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Banking & Finance

Fulcrum Financial office building rises on South Hill

Larger space will enable firm to grow, says owner
October 11, 2018
Samantha Peone
Construction is underway on a 3,000-square-foot building at 1216 S. Grand Blvd., on Spokane's South Hill, that will be the new headquarters for Fulcrum Financial Group LLC, says Sarah Lynn Carlson, the company's owner.
Read More
—Natasha Nellis

2018 Rising Stars: Christopher Malde

Early experience with East Coast hedge fund shapes career path
September 13, 2018
Mike McLean
After having begun his professional career in Seattle and on the East Coast, Christopher Malde, owner of Malde Capital Management LLC, says living in Spokane is a dream come true. Malde, 36, grew up in Ellensburg, Wash., and attended Washington State
Read More
—LeAnn Bjerken

Know your credit score facts, myths

Many confused about what helps, hinders their ratings
August 16, 2018
LeAnn Bjerken
Most of us know there are times in life when you'll need things that can only be purchased using credit, including buying a new car, a first home, and paying for college. We also understand that in those situations, before lenders will give you that
Read More
—Samantha Peone

RiverBank sets course for continued rebound

Institution aims to exceed total assets of $225 million in next five to seven years
August 16, 2018
Samantha Peone
Spokane-based RiverBank plans to grow its assets by 8 percent to 14 percent a year during the next five to seven years to reach total assets exceeding $225 million, says bank CEO Dan Byrne. The goal aligns with RiverBank's climb from a recession
Read More
—Virginia Thomas

A vision for Spokane Federal Credit Union

Nemec to lead organization's first foray into Spokane Valley
August 16, 2018
Virginia Thomas
Charlotte Nemec has been president and CEO of Spokane Federal Credit Union for about a month and says she already has big plans for the financial cooperative. Some of those plans include opening a new branch in Spokane Valley, increasing efforts to
Read More

Getting financial advice for your parents

Adviser offers ideas to help people approach parents for financial second opinion
August 2, 2018
Ben Klündt
There are many talks that your parents get to have with you, and I'm sure that in this day and age, many parents have Googled 'when is the right time to talk to your kids about … .” In reality, I get many adult children who come to me saying they
Read More
—Virginia Thomas

Valley concern helps widows find independence

Widows Might nonprofit offers resources, guidance
August 2, 2018
Virginia Thomas
Twenty years ago, Wes Teterud and his wife, Adrienne, started Widows Might in the basement of a local church, with the goal of the Spokane Valley nonprofit to provide guidance and resources on practical matters for widows who might not have support from
Read More

Spokane-based Moss Adams principal selected to lead national practice

Former Contineo owner heads financial services consulting division now
July 19, 2018
Samantha Peone
Seattle-based national accounting firm Moss Adams LLP, which has an office here, has named Spokane partner Craig Sanders as the national leader of the firm's financial services consulting practice, which covers all 50 states. The financial services con
Read More

Inland Northwest composite declines

Five of nine companies saw gains in market cap
July 19, 2018
LeAnn Bjerken
Hart Capital Management Inc., of Spokane, says the composite value of the nine Inland Northwest-based publicly traded companies decreased to $12.1 billion in the recently completed second quarter of 2018. The decline marks a $539.4 million, or 4.3 percen
Read More
—LeAnn Bjerken

Donor-advised funds see increased popularity

Tax law changes impact charitable-giving choices
July 19, 2018
LeAnn Bjerken
Financial advisers here say that since the implementation of the Tax Cuts and Jobs Act earlier this year, taxpayers have become more conscious of the various methods of charitable giving as they look to maximize their 2018 returns. As has been previously
Read More
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