Banking & Finance

First Interstate to acquire two North Idaho banks

Transactions valued at total of nearly $203 million

October 11, 2018

First Interstate BankSystem Inc., the Billings, Mont.-based parent of First Interstate Bank, has agreed to acquire two Kootenai County banks-Coeur d'Alene-based Idaho Independent Bank and Post Falls-based Community 1st Bank. The IIB and Community 1

Fulcrum Financial office building rises on South Hill

Larger space will enable firm to grow, says owner

October 11, 2018

Samantha Peone

Construction is underway on a 3,000-square-foot building at 1216 S. Grand Blvd., on Spokane's South Hill, that will be the new headquarters for Fulcrum Financial Group LLC, says Sarah Lynn Carlson, the company's owner.

2018 Rising Stars: Christopher Malde

Early experience with East Coast hedge fund shapes career path

September 13, 2018

Mike McLean

After having begun his professional career in Seattle and on the East Coast, Christopher Malde, owner of Malde Capital Management LLC, says living in Spokane is a dream come true. Malde, 36, grew up in Ellensburg, Wash., and attended Washington State

Know your credit score facts, myths

Many confused about what helps, hinders their ratings

August 16, 2018

LeAnn Bjerken

Most of us know there are times in life when you'll need things that can only be purchased using credit, including buying a new car, a first home, and paying for college. We also understand that in those situations, before lenders will give you that

RiverBank sets course for continued rebound

Institution aims to exceed total assets of $225 million in next five to seven years

August 16, 2018

Samantha Peone

Spokane-based RiverBank plans to grow its assets by 8 percent to 14 percent a year during the next five to seven years to reach total assets exceeding $225 million, says bank CEO Dan Byrne. The goal aligns with RiverBank's climb from a recession

A vision for Spokane Federal Credit Union

Nemec to lead organization's first foray into Spokane Valley

August 16, 2018

Virginia Thomas

Charlotte Nemec has been president and CEO of Spokane Federal Credit Union for about a month and says she already has big plans for the financial cooperative. Some of those plans include opening a new branch in Spokane Valley, increasing efforts to

Getting financial advice for your parents

Adviser offers ideas to help people approach parents for financial second opinion

August 2, 2018

Ben KlÃ¼ndt

There are many talks that your parents get to have with you, and I'm sure that in this day and age, many parents have Googled 'when is the right time to talk to your kids about â€¦ .â€ In reality, I get many adult children who come to me saying they

Valley concern helps widows find independence

Widows Might nonprofit offers resources, guidance

August 2, 2018

Virginia Thomas

Twenty years ago, Wes Teterud and his wife, Adrienne, started Widows Might in the basement of a local church, with the goal of the Spokane Valley nonprofit to provide guidance and resources on practical matters for widows who might not have support from

Spokane-based Moss Adams principal selected to lead national practice

Former Contineo owner heads financial services consulting division now

July 19, 2018

Samantha Peone

Seattle-based national accounting firm Moss Adams LLP, which has an office here, has named Spokane partner Craig Sanders as the national leader of the firm's financial services consulting practice, which covers all 50 states. The financial services con

Inland Northwest composite declines

Five of nine companies saw gains in market cap

July 19, 2018

LeAnn Bjerken

Hart Capital Management Inc., of Spokane, says the composite value of the nine Inland Northwest-based publicly traded companies decreased to $12.1 billion in the recently completed second quarter of 2018. The decline marks a $539.4 million, or 4.3 percen