Spokane Journal of Business

Local News > Finance

Michael Maehl: Well-performing stock market met with reluctance

According to the Wall Street Journal, “America’s largest companies are on pace to post two consecutive quarters of double-digit profit growth for the first time since 2011, helped by years of cost-cutting, a weaker dollar, and stronger consumer spendi...

Inland Northwest stock composite bounces back in second quarter

Hart Capital Management Inc., of Spokane, says the composite value of the 10 publicly traded Inland Northwest companies increased to $11.1 billion in the second quarter of 2017, an increase of $248 million, or 2 percent, from the previous quarter. In the...

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Q&A with Washington Trust Bank’s Peter Stanton and Jack Heath: Banking on Spokane

Peter F. Stanton, chairman and CEO of Washington Trust Bank, points out that the bank he leads is the only one still operating out of all of the banks that appeared on the Journal of Business’ first Banks List in the mid-1980s. Founded in 1902, Washi...

World Financial Group relocates its Spokane office

Georgia-based financial services company World Financial Group Inc. is relocating its Spokane office this week from shared office space with Vorpahl Wing Securities, at 421 W. Riverside, to its own space. Dycelia Weiss, one of two financial agents curr...

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...

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