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Banking & Finance

Loan, deposit growth likely to remain strong

-
December 18, 2014
Katie Ross
As the economy continues to recover and interest rates remain flat, financial experts here anticipate solid loan and deposit growth next year.
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Increase your odds of successfully selling your business

Planning ahead, minimizing surprises can help chances
December 4, 2014
Tensie Homan
The majority of business owners plan on using the proceeds from the sale of their business to fund their retirement. However, the 2013 State of Owner Readiness Survey revealed that more than 80 percent of business owners have no formal transition plan.
Read More

Asset-management firm here wins another honor

Palouse Capital strategy recogized as a 'Top Gun'
December 4, 2014
Kim Crompton
Palouse Capital Management Inc., of Spokane, says its Large Cap Value Strategy has earned recognition as a top performer in the PSN Top Guns list, a quarterly ranking of investment managers that's used by institutional asset managers and investors natio
Read More

School Employees Credit Union buys Valley building for branch move

New space closer to big retailers, freeway access
December 4, 2014
Mike McLean
School Employees Credit Union of Washington has bought a building in Spokane Valley and plans to move its lone Eastern Washington branch there from near downtown Spokane, says Sherry Lotze, a spokeswoman for the Seattle-based credit union. The new locati
Read More

Start charitable planning while you're still working

Try to maximize donations during peak earning years
December 4, 2014
Ryan Franklin
Whether you're enjoying your retirement now or you're working hard to inch closer to it, there are a variety of planning questions you're probably thinking about: How much money will I need to retire? Where will my cash flow come from in retirement?
Read More

In the stock market, current trend is our friend

Historic cycles jibe with favorable conditions now
December 4, 2014
Michael Maehl
It was a day on which very little else seemed to happen, but 20 years ago, Dec. 8, 1994, we had the start of the huge bull market run that lasted until 2001.
Read More

FSC Financial Group to rebrand at start of 2015

Firm added third partner at beginning of the year
December 4, 2014
Kim Crompton
FSC Financial Group, an independent financial advising and wealth management firm founded here by Fred S. Cox III and Steve Gray in 1991 and that added a third adviser early this year, says it plans to change its name on Jan. 1 to Premier Partners Wealth
Read More
—Katie Ross

A wealth of growth in Washington Trust unit

Bank's wealth management department handles trusts, investments for its clients
December 4, 2014
Katie Ross
The wealth management and advisory services department of Spokane-based Washington Trust Bank has been experiencing asset and revenue growth of close to 10 percent a year for the last ten years, says Rob Blume, managing director and senior vice president
Read More
—Linn Parish

Purcell Systems co-founder Pete Chase launches financing startup

Ousted city planning head Chesney hired by venture
December 4, 2014
Linn Parish
Veteran Spokane entrepreneur Pete Chase has started a new venture through which he plans to connect foreign investors with multimillion-dollar developments in the U.S., specifically in Washington state. As one of his first moves in starting Columbia Inte
Read More
—Judith Spitzer

Paying off burdensome debt before you retire

Number of retirees with financial obligations soars
December 4, 2014
Judith Spitzer
Spokane-area financial experts say a vast majority of retirees and pre-retirees are increasingly facing retirement with sizable amounts of debt-even student loan debt.
Read More
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