Two years after developing its Small Business Administration lending department, RiverBank Holding Co., the parent company of Spokane-based RiverBank, has become the county’s top SBA lender. The increase in SBA lending comes as the community bank establishes a director of fintech position, reinforcing its founding principles of relationship banking and technology.

At Washington Trust Bank's headquarters, the financial institution has saved more than 5 million gallons of water and roughly $18,000 in annual utility costs thanks to a partnership between K&H Facility Services LLC and the city of Spokane’s Water Wise Commercial Efficiency Auditing Program. 

Rising small business loan demand is bolstering some Inland Northwest banks in the third quarter, but persistent inflation, high interest rates, and trade tariffs are depressing agricultural and commercial borrowing.

Fueled by a 20% revenue increase and workforce expansion plans, Spokane-based Fulcrum Financial Group LLC is launching its next growth phase under new leadership following the retirement of founder Sarah Carlson.

Part of planning and managing business risk is not putting all your eggs in one basket. Saving for retirement independent of the value of your business is one way you can begin diversifying and safeguarding yourself from business risk.

Many business owners spend decades building a company while setting aside too little for retirement. Their backup plan sounds reasonable: “Someday, I’ll sell the business and retire on the proceeds.” But as that “someday” approaches, the plan can collide with reality.

Spokane Valley-based Numerica Credit Union has announced plans to merge with Springfield, Oregon-based SELCO Community Credit Union in a proposed “merger of equals."

Washington state Gov. Bob Ferguson has selected nine low-income census tracts in Spokane County — seven of which are located within Spokane city limits — for the federal Opportunity Zones 2.0 program.

Terrain Programs is pursuing an ambitious plan to acquire downtown Spokane's historic Jensen-Byrd Hardware buildings and redevelop them into a year-round cultural hub.

Most people give the way they always have: a check to the church, a gift to a cause they believe in, and a hope that it helps at tax time. For a lot of retirees, it no longer does. The most tax-friendly dollar you give may be one that never touches your hands.