Spokane Journal of Business

Local News > Finance

BECU branch to anchor planned retail center

Boeing Employees Credit Union will serve as the anchor tenant in a new retail building currently under construction north of Spokane, says project architect Russ Page, of Spokane-based Russell C. Page Architects PS. “Citadel Construction is the general...

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Numerica Credit Union remodels space at its Valley headquarters

Numerica Credit Union has begun construction on a $2.6 million remodel of vacant space at its Spokane Valley headquarters, at 14610 E. Sprague. As the Journal reported earlier, the project is meant to accommodate growth in the credit union’s business ...

Balboa Capital opens office in Spokane

Costa Mesa, Calif.-based Balboa Capital Corp. has opened an office on the lower level of The Inlander newspaper building, at 1227 W. Summit Parkway, in the Kendall Yards development west of downtown Spokane. Balboa Capital is a technology-centered financ...

Inland Northwest stock composite sees small dip

Hart Capital Management Inc., of Spokane, says the composite value of the 10 publicly traded Inland Northwest companies dipped slightly to $10.8 billion in the first quarter of 2017, a decrease of $79 million, or 2 percent, from the previous quarter. The...

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Women face unique challenges in retirement planning

In preparing for retirement, women face some particular challenges that men don’t, which is why experts here say it’s still important to follow the old standby advice: Start planning and saving early. “We really do our daughters and granddaughters...

Strategizing for retirement as lifespans grow longer

Making the transition from earning money to spending money when you first stop working is tricky, especially if you’re healthy and eager to enjoy all that new free time. The nice thing about work is that it keeps you from spending money. Remember, retir...

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Cheney credit union develops West Plains branch

Cheney Federal Credit Union has started construction on its second branch, which will be located at the south corner of Westbow Boulevard and Aero Road, near the Interstate 90-Medical Lake interchange, says JoAn Sanders, CEO of the credit union. The 2,70...

Wheatland Bank expands its mortgage division

Spokane-based Wheatland Bank has expanded its mortgage division downtown. The home loan division, led by Troy Sims, senior vice president and director of residential lending services, has a team of 15, including six residential lenders and support staff,...

Riding the cycles: Monitor rates, stay diversified

Currently, we’re trading near the all-time highs of the U.S. stock market, while the bond market continues near its all-time lows. This cyclicality aspect of the markets is leading many to conclude that the time may be coming near for them to trade plac...

Fiduciary rule discussion raising expectations

Last year, the Department of Labor issued a new ruling requiring that most financial professionals who provide advice on retirement investments must act as fiduciaries, meaning that they are legally and ethically required to act in the best interest of th...

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