Spokane-area banks and credit unions are adjusting to new federal residential mortgage lending standards that require federally insured lenders to take additional steps when collecting a borrower's financial information and calculating ability to repay
Some lending institutions that are among the leaders here in originating U.S. Small Business Administration-backed loans are anticipating renewed interest from borrowers this year, following a dip in total loan volume in the SBA's Spokane district in 20
Spokane wholesaler URM Stores Inc. announced recently that it's nearing the end of its investigation into the cyber-attacks last fall that compromised an unknown number of debit and credit cards, but some aftereffects of that breach still are being felt
Sterling Financial Corp., the Spokane-based holding company for Sterling Bank, reported this afternoon fourth-quarter net income of $22.2 million, or 35 cents a diluted share, up from $20.9 million, or 33 cents a share, in the year-earlier period.
For
Moss Adams LLP, the big Seattle-based accounting and business consulting firm that also operates the largest accounting firm operation here, has launched the Moss Adams Tax Credit Exchange, an online marketplace for buying and selling tax credits.
The e
Millwood-based Commercial Lending Northwest Inc., a tiny 15-year-old company that provides commercial financing services to businesses, including for bridge and conventional loans, says it expects to see lending growth this year, especially in the packagi
As the second largest city in the state with a population of more than 200,000, Spokane has a lot to offer. Last year, Huffington Post ranked Spokane as one of the top 10 cities to retire given the city's weather, affordable housing, and local culture a
Financial institutions in Washington state are anticipating federal guidance on how best to navigate the precarious issue of state law versus federal law in regard to allowing marijuana businesses access to traditional banking services.
That question h
Four Spokane-area credit unions are among the 20 largest in Washington state in terms of total assets, according to a top 25 credit unions list that the Puget Sound Business Journal published earlier this month.
Two of the organizations here, Spokane Te
As Portland, Ore.-based Umpqua Holding Corp. and Spokane-based Sterling Financial Corp. await regulatory approval of the proposed merger of their respective banks, it's a good time to pause and consider how the financial landscape is shifting in both th