Spokane Journal of Business

Local News > Finance

Five business lessons learned in 40 years of banking

This year, Washington Trust Bank celebrates its 120th anniversary, and 2022 also marks my 40th year at Washington Trust—an achievement that has offered many lessons in banking, business, and community along the way....

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Building blocked: Construction costs hinder financing

Some lenders here say they’re working around challenges to finance commercial construction ...

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A trend of interest: Businesses, lender confront rising rates for first time in years

Federal interest rates are expected to rise continually, and inflation pressure could ease slightly...

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Idaho bank, credit union expand into Spokane

Two southeastern Idaho-based financial institutions have moved into the Spokane area in quick ...

Facing market fears starts with admitting they exist

Are you fearful of looking at your financial statements this month? You are not alone....

Investors needn’t live in fear of potential recession

“The stock market has predicted nine of the last five recessions.” —Paul Samuelson, Keynesian economist Regarding the realities of recessions, while they are inevitable, they aren’t something investors ...

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RESCU sees membership grow during pandemic

When calling Responders Emergency Services Credit Union, or RESCU, located at 924 W. Sinto, it is likely that the financial institution’s CEO, Joyce Lockard, will answer the phone. Lockard says that it’s the credit union’s personal touch that ...

Economy forecasted to bend, not break, this year

For the first time in more than two decades, the Dow Jones Industrial Average declined for eight consecutive weeks into late May, the longest since 1932. Similarly, the S&P 500 and NASDAQ dropped for seven straight weeks — the first time since 2011 ...

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Meet & Greet with Idaho Central Credit Union’s Manny Hochheimer

Manny Hochheimer has stepped into a new role as the assistant vice president of Washington branches at Idaho Central Credit Union after a decade with Numerica Credit Union and over 20 years in the financial services industry. In his new position, Hochhei...

HMA CPA to move to larger space in downtown Spokane

Spokane accounting firm HMA CPA PS plans to move elsewhere downtown later this year. HMA shareholder Kevin Sell says the company has signed a 10-year lease on the 10,000-square-foot 10th floor of the 18-story building at 601 W. First, and plans to move ...

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