Banking & Finance

2019 Rising Stars: Mary McDirmid

Adviser manager invests in success of others

September 12, 2019

Mary McDirmid, managing director and special care planner at MassMutual Northwest, says nothing is more important to her than time, and that being able to set her own schedule is the key to her success. 'Time is the most important thing to me right

Washington Trust Bank plans South Hill community center

Structure along Grand to include meeting space, coffee shop

August 29, 2019

Kevin Blocker

Spokane-based Washington Trust Bank is moving forward with its plans to develop a neighborhood community center and coffee shop on a vacant pad site on Spokane's South Hill.

Composite value of INW public companies rises

While up compared to Q1, year-to-year figures slide

August 15, 2019

Kevin Blocker

Spokane-based financial advising company Hart Capital Management Inc. says the composite value of the region's seven publicly traded companies rose to $10.2 billion in the second quarter, an increase of 5.9%, or $566.8 million

Inland Northwest banks report net profits

Most announce increase in quarterly net income

August 15, 2019

Virginia Thomas

Banks with branches in the Spokane area report operating in the black during this year's second quarter, according to their earnings releases.

Insurance association looks to expand its reach in INW

NAIFA to begin offering classes in Spokane area next month, reps say

August 15, 2019

Sandra Hosking

The Eastern Washington regional chapter of the National Association of Insurance Financial Advisors is seeking to increase membership and plans to offer continuing education courses beginning this fall.

Middle market companies are bullish

Despite trade, automation fears, most plan for growth

August 15, 2019

Virginia Thomas

While companies are grappling with the effects of the current U.S.-China trade disputes-and many are concerned about automation and its effect on the workforce-most companies are feeling optimistic about the future, according to Umpqua Bank's

Spokane County diversifies investments

Treasurer's office invests in corporate securities under Baumgartner

August 15, 2019

Natasha Nellis

The Spokane County Treasurer's Office is shaking up its investment portfolio with its first foray into corporate and international bonds in a strategic move to diversify the Spokane Public Investment Pool.

Seachange at Spokane's City Hall

CFO Cooley to retire around turn of the year

August 15, 2019

Kevin Blocker

City of Spokane officials and its chief financial officer, Gavin Cooley, have some things to consider in the coming months. Cooley, 61, will think about what to do after he retires at late this year or early in 2020

STCU expands senior leadership team

Credit union seeks to fill two more officer roles

July 18, 2019

Virginia Thomas

Spokane Teachers Credit Union has expanded its senior leadership from seven to 13 positions, including four employees who have been promoted to newly-created vice president roles.

Bankruptcy filings declines in Eastern Washington, for time being

Experts, data suggest increase on horizon

July 3, 2019

LeAnn Bjerken

Bankruptcy filings in Eastern Washington and North Idaho have been declining for nine consecutive years but may be set to increase by the end of this year, some attorneys who monitor such filings here say.