Banking & Finance

Inland Northwest banks report net profits

Most announce increase in quarterly net income

August 15, 2019

Banks with branches in the Spokane area report operating in the black during this year's second quarter, according to their earnings releases.

Insurance association looks to expand its reach in INW

NAIFA to begin offering classes in Spokane area next month, reps say

August 15, 2019

Sandra Hosking

The Eastern Washington regional chapter of the National Association of Insurance Financial Advisors is seeking to increase membership and plans to offer continuing education courses beginning this fall.

Middle market companies are bullish

Despite trade, automation fears, most plan for growth

August 15, 2019

Virginia Thomas

While companies are grappling with the effects of the current U.S.-China trade disputes-and many are concerned about automation and its effect on the workforce-most companies are feeling optimistic about the future, according to Umpqua Bank's

Spokane County diversifies investments

Treasurer's office invests in corporate securities under Baumgartner

August 15, 2019

Natasha Nellis

The Spokane County Treasurer's Office is shaking up its investment portfolio with its first foray into corporate and international bonds in a strategic move to diversify the Spokane Public Investment Pool.

Seachange at Spokane's City Hall

CFO Cooley to retire around turn of the year

August 15, 2019

Kevin Blocker

City of Spokane officials and its chief financial officer, Gavin Cooley, have some things to consider in the coming months. Cooley, 61, will think about what to do after he retires at late this year or early in 2020

STCU expands senior leadership team

Credit union seeks to fill two more officer roles

July 18, 2019

Virginia Thomas

Spokane Teachers Credit Union has expanded its senior leadership from seven to 13 positions, including four employees who have been promoted to newly-created vice president roles.

Bankruptcy filings declines in Eastern Washington, for time being

Experts, data suggest increase on horizon

July 3, 2019

LeAnn Bjerken

Bankruptcy filings in Eastern Washington and North Idaho have been declining for nine consecutive years but may be set to increase by the end of this year, some attorneys who monitor such filings here say.

Executive pay declines in the Inland Northwest

Public companies' C-suite compensation falls by double digits

July 3, 2019

Linn Parish

Total compensation sustained a double-digit drop for executives at Inland Northwest-based publicly-traded companies in 2018, according to a Journal of Business analysis.

For late retirement savers, best time to start is now

Several options available for income strategies beyond Social Security

June 20, 2019

Rick Biel

Not long ago, I was driving with my son. As I flipped through the radio stations, he noticed that I only listened to music from the '70s and the '80s. He asked me why I didn't listen to music from the '90s. I explained to him that during the '70

Mountain America Credit Union enters North Idaho market

Utah-based orginization opens branch in Post Falls

June 20, 2019

LeAnn Bjerken

Mountain America Credit Union has taken its first step to expand into the Inland Northwest. The Sandy, Utah-headquartered credit union now has a total of 14 branches in Idaho, having just opened its first North Idaho branch in Post Falls early this month