Banking & Finance

Trio of SBA veterans form consulting company

Three women plan to teach system to lenders

November 5, 2015

Coralie Myers and Pat Johnson, of Spokane, along with Lisa Lerner, of Phoenix, have formed a new national company here called SBA Simplified LLC, with the goal of advising lenders on how best to use new lending software.

Southern Idaho credit union extends its reach to Cd'A

ICCU takes over at former Public Employees branch

November 5, 2015

Mike McLean

Southeast Idaho-based Idaho Central Credit Union is operating its first North Idaho branch after having recently absorbed the assets and liabilities of Public Employees Credit Union of Coeur d'Alene.

Federal Reserve action stirs policy error concerns

Timeline for raising rates has become more murky

November 5, 2015

Steve Scranton

Much anticipation and discussion swirled throughout the summer regarding when the Federal Reserve would begin the process to normalize interest rates, with economists and forecasters pretty evenly split between whether or not the Fed would start in Septem

Inspirus works to boost membership in Spokane

Credit union dedicated funds to local schools

November 5, 2015

Seattle-based Inspirus Credit Union has stepped up its efforts to add new members in the Spokane area as part of an ongoing effort to reach out beyond its traditionally teacher-based membership, located mostly on the West Side.

Economic statistics don't tell the market's entire story

Some indicators might have become antiquated

November 5, 2015

Michael Maehl

As I review the daily market news and read the economic comments from various sources, it occurs to me that the current measurements being used don't really show the true strength of our total economy.

Numerica Credit Union remodels, adds branches

New design aims to enhance member experience, services

November 5, 2015

LeAnn Bjerken

Numerica Credit Union has been growing not only in terms of membership and assets, but also through branch renovations and additions.

Umpqua's integration

Oregon bank puts emphasis on employee empowerment

November 5, 2015

Mike McLean

Portland-based Umpqua Holding Corp., the parent company of Umpqua Bank, has based an executive team in Spokane to integrate the best of the cultures of Umpqua Bank and the venerable Spokane-based Sterling Bank, which Umpqua acquired last year.

INW stock composite suffers loss for quarter

Avista Corp. rebounds with strong third quarter

October 22, 2015

Hart Capital Management Inc.'s Inland Northwest Composite, which tracks the aggregate market value of 11 publicly traded companies in the region, fell 8 percent in the third quarter to $7.03 billion, from $7.64 billion in the second quarter 2015. It m

H-Source goes public on Canadian Securities Exchange

Spokane-based medical exchange looks to grow

October 22, 2015

Stacey Denny

Spokane-based H-Source Holdings Ltd., which owns young online medical marketplace H-Source Inc., went public on the Canadian Securities Exchange earlier this month. The company, which is trading under the symbol HSI, released 50 million shares, with a 3

Tax planners await action by Congress on extenders

Uncertainty said to delay spending, giving decisions

October 22, 2015

Mike McLean

Some tax preparers here say they expect another late-season rush as they await congressional action on dozens of tax deductions, credits, and benefits collectively grouped together as extenders.