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Banking & Finance

Lincoln Heights retail center gets $10.5 million refinancing

Newmark Realty arranges 20-year loan for borrower
June 30, 2016
Mike McLean
San Francisco-based Newmark Realty Capital Inc. has arranged $10.2 million in permanent financing for Lincoln Heights Shopping Center. Demetri Koston and Skip Slavin, vice presidents of Newmark, respectively based in Spokane and Seattle, arranged the loa
Read More

Bank On initiative hopes to reach more people this year

Marketing campaign aimed at low-income households
June 16, 2016
Chris Street
Bank On Spokane, a four-year-old initiative that seeks to help low- to moderate-income households establish banking accounts, says it's launching a new marketing campaign in an effort to reach more people. Marcia Dorwin, credit analyst at Inland North
Read More

Minimizing inflation's effects on retirement nest eggs

Several factors can cause savings to dwindle quickly
June 16, 2016
Rob Blume
With life expectancy increasing and traditional defined-benefit pension plans disappearing, many Americans are fearful of outliving their savings and running out of money in retirement. How do you know how much money you'll need? Retirement planning is
Read More
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

Importance of disability insurance often overlooked

Such policies can provide businesses key protection
June 16, 2016
Todd Radwick
It is common to use life insurance in the business setting, but have you ever considered that disability insurance may be way more important than life insurance? Why? Because medical technology is really good these days; hospitals and doctors are very g
Read More

Fear of the unknown dominates investment market

Concerns abound despite long-running bull market
June 16, 2016
Michael Maehl
n May of 2015, the S&P 500 made its most recent all-time high. At that time, it seemed as if there was nothing that could stop what CNN Money says has now become the second-longest bull market in history. And yet, nervous market participants today conti
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—Kevin Blocker

Thrivent takes slow, steady approach to its growth

Nonprofit now manages $700M in assets in INW
June 16, 2016
Thrivent Financial, a national, Christian-based financial services organization with offices here, says its financial health-regionally and locally-is stronger than ever despite a methodical approach to attracting new clients. For more than a century
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—Treva Lind

Umpqua Bank, partners bank on food as an academic energizer

Pilot program in second year at three schools here
June 16, 2016
Treva Lind
On a recent Friday afternoon, a handful of Spokane-based Umpqua Bank employees left the financial world to spend a few hours on a kids' playground. Trading desks and teller stations to stand behind lunch tables, they staffed a mobile food bank to serve
Read More

Judge sentences former Northwestern Mutual adviser convicted of wire fraud

John C. Hanson to serve 30 months in prison
June 16, 2016
A federal court judge here sentenced a former Northwestern Mutual Investment Services adviser to 30 months in prison for stealing almost $2.8 million from four different clients, two of whom are family members. John Charles Hanson, 42, pleaded guilty las
Read More
—LeAnn Bjerken

Northwest Trustee looks to grow

After securing state charter, company plans office in Boise, eyes other markets
June 16, 2016
LeAnn Bjerken
After 27 years of operation, Northwest Trustee & Management Services, a Spokane-based professional trust and estate management firm, has transitioned from a sole proprietorship to a limited-liability corporation. Founder and President Stephen Trefts sa
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—Mike McLean

Banner Bank expands in Spokane following merger with AmericanWest Bank

Walla Walla corporation now has 320 Spokane-area employees
June 16, 2016
Mike McLean
Walla Walla-based Banner Bank has expanded its operations here significantly since completing a merger with former Spokane-based AmericanWest Bank, says Kirk Quillin, Banner Bank's east region senior vice president. Since the merger with AmericanWest w
Read More
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