Spokane Journal of Business

Local News > Finance

Inland Northwest composite declines

Hart Capital Management Inc., of Spokane, says the composite value of the nine Inland Northwest-based publicly traded companies decreased to $12.1 billion in the recently completed second quarter of 2018. The decline marks a $539.4 million, or 4.3 percen...

Spokane-based Moss Adams principal selected to lead national practice

Seattle-based national accounting firm Moss Adams LLP, which has an office here, has named Spokane partner Craig Sanders as the national leader of the firm’s financial services consulting practice, which covers all 50 states. The financial services con...

BECU plans to open its first home loan center in Spokane Valley

Boeing Employee Credit Union plans to open a home loan center in a single-story building it’s remodeling at 12111 E. Mission, says Bethany Hawley, spokesman for the Tukwilla, Wash-based credit union. Hawley says BECU plans an August opening for the hom...

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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...

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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...

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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...

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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 ...

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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...

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