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Banking & Finance

Spokane-area small businesses look to benefit from CARES Act

Relief slated to be available starting April 3
March 31, 2020
Virginia Thomas
Spokane-area small-business owners are looking into taking advantage of aid offered to them through the CARES Act, says Sheryl McGrath, Spokane-based associate state director of the Washington Small Business Development Center.
Read More

Survey launched by chambers, others shows some businesses are tentative about finances

Regional impact survey is gauging sentiments in current conditions
March 26, 2020
Kevin Blocker
In a new, continuing survey of Spokane-area business owners and operators, 45% say they're 'tentative” about their ability to withstand the economic impact of the current coronavirus pandemic effectively.
Read More

State investigates former financial planner in Spokane

Probe comes on heels of ban issued by federal regulatory authority
March 26, 2020
Kevin Blocker
The Washington State Department of Financial Institutions has opened a formal investigation into a one-time financial planner in Spokane recently banned from working in that capacity.
Read More
Mike McLean

2020 Icons: Phil Kuharski

Longtime economics expert still going by the numbers
March 26, 2020
Mike McLean
Phil Kuharski, the former Fidelity Mutual Savings Bank executive long known as the leading economic authority on the Spokane real estate market, says he's been working with numbers since he was 6 years old.
Read More
Don Morgan

Prioritizing can make multiple savings goals attainable

Three-leg model targets emergency, midrange, retirement objectives
March 12, 2020
Guest Commentary
The sounds of coins clanking into a piggy bank are etched indelibly into our collective consciousness. Putting those pennies, nickels, and dimes into a ceramic sculpture felt good when we were 5 or 6 years old.
Read More

Foundation connections can leverage contributions

Nonprofits help donors strengthen communities through planned giving
March 12, 2020
Guest Commentary
How will you ensure your legacy leaves this community a better place? The legacy that each of us leaves isn't entirely preplanned but written in part through our daily acts of kindness, hard work, and generosity.
Read More

Redirecting gifts can make donors feel betrayed

Study finds contributors' negative reactions linger if contributions diverted
March 12, 2020
Guest Commentary
Americans love donating to charities. Charitable giving continues to grow in popularity as online donation platforms make it easier than ever to give. In 2019, over $500 million was donated online in the U.S. on Giving Tuesday,
Read More

Older investors outnumber young with financial plans

Saving often isn't priority before reaching mid-40s
March 12, 2020
Kevin Blocker
Paul Viren, owner of the financial investing firm Viren & Associates Inc., in downtown Spokane, says two-thirds of his nearly 600 clients are Baby Boomers. The average age among all his firm's clients is 56.
Read More
Natasha Nellis

Spokane's service network tries to do more with less

Organizations continue to face drops in membership
March 12, 2020
Natasha Nellis
Service organizations long have been a staple in the Spokane community, and despite dwindling membership numbers, they are still hard at work giving back to the community, with well over $500,000 in donations given in 2019.
Read More

What to do before saying 'I Do'

Address options such as joint accounts, prenups
March 12, 2020
Virginia Thomas
A wedding is typically a happy event, but what comes afterward can be anything but pleasant, if the newlyweds haven't planned how - or whether - to integrate their financial lives.
Read More
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