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Banking & Finance

MMEC Architecture & Interiors

Gesa Credit Union expands footprint into North Idaho

Branch expected to open in Post Falls late this year
June 8, 2023
Karina Elias
Gesa Credit Union is building a 10,500-square-foot multitenant building in Post Falls in which the Richland, Washington-based financial institution plans to establish its full-service branch in Idaho. Richard Waddle, Gesa's executive vice president
Read More

Kaspien Holdings to delist from Nasdaq exchange

Year-end financials show declines in sales, income
June 8, 2023
Erica Bullock
Spokane Valley-based e-commerce company Kaspien Holdings Inc. has announced that it will voluntarily delist its common stock from the Nasdaq Capital Market. The company expects the delisting of its common stock to become effective later this month.
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Careful giving strategies can have tax advantages

Planning helps optimize donation timing, structure
May 25, 2023
Mary Lago
A carefully developed charitable-giving strategy empowers individuals and families to support meaningful causes, while also benefiting from tax advantages. An important place to start is to consider the area or areas you want to impact, such as mental
Read More
Erica Bullock

Employee generosity grows with expanded options

Businesses engage variety of methods to encourage giving
May 25, 2023
Erica Bullock
Employers in a variety of industries say philanthropy is embedded within their company's culture, and learning what inspires employee giving can result in increased financial support. Workplace fundraisers at some companies in the Spokane area have
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ICCU to build new branch on South Hill

$6M project to start next year at former Wells Fargo location
May 25, 2023
Dylan Harris
Chubbuck, Idaho-based Idaho Central Credit Union plans to open a new branch at the site of a former Wells Fargo building on Spokane's South Hill. ICCU will demolish the Wells Fargo building, located at 2910 E. 30th, just east of South Regal Street
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Ten Capital reaches $1 billion in managed assets

New milestone coincides with Hightower strategic partnership
May 25, 2023
Karina Elias
Ten Capital Wealth Advisors LLC, of Spokane, has reached $1 billion in assets under management between its home offices in Spokane and its offices in Seattle, Washington. 'Reaching ($1 billion) lets us know we're doing something right, to be able
Read More

Bank of America tower renovations are underway

Permits to improve interior total $1.75M
May 11, 2023
Erica Bullock
The tallest building in Spokane has several ongoing construction projects that will improve multiple tenant spaces inside the 42-year-old tower. Over the last 16 months, the Bank of America Financial Center, at 601 W. Riverside, has had seven
Read More

Foreclosures rise in INW, following national trend

Increase in defaults said not alarming yet
May 11, 2023
Erica Bullock
Recent foreclosure activity in Spokane and Kootenai counties shows a significant increase during the first three months of 2023 compared to the year-earlier period, following a year-over-year increase in 2022. Foreclosures on deeds of trust in Spokane
Read More

Millennials forced to play with unluckiest hand

Generation hesitated to invest after 2008 financial crisis, faces rising costs to borrow
April 27, 2023
Noah Schwab
Millennials, members of the generation born between 1981 and 1996, have been dubbed the 'unluckiest generation” regarding financial timing. They are coming of age during economic instability and macro environment changes that have drastically
Read More

Parting Thoughts with bank executive Phyllis Campbell

~
April 27, 2023
Karina Elias
A half-century after starting her banking career in Spokane, Phyllis Campbell, 71, has retired from her last banking role as chairman of JPMorgan Chase & Co. for the financial services company's Seattle-based Pacific Northwest region.
Read More
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