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Banking & Finance

odd Radwick, president of Radwick Financial Group LLC, of Winthrop, Wash., is an insurance and financial adviser. He can be reached at 509.996.3425 and at  todd@radwickfinancial.com

Adviser: Set realistic retirement funding plan

Saving can be less stressful if using adjustable scale
March 15, 2018
Todd Radwick
Saving for retirement can be a daunting and intimidating task. Various formulas abound, are everywhere, and readily provided by financial planners, advisers, and websites. They allow you to plug in your information to account for your goals, time left to
Read More
—LeAnn Bjerken

Tax law changes expected to reduce charitable giving

New strategies emerging to maximize deductions
March 15, 2018
LeAnn Bjerken
As the end of tax season looms, financial experts both here and nationally are predicting provisions in the new Tax Cuts and Jobs Act could change how taxpayers plan to contribute to charity this year. Most agree the changes are likely to alter taxpayer
Read More
—Kevin Blocker

Global Credit Union is considering building two new retail buildings

Two structures envisioned on downtown's west end
March 15, 2018
Spokane-based Global Credit Union is considering construction of two commercial structures on the western edge of downtown. One structure is planned on a lot just north of its corporate office building at 1500 W. Fourth and the other across Fourth Avenue
Read More

The good, bad, ugly about donating under new rules

Larger standard deduction complicates write-offs
March 15, 2018
Rob Blume
The new Tax Cuts and Jobs Act takes effect this year, and Americans are hard at work deciphering what the changes mean. One goal of the new tax law was to simplify filing for more taxpayers. Consequently, the standard deduction has nearly doubled, elimina
Read More
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Blockchain technology makes its way into the Inland Northwest

Mechanism supporting cryptocurrency said to be alluring to some
March 15, 2018
Samantha Peone
Christopher Armitage, co-founder and co-owner of West Plains-based cleaning business Armitage Cleaning LLC, predicts that 10 years from now blockchain technology will be so omnipresent in society that people will use it daily without even appreciating how
Read More
—LeAnn Bjerken

Chimney Rock Mortgage strives to keep lending local

Financer hopes to make 200 home loans this year
March 1, 2018
LeAnn Bjerken
Despite potential challenges posed by recent upticks in interest rates, Mike Hogan, loan officer and branch manager for Spokane-based Chimney Rock Mortgage LLC, says he believes there are still opportunities for growth in Spokane's home lending markets.
Read More

Most of old Ridpath Annex to be demolished

Washington Trust to remove top four floors as part of renovation
March 1, 2018
Samantha Peone
Washington Trust Bank, which owns the former Executive Court building at 501 W. First downtown, plans to remove the second through fifth stories of the five-story structure, says Katy Wagnon, spokeswoman for the Spokane-based bank. Construction begins on
Read More
—Samantha Peone

Demand for HELOCs strong in Spokane despite rising rates

Actions by Fed, increasing home values affect demand
March 1, 2018
Samantha Peone
Despite rising interest rates, applications for home equity loans, such as home equity lines of credit, have remained consistent and even increased some throughout the past year, some Spokane-area lending experts say. David Flood, chief lending officer a
Read More
—Samantha Peone

HomeStreet's new home in downtown Spokane

Bank adds first retail presence in Spokane, moves commercial lending in city's core
March 1, 2018
Samantha Peone
Following the launch of commercial lending services here barely two years ago, Seattle-based HomeStreet Bank recently opened its first retail branch in Spokane, where it has consolidated both its commercial and retail services, says Steve Storey, senior v
Read More

Global Credit Union shuts its two offices in Tri-Cities

Yoke's seeks bank, CU to fill branch vacancies
February 15, 2018
Robin Wojtanik
Spokane-based Global Credit Union has closed two Tri-Cities branches and a home loan center there. The credit union shuttered in-store branches at the Pasco and Kennewick Yoke's Fresh Market supermarkets on Jan. 31. Global Credit Union's 1,600 T
Read More
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