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Banking & Finance

Spokane economist named to state Community Economic Revitalization Board

Ocasio Hochheimer to serve three-year term with revitalization entity
October 24, 2019
Virginia Thomas
Spokane economist Vange Ocasio Hochheimer has been appointed to the Washington state Department of Commerce Community Economic Revitalization Board. Her three-year volunteer term began Sept. 3.
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—Kevin Blocker

Innovia launches initiative to keep more wealth in Inland Northwest

Big generational transfer expected in next decade
October 24, 2019
Kevin Blocker
Recognizing the chance to seize on an 'unprecedented opportunity,” leadership at the Innovia Foundation, which oversees targeted endowments, local grants, and scholarships, has started an awareness campaign across the 20-county region it serves.
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—Kevin Blocker

Baby boomers face decision of a generation

Spokane area, longtime business owners look to sell, shutter as careers wind down
October 24, 2019
Kevin Blocker
Ronald Brown plans to travel and do more photography after he finishes selling off inventory at Brown Building Materials, the East Spokane surplus store he's operated since the late 1980s.
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Remitly opens Spokane office

International money transfer company cites talent pool here
October 16, 2019
Mike McLean
Remitly, a Seattle-based international money transfer company that claims to serve nearly 2 million customers, has opened a Spokane office in the Bennett Block building, at 503 W. Main downtown. The company transfers more than $6 billion annually for c
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AristaPoint establishes office in Spokane

Specialty insurance agency plans to double staffing
October 10, 2019
Natasha Nellis
Kirkland, Washington-based AristaPoint, an insurance agency and private group market administrator, has opened a new Spokane office in the historic Flour Mill, at 621 W. Mallon, says CEO Patrick Chestnut. The new office will include full-time consulting
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Deposits rise for most banks with branches in Spokane area

Washington Trust garners highest market share for 10th consecutive year
September 26, 2019
Virginia Thomas
Deposits at bank branches in the Spokane area grew by 1.7% in the 2019 fiscal year, according to a new report from the Federal Deposit Insurance Corp.
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2019 Rising Stars James Krejci

VP builds connections through podcast series
September 12, 2019
Sandra Hosking
It's not just about the numbers for banker James Krejci. It's about the relationships. 'You have to be able to manage the interaction with customers and the people side of it, but in order to do it very well, you have to understand the numbers side
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Green Gables Photography

Q&A with Canopy Credit Union CEO Charlotte Nemec

~
September 12, 2019
Virginia Thomas
Canopy Credit Union - formerly Spokane Federal Credit Union - has seen some changes in the past year. Last summer, Charlotte Nemec became the Spokane-based credit union's president and CEO. Around that time, the credit union announced it was
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HomeStreet Bank sells three of its Spokane, Coeur d'Alene offices to HomeBridge

HomeBridge Financial buys Spokane ops as part of larger transaction
September 12, 2019
Virginia Thomas
New Jersey-based mortgage lender HomeBridge Financial Services Inc. has acquired three HomeStreet Bank standalone home loan centers in the Spokane-Coeur d'Alene area as part of a larger transaction. In all, HomeBridge acquired 72 standalone home loan
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2019 Rising Stars: Rosemary Warnick

Owner works with investors to 'make Spokane better'
September 12, 2019
Mike McLean
Rosemary Warnick, owner and president of Premier 1031 Inc., says she became a business owner almost by necessity, after her mentor died, leaving a void in service providers for Spokane-area commercial real estate transactions known as 1031 exchanges.
Read More
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