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Banking & Finance

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Loran Graham Co. increases assets, clients over 16 years in business

Faith-driven investments shift to more mainstream strategy fueling growth
November 21, 2024
Erica Bullock

Loran Graham Co. has experienced significant growth of its managed assets and volume of clients since the company's founding in 2008, due to a growing acceptance of faith-based investing.


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Michael Maehl

Income, not principal, is real retirement challenge

Bond-based investments can lag inflation, taxes
November 21, 2024
Michael Maehl

For some people transitioning savings to retirement income, being too conservative with investments won’t have the intended effect of protecting principal over the long term, writes retirement income specialist Michael Maehl.


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Small business loan program creates grant access

Canopy CU volunteers as local lender for Credit Building Pilot Program
November 7, 2024
Dylan Harris

Dozens of small business owners have received loans from Canopy Credit Union through the Credit Building Pilot Program.


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Financial news briefs

November 7, 2024
Journal of Business Staff
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Fruci & Associates embraces flexible schedules as recruiting tool

Firm attracts burnt-out workers, grows team
November 7, 2024
Karina Elias

While the accounting industry faces an employee-pipeline crisis, Kemper Rojas, managing partner at Fruci & Associates PS, says the Spokane-based accounting firm has been engaging strategies focused on talent retention and recruitment. 


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Credit unions acquire community banks at record pace

Washington state leads the nation in credit union purchases of banks in 2024
November 7, 2024
Erica Bullock

U.S. community bank sales to credit unions have reached a record high of 19 acquisitions announced nationwide from Jan. 1 to Oct. 25, but the trend is of concern to some bankers who are calling on more federal oversight of the transactions.


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Planning for giving to heirs can involve nuance

Some devices have more tax liability than others
November 7, 2024
Beau Ruff

In his latest column, wealth planner Beau Ruff explains potential tax implications related to gifts.


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Businesses shift strategies to give to disaster relief

Emergency events provoke change in aid and support
October 24, 2024
Karina Elias

With the increased number of natural disasters and emergency events occurring in recent years, businesses have evolved in how they respond and provide support. 


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Michael Maehl

Several financial vehicles facilitate charitable gifts

Some have tax benefits; others preserve income
October 24, 2024
Michael Maehl

Retirement income specialist Michael Maehl describes some of the most common financial vehicles for charitable giving.


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Tithing through a will can be overly complicated

Defining gift as lump sum rather than percentage is simpler to execute
October 24, 2024
Beau Ruff

Tithing a certain percentage of an estate rather than giving a defined sum adds to complexities the executor of a will must perform.


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