Spokane Journal of Business

Local News > Finance

Set goals when mulling spending in retirement

Retirement, per se, is still a relatively new phenomenon. Not all that long ago, people pretty much worked until they died. Retirement, as a definite period of your lifetime, is something that only really came into being starting in the 1970s in the U.S. ...

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Inland Northwest executive pay rebounds

Total compensation rebounded last year for executives at Inland Northwest-based publicly traded companies, according to the annual analysis conducted by the Journal of Business. Average annual total compensation in 2016 for 41 executives from the eight p...

Northwest Farm Credit issues mostly upbeat forecast

Despite delays due to a wet spring, this season’s outlook is positive for most of the Northwest’s food and agricultural industries, says Spokane-based agricultural lender Northwest Farm Credit Services in its latest report. “We’re cautiously opti...

Gesa opens Spokane Valley branch

Richland-based Gesa Credit Union has opened a Spokane Valley branch in the Banner Center retail plaza at 509 N. Sullivan. The branch occupies the old 2,200-square-foot site of a Banner Bank branch, which closed after the Walla Walla-based bank merged wit...

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Combating elder fraud

With cases of elder financial fraud on the rise, Edward D. Jones & Co., one of the nation’s leading suppliers of financial services for individual investors, sent 85 employee volunteers to Washington, D.C., last month to meet with legislators to discuss...

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Spokane City Credit Union locks in on customer service

Gene Fitzpatrick, who now approaches the first full year of his tenure as president and CEO of Spokane City Credit Union, says that since he took over, the institution’s focus has been on improving service for its existing customers rather than recruiti...

Teaching financial literacy should become priority

In my life, I have often commented to myself, “I wish someone would have told me that when I was young.”  There are many things now, at the age of 55, that I wish I had known when I was a young man. In particular, I wish someone would have taught me...

When making investment strategy, know thyself

Being aware of trends and the successful identification of investment opportunities are quite small considerations in being a successful investor. Trial and error as you learn the ins and outs of the financial markets, along with really knowing your pers...

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Father-son financial planners embrace tech tools

Financial planner Ted Demars founded what would become family-run Demars Financial Group LLC here in 1973, when he was still doing mostly insurance work, and the handheld electronic calculator was just coming onto the scene. Though such calculators initi...

Poll results, economic performance are diverging

Since the end of the U.S. elections last November, survey measurements of how people feel about the economy and their personal situations have risen dramatically. The Conference Board Consumer Confidence Index increased from a reading of 100.8 as of Oct...

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