Spokane Journal of Business

Local News > Finance

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Financial planning for caregivers

According to the Danbury, Conn.-based National Organization for Rare Disorders, 30 million Americans—about 1 in 10—live with a rare disease, which is a disease that affects fewer than 200,000 people. There are about 7,000 known rare diseases, NORD say...

The good, bad, ugly about donating under new rules

The new Tax Cuts and Jobs Act takes effect this year, and Americans are hard at work deciphering what the changes mean. One goal of the new tax law was to simplify filing for more taxpayers. Consequently, the standard deduction has nearly doubled, elimina...

Most of old Ridpath Annex to be demolished

Washington Trust Bank, which owns the former Executive Court building at 501 W. First downtown, plans to remove the second through fifth stories of the five-story structure, says Katy Wagnon, spokeswoman for the Spokane-based bank. Construction begins on...

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HomeStreet’s new home in downtown Spokane

Following the launch of commercial lending services here barely two years ago, Seattle-based HomeStreet Bank recently opened its first retail branch in Spokane, where it has consolidated both its commercial and retail services, says Steve Storey, senior v...

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Demand for HELOCs strong in Spokane despite rising rates

Despite rising interest rates, applications for home equity loans, such as home equity lines of credit, have remained consistent and even increased some throughout the past year, some Spokane-area lending experts say. David Flood, chief lending officer a...

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Chimney Rock Mortgage strives to keep lending local

Despite potential challenges posed by recent upticks in interest rates, Mike Hogan, loan officer and branch manager for Spokane-based Chimney Rock Mortgage LLC, says he believes there are still opportunities for growth in Spokane’s home lending markets....

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Mind to Market: Filling a startup funding gap in Spokane

A handful of Spokane-area investors, including a mix of organizations and individuals, has developed Mind to Market LLC to invest in early-stage startups—and to fill a gap in the region’s entrepreneurial ecosystem. Steve Trabun, Avista Corp.’s reg...

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Randall & Hurley acquires Montana firm

Spokane-based retirement administration services company Randall & Hurley Inc. has purchased another retirement plan administrator, Helena, Mont.-based Employee Benefit Resources, says Lynn Hurley, president of Randall & Hurley. With the acquisition, fin...

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How angel investors earn their wings

In recent years, Spokane has seen a handful of local startup companies grow into successful ventures resulting in benefits for both their founding entrepreneurs as well as early investors. Those who follow news of startup successes may have wondered wh...

Global Credit Union shuts its two offices in Tri-Cities

Spokane-based Global Credit Union has closed two Tri-Cities branches and a home loan center there. The credit union shuttered in-store branches at the Pasco and Kennewick Yoke’s Fresh Market supermarkets on Jan. 31. Global Credit Union’s 1,600 T...

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