Banking & Finance

Prepare for savings adjustments in retirement years

Retaining some stocks can help hedge inflation

September 22, 2022

Capital One Group recently surveyed 1,005 adults for its Financial Freedom Study. In the questions regarding retirement issues, the responses suggest that, apparently, it's not a major thing for most pre-retirees. Here's some of what they found.

Market pullback expected; current downturn isn't historic

Stimulus fueled demand, triggered Fed's actions to curb rise in inflation

September 22, 2022

Staff Report

Market pullbacks are never easy, especially if you are retired and depend on your investments to generate income to pay your expenses. For so many people, this market pullback is especially difficult.

INW advisers: Watch out for red flags when investing nest eggs

Investment professionals offer guidance in light of recent indictment in Spokane

September 22, 2022

Karina Elias

In light of recent charges against the local financial adviser accused of stealing millions from his clients, Spokane-area financial professionals and the legal examiner involved in the case say there are red flags investors should watch for and ways to

Progressions Credit Union plans North Side branch

Stand-alone location took two years to find, secure

September 8, 2022

Erica Bullock

Progressions Credit Union plans to construct a second stand-alone branch next spring at the northwest corner of Nevada Street and Jay Avenue, says Susan Vuong, the organization's president and CEO.

Rising Star Amanda Landreth: 'Busiest year' reaps its own rewards

CU director aims to pave way for women leaders

September 8, 2022

Dylan Harris

Amanda Landreth, director of lending administration at STCU, says her drive to succeed has helped push her through the busiest year of her life. 'I just want to get the next step done so I can be proud of what I've done and show my kids that you

Surge in ESG funds calls for closer scrutiny

'Greenwashing' prompts regulators to take further action against false claims

August 25, 2022

Krystal Daibes Higgins

The exploding popularity of environmental, social, and governance funds is prompting the federal Securities and Exchange Commission to take stricter measures on how investment managers brand their funds.

Economic Pressures heighten organizational risk

Sustainable total rewards program isn't done solely by increasing salaries

August 25, 2022

Kevin Cipoletti

Global developments continue to compound supply chain vulnerabilities. But better insight into the risks associated with related economic pressures and inflation will help organizations approach total rewards more sustainably.

Gold loses luster as hedge against market dip, inflation

Precious metal prices haven't rallied as some had thought they would during a bear market

August 11, 2022

Michael Maehl

It's no fun paying up for essential goods and services, but what's mostly overlooked is the fact that many people will buy them regardless of price. So they may be suffering from inflation, but by paying much higher prices for discretionary purchases,

Earnings fall at many banks with Spokane presence

Some institutions blame lack of PPP funds; others fault rising interest rates

August 11, 2022

Virginia Thomas

More than half of the banks with a presence in the Spokane area report a decrease in earnings for the second quarter of this year. Of 13 institutions with readily available earnings reports that have at least one branch in Spokane County, eight saw second

Numerica to convert investment services to Cetera Financial

Credit union previously was affiliated with CUSO

August 11, 2022

Karina Elias

Spokane Valley-based Numerica Credit Union plans to convert its current investment program to Cetera Financial Institutions, a subsidiary of California-based Cetera Financial Group Inc., says Nancy Almond, Numerica's senior vice president of financial