Banking & Finance

Financing restrictions eased for condo buyers

Such development in state remains stagnant despite recent nationwide reforms

November 7, 2019

Recent changes to the Federal Housing Administration's condominium financing guidelines will make buying a condominium cheaper and such homeownership more accessible, says Darin Watkins, governmental affairs director for the Spokane Association

Spokane economist named to state Community Economic Revitalization Board

Ocasio Hochheimer to serve three-year term with revitalization entity

October 24, 2019

Virginia Thomas

Spokane economist Vange Ocasio Hochheimer has been appointed to the Washington state Department of Commerce Community Economic Revitalization Board. Her three-year volunteer term began Sept. 3.

Innovia launches initiative to keep more wealth in Inland Northwest

Big generational transfer expected in next decade

October 24, 2019

Kevin Blocker

Recognizing the chance to seize on an 'unprecedented opportunity,â€ leadership at the Innovia Foundation, which oversees targeted endowments, local grants, and scholarships, has started an awareness campaign across the 20-county region it serves.

Baby boomers face decision of a generation

Spokane area, longtime business owners look to sell, shutter as careers wind down

October 24, 2019

Kevin Blocker

Ronald Brown plans to travel and do more photography after he finishes selling off inventory at Brown Building Materials, the East Spokane surplus store he's operated since the late 1980s.

Remitly opens Spokane office

International money transfer company cites talent pool here

October 16, 2019

Mike McLean

Remitly, a Seattle-based international money transfer company that claims to serve nearly 2 million customers, has opened a Spokane office in the Bennett Block building, at 503 W. Main downtown. The company transfers more than $6 billion annually for c

AristaPoint establishes office in Spokane

Specialty insurance agency plans to double staffing

October 10, 2019

Natasha Nellis

Kirkland, Washington-based AristaPoint, an insurance agency and private group market administrator, has opened a new Spokane office in the historic Flour Mill, at 621 W. Mallon, says CEO Patrick Chestnut. The new office will include full-time consulting

Deposits rise for most banks with branches in Spokane area

Washington Trust garners highest market share for 10th consecutive year

September 26, 2019

Virginia Thomas

Deposits at bank branches in the Spokane area grew by 1.7% in the 2019 fiscal year, according to a new report from the Federal Deposit Insurance Corp.

2019 Rising Stars James Krejci

VP builds connections through podcast series

September 12, 2019

Sandra Hosking

It's not just about the numbers for banker James Krejci. It's about the relationships. 'You have to be able to manage the interaction with customers and the people side of it, but in order to do it very well, you have to understand the numbers side

Q&A with Canopy Credit Union CEO Charlotte Nemec

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September 12, 2019

Virginia Thomas

Canopy Credit Union - formerly Spokane Federal Credit Union - has seen some changes in the past year. Last summer, Charlotte Nemec became the Spokane-based credit union's president and CEO. Around that time, the credit union announced it was

HomeStreet Bank sells three of its Spokane, Coeur d'Alene offices to HomeBridge

HomeBridge Financial buys Spokane ops as part of larger transaction

September 12, 2019

Virginia Thomas

New Jersey-based mortgage lender HomeBridge Financial Services Inc. has acquired three HomeStreet Bank standalone home loan centers in the Spokane-Coeur d'Alene area as part of a larger transaction. In all, HomeBridge acquired 72 standalone home loan