If you've ever had trouble finding your car keys, you understand what economic stimulus is all about.After searching unsuccessfully through every logical nook and cranny of your home, in desperation you begin to cast your eyes anywhere and You a
Spokane Valley-based State Bank Northwest's net income jumped to $652,000 last year, up 17 percent from $556,000 in 2007, while its loans, deposits, and assets all grew by double-digit percentages, according to year-end financial documents it has a
Internet matchmaking trend offers alternative, but understand the risks
March 26, 2009
It sounds like a marriage made in heaven. On one side, there are people who are struggling with debt who can't qualify for lower rates from conventional lenders or credit card companies. On the other, are folks with money to invest who might like a
Horizon Credit Union reported a 23.5 percent dip in net income for 2008, but posted gains in deposits, loans, and total assets.The Spokane-based credit union reported 2008 net income of $3.6 million, compared with $4.7 million in 2007.Jeff in
More than 300 Northwest branches of Washington Mutual Bank, including 19 in the Spokane-Coeur d'Alene market, officially will become Chase bank branches in June, and soon will be led by a longtime regional banker with roots in Spokane.Employees &
Colfax-based Bank of Whitman, which has three branches in the Spokane area, has reported net income of $5.8 million for 2008, up 5 percent from $5.5 million the prior year. Loans and deposits both grew sharply.James Tribbett, the bank's and CEO,
Spokane-based Global Credit Union posted a net loss of $3.5 million for 2008, compared with net income of $1.1 million in 2007. Greg Benneweis, Global's vice president for finance, says the loss occurred primarily because the credit union its by
While the Federal Home Loan Bank of Seattle says it's disappointed with its own recently reported losses, and is experiencing a capital deficiency, some of its member banks and credit unions here say they're not alarmed and expect the federal "bank
Spokane Teachers Credit Union posted lower net income for 2008, but its assets, loans, and deposits all grew sharply while its membership rolls climbed at a healthy clip.The Spokane-based credit union had $8 million in net income last year, down
In early February, Spokane-based Washington Trust Bank had been looking for years to acquire a bank in the Portland, Ore., area with full branching rights, and had informed the Federal Deposit Insurance Corp. of that interest.When the arose to a