Banking & Finance

STCU expands senior leadership team

Credit union seeks to fill two more officer roles

July 18, 2019

Spokane Teachers Credit Union has expanded its senior leadership from seven to 13 positions, including four employees who have been promoted to newly-created vice president roles.

Bankruptcy filings declines in Eastern Washington, for time being

Experts, data suggest increase on horizon

July 3, 2019

LeAnn Bjerken

Bankruptcy filings in Eastern Washington and North Idaho have been declining for nine consecutive years but may be set to increase by the end of this year, some attorneys who monitor such filings here say.

Executive pay declines in the Inland Northwest

Public companies' C-suite compensation falls by double digits

July 3, 2019

Linn Parish

Total compensation sustained a double-digit drop for executives at Inland Northwest-based publicly-traded companies in 2018, according to a Journal of Business analysis.

For late retirement savers, best time to start is now

Several options available for income strategies beyond Social Security

June 20, 2019

Rick Biel

Not long ago, I was driving with my son. As I flipped through the radio stations, he noticed that I only listened to music from the '70s and the '80s. He asked me why I didn't listen to music from the '90s. I explained to him that during the '70

Mountain America Credit Union enters North Idaho market

Utah-based orginization opens branch in Post Falls

June 20, 2019

LeAnn Bjerken

Mountain America Credit Union has taken its first step to expand into the Inland Northwest. The Sandy, Utah-headquartered credit union now has a total of 14 branches in Idaho, having just opened its first North Idaho branch in Post Falls early this month

Proposed bills could protect cannabusiness bankers

Rub between federal, state law could be smoothed out

June 20, 2019

Virginia Thomas

Washington financial institutions and regulators say they're watching closely several pieces of federal legislation regarding cannabis that could impact how banks and credit unions handle banking for the cannabis industry.

Connecting high tech and high touch in banking

Umpqua, U.S. Bank hit refresh on mobile apps

June 20, 2019

Natasha Nellis

In the face of the rising dependence on smartphones, more banks are developing apps that work to build relationships with customers and offer on-the-go financial advice.

A first look at Canopy Credit Union's new look

Art Only

June 6, 2019

Writer Guest

This rendering from HDG Architecture provides a first look at Spokane Federal Credit Union's rebrand to Canopy Credit Union, which will take effect July 22. The credit union is constructing a new branch at 13015 E. Sprague, in Spokane Valley.

Spokane-area foreclosures decline further

Observers here call uptick in April nothing but noise

June 6, 2019

Natasha Nellis

Recent data released by Irvine, California-based real estate research company Attom Data Solutions show foreclosure rates for Spokane County, already at a historic low, continued their downward trend for the first quarter of 2019, a trend Spokane market

Power of compounding shouldn't be overlooked (finance)

Investing early, over long timeline adds to savings

April 11, 2019

Chris Malde

The purchase of Manhattan Island by Peter Minuit for $24 in 1626 is commonly used as an example of a one-sided trade in favor of the Dutch. However, applying the power of compound interest to this sale suggests that it could have also worked out well for