Banking & Finance

Haven Real Estate Group owners start new mortgage company

Real estate firm, new lender located downtown

July 1, 2021

Spokane-based Haven Real Estate Group LLC debuted a new affiliate-Haven Mortgage Group LLC-in mid-June. Co-founded by the husband-and-wife duo Robert and Cambria Henry, Haven Real Estate was launched in 2015 and now has eight full-time employees and

Economy endures its sharpest, shortest recession

Full return forecast in mid-year outlook

June 17, 2021

Shawn Narancich

The U.S. economy is back in business after enduring its sharpest and shortest recession ever. Zero percent interest rates at the Federal Reserve, multiple government stimulus payments, business subsidies, and generous unemployment benefits all helped

Compound interest on investments can beat inflation

Savings build buffer for future price hikes

June 17, 2021

Dave Gordon

Being an adviser since 2006, I've had my fair share of questions regarding 'why invest?â€ I've undoubtedly shown clients those charts of compounding returns over time with the S&P turning $10k into $20k, and then how, with a little help

Conditions might be aligned for persistent inflation

Influx of money chasing fewer items helps feed rise in consumer prices

June 17, 2021

Sarah Carlson

Are you shocked every time you go to the store and buy groceries and see how the price of basic items keeps going up week after week? If inflation makes you nervous, you are not alone.

Small business owners regain their confidence

Banker offers advice for journey to recovery

June 17, 2021

Kurt Walsdorf

Small business owners in Spokane and across the country are slowly but surely regaining their footing after a uniquely challenging year. In fact, Spokane County's job market is continuing to recover, with its April 2021 unemployment rate dropping

Creating opportunities for female credit union CEOs

SMFCU's Keesee helps to launch industry group

June 17, 2021

Virginia Thomas

In February, Spokane Media Federal Credit Union President and CEO Debie Keesee became one of 13 founders of a group that provides support for female leaders of small-asset credit unions.

Exio business brokerage eyes Spokane businesses for next big boom

Brokerage expects 2021 to be strongest year yet

June 17, 2021

Natasha Nellis

Baby boomers looking to sell their businesses have created a hot market for those looking to acquire companies, and a Coeur d'Alene-based brokerage claims it's positioned well to handle that heat.

Inland Northwest banks, credit unions keep branching out

Despite rise in electronic transactions, financial institutions invest in brick-and-mortar locations

June 17, 2021

Kevin Blocker

Last month, Richland, Washington-based Gesa Credit Union opened a new branch in Spokane Valley located at 13506 E. 32nd. Meanwhile, Numerica Credit Union of Spokane Valley is about two months into a complete overhaul of a branch located at 303 E. Lyons

Gilberts to leave University District

Organization's CEO accepts new role with Numerica CU

June 7, 2021

Linn Parish

University District Development Association CEO Lars Gilberts plans to step down by the end of the month to become assistant vice president of community development and impact at Numerica Credit Union.

Parting Thoughts with PrimeSource Credit Union's Margaret Osborn

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June 3, 2021

Virginia Thomas

Margaret Osborn went straight into the credit union industry after graduating from Rogers High School. She discovered a desire to lead a credit union, and in 2001, she achieved that goal when she became CEO at Telco Credit Union, now PrimeSource Credit