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Banking & Finance

Financial conditions call for thoughtful reaction

Investors shouldn't confuse courage, recklessness
March 10, 2022
Sarah Carlson
This year has opened with a bang, with so much challenging news between inflation and the economic drama, a worldwide pandemic, and now, a war in Ukraine. None of us can escape the updates on negative news. Investors are currently on a wild ride watching
Read More

Krumble Foundation formed to help college students

Spokane nonprofit granted nearly $2M to programs at local colleges last year
March 10, 2022
Erica Bullock
After running a successful manufacturing company in Spokane for nearly three decades, Muriel and Burke Blevins stepped away with a desire to impact the community meaningfully. Recognizing the challenge of rising college tuition coupled with the hardships
Read More

Bucket List Living emerges as financial planning trend

•New trend in financial planning emerges •Some professionals caution against it
March 10, 2022
Karina Elias
The past 18 months have brought on a shift in mindset which has made many people anxious, empowered, and energized to do things earlier than initially planned, says Michael Jackson, senior vice president and Spokane-Coeur d'Alene branch manager at D.A.
Read More

STCU to acquire four Banner Bank branches

Proposed purchase would increase credit union's presence in Stevens County, North Idaho
February 24, 2022
Staff Report
STCU has agreed to acquire four Banner Bank branches in small Inland Northwest towns.
Read More
KARINA ELIAS

Businesses form 'hello for good' coalition to address homelessness

Group hopes to help reverse alarming trend
February 24, 2022
Karina Elias
A group of Spokane business leaders has formed a coalition to address homelessness in Spokane, attempting to reverse alarming trends outlined in a recent study that indicates the rate of homelessness in Spokane has grown to three times the national
Read More

Self-questioning should precede big changes in life

Understanding motives key to action planning
February 10, 2022
Sarah Carlson
It seems I learn daily about a friend or client who is choosing to make an impactful choice in their lives. This pandemic has brought about a massive wave of people making changes in their careers, quitting or retiring from their jobs, changing homes
Read More

Positive actions needed in times of volatility

Sticking to plan helps avoid foolish decisions in retirement planning
February 10, 2022
Ben Klündt
It is not the good times that define a person, but the tough times and how one chooses to react. The same can be said for the market and how we respond in the bad times. As I write this, we've seen the Nasdaq retreat about 14% year-to-date hitting
Read More
Exbabylon

Equity firm partnership becomes new X factor for Exbabylon

Partnership that comes with equity firm's investment in Exbabylon viewed as way for company to stay relevant
February 10, 2022
Virginia Thomas
Silicon Valley private equity firm Oval Partners has acquired a stake in Newport, Washington-based managed-service provider Exbabylon IT Solutions. In the transaction, which the companies characterize as a partnership, Exbabylon will have access to
Read More

Long-term care insurers return to Washington market after state delays program

Private carriers keep eye on similar programs in several other states
February 10, 2022
Virginia Thomas
A delay in launching a state-run, long-term care insurance program has brought private insurance carriers back into the Washington market. Signed into law last April, the Long-Term Services and Supports Trust Act, also known as the Washington Cares
Read More

Don't become 'house poor' in overheated market

Some seeking to purchase homes might best wait for market to cool down
January 27, 2022
Sarah Carlson
Real estate has been a hot asset class this past year since the demand is more significant than supply. Prices have been going up, up, up. With interest rates still low and lending so easy, it has helped to fuel this hot real estate market.
Read More
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