Banking & Finance

Economic statistics don't tell the market's entire story

Some indicators might have become antiquated

November 5, 2015

As I review the daily market news and read the economic comments from various sources, it occurs to me that the current measurements being used don't really show the true strength of our total economy.

Numerica Credit Union remodels, adds branches

New design aims to enhance member experience, services

November 5, 2015

LeAnn Bjerken

Numerica Credit Union has been growing not only in terms of membership and assets, but also through branch renovations and additions.

Umpqua's integration

Oregon bank puts emphasis on employee empowerment

November 5, 2015

Mike McLean

Portland-based Umpqua Holding Corp., the parent company of Umpqua Bank, has based an executive team in Spokane to integrate the best of the cultures of Umpqua Bank and the venerable Spokane-based Sterling Bank, which Umpqua acquired last year.

INW stock composite suffers loss for quarter

Avista Corp. rebounds with strong third quarter

October 22, 2015

Hart Capital Management Inc.'s Inland Northwest Composite, which tracks the aggregate market value of 11 publicly traded companies in the region, fell 8 percent in the third quarter to $7.03 billion, from $7.64 billion in the second quarter 2015. It m

H-Source goes public on Canadian Securities Exchange

Spokane-based medical exchange looks to grow

October 22, 2015

Stacey Denny

Spokane-based H-Source Holdings Ltd., which owns young online medical marketplace H-Source Inc., went public on the Canadian Securities Exchange earlier this month. The company, which is trading under the symbol HSI, released 50 million shares, with a 3

Tax planners await action by Congress on extenders

Uncertainty said to delay spending, giving decisions

October 22, 2015

Mike McLean

Some tax preparers here say they expect another late-season rush as they await congressional action on dozens of tax deductions, credits, and benefits collectively grouped together as extenders.

Northwest Farm Credit Services start design work on new headquarters on West Plains

Ex-Ambassadors building set for remodel, expansion

October 8, 2015

LeAnn Bjerken

Spokane-based Northwest Farm Credit Services has begun designing a $7.5 million remodel and expansion of what will be its new corporate headquarters on the West Plains.

PayneWest Insurance consolidates its Spokane-area office

Operations merged into space in the U District

October 8, 2015

Samantha Peone

PayneWest Insurance has consolidated its Spokane-area offices into 21,500 square feet of space in the Riverpoint One office building, at 501 N. Riverpoint Blvd., in Spokane's University District, says Dan Antonietti, its managing director for administra

Tom Simpson: entrenched in entrepreneurship

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October 8, 2015

Linn Parish

If it involves entrepreneurship and it's located in Spokane, chances are good that Tom Simpson has something to do with it. The 55-year-old Spokane native is president of the Spokane Angel Alliance investment fund, chairman and co-founder of Spokane e

Washington Trust leads Spokane County in deposits for sixth straight year

Bank of America, U.S. Bank stay in top three

October 8, 2015

LeAnn Bjerken

Washington Trust Bank continues to lead banks in deposits in Spokane County, says an annual market share report released late last month by the Federal Deposit Insurance Corp. The Spokane-based bank has topped the list every year since 2009, when Sterlin