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Banking & Finance

—Mike McLean

Father-son financial planners embrace tech tools

Longtime company here serves about 400 clients
June 22, 2017
Mike McLean
Financial planner Ted Demars founded what would become family-run Demars Financial Group LLC here in 1973, when he was still doing mostly insurance work, and the handheld electronic calculator was just coming onto the scene. Though such calculators initi
Read More
—Kevin Blocker

Spokane City Credit Union locks in on customer service

Longtime, small organization restructures its mortgage originations
June 22, 2017
Gene Fitzpatrick, who now approaches the first full year of his tenure as president and CEO of Spokane City Credit Union, says that since he took over, the institution's focus has been on improving service for its existing customers rather than recruiti
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—Leann Bjerken

Combating elder fraud

Edward D. Jones group focuses on seniors, retirement issues in D.C. trip
June 22, 2017
LeAnn Bjerken
With cases of elder financial fraud on the rise, Edward D. Jones & Co., one of the nation's leading suppliers of financial services for individual investors, sent 85 employee volunteers to Washington, D.C., last month to meet with legislators to discuss
Read More

Looming fiduciary rule could create 'black swan' event

Asset selloffs could spur market disruptions soon
June 22, 2017
Guest Writer
When it comes to financial planning and preparing for the future, many people have the instinct to bury their heads in the sand to avoid the monetary realities of the future. According to a recent retirement study published by Financial Engines Inc., ju
Read More

Poll results, economic performance are diverging

Positive sentiment doesn't lead to immediate action
June 22, 2017
Steve Scranton
Since the end of the U.S. elections last November, survey measurements of how people feel about the economy and their personal situations have risen dramatically. The Conference Board Consumer Confidence Index increased from a reading of 100.8 as of Oct
Read More

When making investment strategy, know thyself

Personality traits can help, hinder success in market
June 22, 2017
Michael Maehl
Being aware of trends and the successful identification of investment opportunities are quite small considerations in being a successful investor. Trial and error as you learn the ins and outs of the financial markets, along with really knowing your pers
Read More

Teaching financial literacy should become priority

Lessons could help avoid 'school of hard knocks'
June 22, 2017
Rick Biel
In my life, I have often commented to myself, 'I wish someone would have told me that when I was young.”  There are many things now, at the age of 55, that I wish I had known when I was a young man. In particular, I wish someone would have taught me
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—Bernardo|Wills Architects PC

Numerica Credit Union remodels space at its Valley headquarters

Business services to move into previously unused area
June 8, 2017
LeAnn Bjerken
Numerica Credit Union has begun construction on a $2.6 million remodel of vacant space at its Spokane Valley headquarters, at 14610 E. Sprague. As the Journal reported earlier, the project is meant to accommodate growth in the credit union's business
Read More

BECU branch to anchor planned retail center

Newport Highway project to be finished this summer
June 8, 2017
Boeing Employees Credit Union will serve as the anchor tenant in a new retail building currently under construction north of Spokane, says project architect Russ Page, of Spokane-based Russell C. Page Architects PS. 'Citadel Construction is the general
Read More

Balboa Capital opens office in Spokane

California lender takes space in Kendall Yards
May 25, 2017
Costa Mesa, Calif.-based Balboa Capital Corp. has opened an office on the lower level of The Inlander newspaper building, at 1227 W. Summit Parkway, in the Kendall Yards development west of downtown Spokane. Balboa Capital is a technology-centered financ
Read More
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