Spokane Journal of Business

Local News > Finance

Junior Achievement gears up for JA Finance Park

Nonprofit youth organization Junior Achievement Eastern Washington/North Idaho will partner with Spokane Public Schools in presenting middle school students with a day of hands-on experience with financial challenges they’ll likely face as adults. This...

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BECU’s eastward expansion

Barely a year after establishing its first retail presence in the Spokane area, Boeing Employees Credit Union plans to expand its reach here. BECU, the largest credit union in Washington state and the fourth largest nationwide, with nearly $12 billion in...

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The learning curve for STCU’s Ezra Eckhardt

Ezra Eckhardt might not be assuming the role of president and CEO of Liberty Lake-based STCU until Jan. 1, but he’s already hit the ground running visiting branches and learning all about the organization he’ll soon lead. In an interview just a week...

Idaho Independent Bank prepares for transition

While its customers might not realize any difference in services or policy, Coeur d’Alene-based Idaho Independent Bank will face a big change come New Year’s Day. On Jan. 1, Kurt Gustavel, 48, will take over the leadership of IIB from his father, Jac...

Despite popularity, robo-advisers can miss big picture

Automation and the transition to digital solutions are affecting more and more industries, and financial services are no exception. Over the past few years, tech-savvy consumers increasingly have embraced financial-technology investment tools to save tim...

Emotions can lead to loss aversion or overconfidence in investing

Economist Richard Thaler was awarded the 2017 Nobel Prize in the field of economics for his contributions to behavioral economics. According to the Nobel committee, Thaler has “incorporated psychologically realistic assumptions into analyses of economi...

Don’t procrastinate when acquiring life insurance

With life insurance, there are no “do overs.” You have to make it count the first time. You can’t buy more after you die. With that in mind, have you ever wondered what the maximum amount of life insurance is that you can buy to protect your loved...

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Financial planning for parents-to-be has many facets

While most people agree the decision to start a family is one of life’s biggest adventures, it also comes with a hefty price tag, one that financial advisers here say parents-to-be should try to be proactive in planning for. “Whenever you’re facing...

Commercial banking still requires human touch

It should come as no surprise in the age of rapidly changing and emerging technologies, where cars can drive themselves and food delivery is available at our fingertips, that a majority of our banking services take place on our mobile devices. According ...

Inland Northwest composite increases

Hart Capital Management Inc., of Spokane, says the composite value of the nine publicly traded Inland Northwest companies increased to $12.2 billion in the recently completed third quarter, an increase of $1.1 billion, or 9.7 percent, from the previous qu...

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