Valley

Practice slated to move into larger space next July
October 21, 2021
Erica Bullock
Dr. Anthony Weber, owner and dentist at Weber Dental Center, plans to construct a new 12,000-square-foot multitenant building, in Spokane Valley. The practice is expected to move to a new building, located at 16212 E. Indiana in Spokane Valley
Read More

Former HUD administrator joins Washington Trust Bank

Patterson to lead bank's livability initiatives here
October 21, 2021
Virginia Thomas
Washington Trust Bank has hired former U.S. Department of Housing and Urban Development regional administrator Chris Patterson to serve in its newly established role of community solutions adviser. Patterson says that in this new role, he'll work with
Read More
Karina Elias

Gonzaga lands large gifts in noncampaign year

During pandemic, many supporters 'stepped up'
October 21, 2021
Karina Elias
Gonzaga University received $49 million overall in cash and pledges during its most recent fiscal year, says Jeff Geldien, assistant vice principal of academic development. More than 10,500 donors helped to make it one of the biggest years for
Read More
Gonzaga Athletics

Gonzaga, other INW universities enter NIL era

Schools focus on preparing student-athletes for personal branding, other opportunities
October 21, 2021
Karina Elias
Months into the new NCAA policy that allows student-athletes to sell their name, image, and likeness, a handful in the Inland Northwest have begun brokering financial deals and sponsorships. Those deals are in the tens and hundreds of dollars thus
Read More
Linn Parish

Global, Alaska USA credit unions to join forces

Consolidation expected to be completed in late 2022
October 15, 2021
Virginia Thomas
Anchorage, Alaska-based Alaska USA Federal Credit Union and Spokane-based Global Credit Union intend to combine, the financial institutions announced late Thursday.
Read More

New Wells Fargo branch envisioned on South Hill

Lincoln Heights bank location may be ready for February opening
October 7, 2021
Karina Elias
San Francisco-based Wells Fargo & Co. has begun planning a new bank branch inside the Lincoln Heights Shopping Center, on Spokane's South Hill, says Juan Lopez, Wells Fargo's senior communications consultant. The branch will be located at
Read More

Current pace of inflation might not be that worrisome

Small part of economy drives increase in CPI
September 23, 2021
Paul Brown
Every day, it seems, there is a warning about inflation, especially in the U.S. where consumer prices jumped 5.4% in July from the previous year and a full 0.9% increase from the month of June. Even if you take out volatile food and energy prices
Read More

Tax proposals said to affect retirement decisions

Proposed legislation includes provisions that could spur earlier retirements, some say
September 23, 2021
Virginia Thomas
Inland Northwest financial experts have observed an increase in people retiring slightly earlier, and some say the potential for an increase in certain federal taxes is playing a role. John Kessler, senior vice president with Spokane-based Washington
Read More
Virginia Thomas

Former Itron employees form Treasury4 fintech startup

Young company gets $3.4M in seed funding round
September 23, 2021
Virginia Thomas
A trio of former Itron Inc. employees has launched Treasury4 Inc., a fintech software startup aimed at serving large corporations. Steve Helmbrecht, Nathan Brown, and Ed Barrie quietly incorporated Treasury4 in July 2020. Last month, the company closed
Read More

Taxing Concerns: Spokane bankers question proposed IRS reporting mandate

Requirement could burden financial institutions, observers say
September 23, 2021
Karina Elias
Spokane-area community banks and credit unions are unified in opposition to proposed federal legislation that would require them to report to the IRS on the deposits and withdrawals of all business and personal accounts with a balance of more than $600.
Read More
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