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Home » Authors » Richard Ripley

Articles by Richard Ripley

Wheatland Bank sends up shoots

CEO applies bushel of ideas at sleepy little institution, which branches out rapidly
February 26, 1997
Richard Ripley
A dew-covered sprig of wheat reaches for the sun on Wheatland Banks recently released annual report, which proclaims the seeds are planted.The message is on the money, for Wheatland has put up a number of promising new seedlings, more than
Read More

EnronÂ’s fallout hits Avista

Houston giantÂ’s filing under Chapter 11 puts contracts into default
February 26, 1997
Richard Ripley
Some of the shock waves that have rolled out in virtually every direction from Enron Corp. since it filed for protection from creditors Dec. 2 are being felt here at Avista Corp.Enrons bankruptcy filing constituted a default under contracts of
Read More

AmericanWest set to expand

Bank building spree to include four new locations this year, downtown move in 2003
February 26, 1997
Richard Ripley
AmericanWest Bank, of Spokane, plans to open four new facilities in the Spokane area and North Idaho this year and hopes to move its downtown-Spokane branch next year into a sizable new building that it says developers are planning to construct in
Read More

Sterling eyes regional status

Gilkey says institution is in running to become big Northwest player like ONB, Seafirst were
February 26, 1997
Richard Ripley
For the last several years, Sterling Savings Bank has reminded investors repeatedly that its transforming itself into a community bank and moving away from its roots as a savings and loan association.Now, the big Spokane institution is its the
Read More

Coeur sinks its pick into better diggings

South American deposits seen as type of properties company needs in future
February 26, 1997
Richard Ripley
After years of battling dwindling precious-metals prices, dimming U.S. exploration prospects, and a decline in its own share price, Coeur dAlene Mines Corp. might have unearthed richer diggings.The company says that two mineral deposits in the
Read More

Business-plan draft due on biodiesel plant

Group will know more in 90 days on effort to build alternative-fuel facility here
February 26, 1997
Richard Ripley
The group thats investigating building a biodiesel-processing plant here says it expects to have completed a draft business plan for the project in 90 days and hopes construction will start on the facility in early 2003.While the group has no
Read More

EDC says its prospects include potential plums

Recruitment agency claims not to have seen downturn in interest it had projected
February 26, 1997
Richard Ripley
Most businesspeople here would welcome a new insurance operation that employed 1,000 people, a communications company that hired 500, or an accounting and back-office operation that provided 450 jobs.Such active prospects are looking at the
Read More

Sterling opens banking center in Portland

At downtown metro office, Spokane institution seeks small to mid-sized clients
February 26, 1997
Richard Ripley
Sterling Savings Bank, of Spokane, has opened a corporate banking center in downtown Portland to seek business from small to mid-sized companies there.Sterling says the center offers a wide array of corporate banking services, as well as an
Read More

Avista says power supply is adequate

February 26, 1997
Richard Ripley
With the regional energy supply improving, Avista Utilities says it should have adequate power to serve its customers this winter.Dick Storro, the Spokane utilitys manager of wholesale marketing, says hes comfortable with the companys on a
Read More

New marketing company plans regional presence

Aris Marketing expects to employ 40 people in Spokane, 80 overall
February 26, 1997
Richard Ripley
A newly formed Spokane company has opened a marketing and distribution operation here and plans to open three more such operations here, in the Tri-Cities, and in the Seattle area. The company, Aris Marketing Inc., expects to employ a total of 80 a
Read More
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