Wheatland Bank, of Spokane, says it has entered into a partnership with Sunnyvale, Calif.-based IronKey Inc. that will enable it to provide added protection to its business customers and safeguard their accounts from financial malware attacks.It
Earnings have increased for 10 straight quarters; loan-loss provisions drop
March 29, 2012
Commercial banks and savings institutions insured by the Federal Deposit Insurance Corp. reported an aggregate profit of $26.3 billion in the fourth quarter of 2011, a $4.9 billion improvement from the $21.4 billion in net income the industry in of
Despite the two-year-old federal legislation to protect young consumers, college-age adults remain easy prey for credit card companies, which have moved off campus and onto Facebook. A recent analysis by University of South Carolina law Eboni a
All consumer loan types saw a decline in default rates for a second consecutive month in February, according to new data released earlier this month. The information was compiled by S&P Indices and Experian for the S&P/Experian Consumer Credit a
Group aims to improve targeted demographic's access to financial services
March 29, 2012
Bank On Spokane, a consortium of seven Inland Northwest banks and credit unions and a number of area nonprofit organizations, has formed here to promote financial literacy and to provide low- and moderate-income residents with better access to fair
Columbia Banking System Inc., the Tacoma, Wash.-based parent of Columbia Bank, has reported an 86 percent increase in its net income in 2011, compared with 2010, attributing the surge to three acquisitions and organic growth.The bank company net
A new national study suggests that adults who receive an inheritance save only about half of what they receive, while spending, donating, or losing the rest.The results are good news for retailers, restaurant owners, and people in the service it
While some commercial lenders here remain more guarded toward prospective borrowers in this challenging economic climate, one Spokane-area business owner recently opted to use a less-traditional route to secure a loan from a lender here for a he in
Glacier Bancorp Inc., the Kalispell, Mont.-based holding company with 11 bank subsidiaries, including Coeur d'Alene-based Mountain West Bank, has reported 2011 net income of $17.5 million, or 24 cents a diluted share, down from $42.3 million, or 61
Spokane Valley-based Numerica Credit Union saw noticeable growth last year in several areas, including a nearly 35 percent jump in earnings.The credit union reported net income of $15.3 million in 2011, up from $11.4 million in 2010and a a