Nonprofit Inland Northwest Lighthouse, which operates a manufacturing facility in North Spokane where it employs nearly 50 people, soon will start using a major expansion of its building there that it says will enable it to expand its workforce.
Baker
Second Harvest Food Bank of the Inland Northwest is moving forward with several large projects this year, including a $2.5 million, 26,000-square-foot second-phase expansion of its Pasco, Wash., warehouse facility, says President and CEO Jason Luke Clark.
Spokane-based financial institution AmericanWest Bank has experienced an organic loan growth rate of about 10 percent a year for the last two years, which is double the industry standard, claims CEO Scott Kisting.
The bank also has extended a total of
Secured Investment Corp., the Coeur d'Alene-based private-money lender, plans to start franchising its young retail subsidiary, Cogo Capital LLC, in an effort to increase its loan volume more quickly.
Not quite 1 1/2 years old, Cogo Capital has corp
Northwest Farm Credit Services, the Spokane-based agricultural lending cooperative, has reported net income of $237 million for 2013, an increase of 26 percent compared with income of $187.3 million the previous year.
Meanwhile, the cooperative says itï
Banner Corp., the Walla Walla, Wash.-based parent of Banner Bank and Islanders Bank, has reported fourth-quarter net income of $11.6 million, or 60 cents a diluted share, a decrease from $13.3 million, or 69 cents a share, in the year-earlier quarter.
Spokane-area banks and credit unions are adjusting to new federal residential mortgage lending standards that require federally insured lenders to take additional steps when collecting a borrower's financial information and calculating ability to repay
Some lending institutions that are among the leaders here in originating U.S. Small Business Administration-backed loans are anticipating renewed interest from borrowers this year, following a dip in total loan volume in the SBA's Spokane district in 20
Spokane wholesaler URM Stores Inc. announced recently that it's nearing the end of its investigation into the cyber-attacks last fall that compromised an unknown number of debit and credit cards, but some aftereffects of that breach still are being felt
Sterling Financial Corp., the Spokane-based holding company for Sterling Bank, reported this afternoon fourth-quarter net income of $22.2 million, or 35 cents a diluted share, up from $20.9 million, or 33 cents a share, in the year-earlier period.
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