Spokane Journal of Business

Local News > Finance

1

HELOCs grow in popularity in the Spokane area

Some lending and real estate experts here say that Spokane-area homeowners are pursuing home equity lines of credit, or HELOCs, at rates that mirror the flourishing housing market. “I think definitely over the past 12 months, the HELOC product has beco...

1

Alexa, show me the money

Amazon’s Alexa, a popular virtual assistant that you may already have sitting on a nearby desk or shelf, is soon to be the newest employee, figuratively speaking, at Spokane-area financial institutions. At least two area credit unions—Numerica Cred...

1

Inflation significance varies with individuals

The topic of inflation has begun to receive more attention from the media, economists, policy makers, and the Federal Reserve. The reason for this heightened interest is that the official measure of inflation is approaching the Federal Reserve’s target ...

Adviser: Most investors will do best with basics

Vince Lombardi is recognized as the greatest football coach of all time. In fact, the Super Bowl trophy is named after him. He was hired as the head coach of the Green Bay Packers in 1959. After two years of incredible improvement, his team was poised to...

1

Inland Capital grows lending pool to $21 million

After opening a new private equity fund, Inland Capital Fund A, just under one year ago, Spokane-based private money lender Inland Capital LLC has raised $10.5 million for the fund, says Aaron Cunningham, CEO and co-founder of the company. An additional ...

1

SRM Development secures $20 million in private capital

SRM Development LLC, a Spokane-based development company, has secured $20 million in capital through a private placement with investors. The developer, which focuses on senior housing, multifamily housing, and commercial buildings, will use SRM Senior Ho...

STCU plans new home loan center in Spokane Valley

Spokane Teachers Credit Union plans to open a home loan center in a single-story building it’s remodeling at 9207 E. Mission, in Spokane Valley, says Dan Hansen, spokesman for the Liberty Lake-based credit union. Although plans are preliminary, STCU ho...

Northwest Farm Credit posts increase in earnings

Northwest Farm Credit Services, the Spokane-based agricultural lending cooperative, has reported first-quarter net income of $74.8 million, up from $65.4 million in the year-earlier quarter. The cooperative also posted a 2 percent increase in total capit...

PotlatchDeltic merger lifts Hart Capital composite

Thanks to the merger between Potlatch Corp. and Deltic Timber Corp. that was completed on Feb. 20, the composite value of the nine Inland Northwest-based publicly traded companies rose to $12.7 billion in the recently completed first quarter of 2018. T...

1

Idaho Central Credit Union to build second facility in Cd’A

Construction is underway on a new, $8.6 million Idaho Central Credit Union office to be located at 1327 W. Appleway, in Coeur d’Alene, says Michael Wolsten, ICCU’s assistant vice president of North Idaho operations. The three-story building will have...

Sign up for our E-mail updates

including the
Morning Edition

Join our list