Banking & Finance

Horizon Credit Union to expand operations in Spokane Valley

Project will free space for admin expansion

December 15, 2022

Spokane Valley-based Horizon Credit Union is renovating its headquarters and constructing a new facilities-management and storage building in Spokane Valley's Mirabeau neighborhood. Combined, the remodel and new construction projects are valued at

Income-to-asset ratio can guide retirement timing

Cost of living expected to double in 24 years of being in retirement

December 1, 2022

Michael Maehl

Whether you're already retired or it's moving closer to reality for you, there are some things you should consider when managing your investments. Up until retirement, you simply accumulate assets. You get paid and a portion goes to your retirement

Women maintain 401(k)s as inflation concerns mount

Recession hasn't affected long-term savings plans

December 1, 2022

Erica Bullock

In general, Spokane-area women participating in 401(k) retirement plans are either maintaining or increasing their contributions to the plans, although inflation is a major concern for many, some financial and wealth advisers here say.

Spokane Symphony looks to orchestrate more profitable shows

Regression approach uses data to predict Spokane's appetite for visiting artists

December 1, 2022

Virginia Thomas

The Spokane Symphony has developed a new model to guide booking decisions and forecast ticket sales at The Martin Woldson Theater at the Fox, in downtown Spokane.

Planning for more planners: Whitworth to launch financial planning master's program

New offering emerges as industry struggles to find sufficient number of new advisers

December 1, 2022

Karina Elias

Wealth managers are recruiting new financial advisers here and across the country to maintain service levels and replenish an aging workforce, industry representatives and educators say.

Offering wellness tools can help retain employees

Workers feel stressed by economic conditions

November 17, 2022

Kurt Walsdorf

As labor shortages continue to impact companies across industries, businesses are shifting their focus to employee retention. According to Bank of America's recent Workplace Benefits Report, 46% of

Treasury4 secures more than $3.5M in seed funding

Fintech startup here said to be moving to commercialization

November 17, 2022

Virginia Thomas

Treasury4 Inc., a Spokane-based fintech startup formed last year, has secured more than $3.5 million so far in its second round of fundraising, which will be used to launch the commercialization phase of the company's software products.

Health care insurance rates soar in Spokane

Small businesses hit with double-digit hikes in some instances

November 17, 2022

Karina Elias

Small employers in Washington state face double-digit increases in health-care insurance rates for 2023, in some cases.

Downturn might be good time for Roth conversion

Bear market may make tax trade-off worthwhile

November 3, 2022

Rick Biel

One silver lining in the current bear market is that this could be a good time to convert assets from a traditional individual retirement account to a Roth IRA.

It's time to prepare for rising cost of borrowing

Higher interest rates can affect consumer behavior

November 3, 2022

Joseph Lanham

The Federal Reserve is expected to continue raising interest rates to counteract inflation. The prospect of rising rates may seem daunting for small business owners, but the reality so far may have been less worrisome.