Stories tagged: banking
UPDATED: Wed., Feb. 20, 2019, 12:13 p.m.
Spokane Federal Credit Union broke ground Tuesday on its new Spokane Valley branch that will share a space with Revel 77 Coffee.
Tue., Oct. 2, 2018, 4 a.m.
The largest piece of legislation passed by this Congress was last year’s federal tax bill, which made sweeping changes to both individual and corporate filers. Rep. Cathy McMorris Rodgers says …
UPDATED: Sat., Aug. 18, 2018, 11:07 a.m.
At head of JPMorgan Chase’s operations in the Northwest, Phyllis Campbell looks back on upward career path
As chairwoman of the Pacific Northwest for JPMorgan Chase & Co. – the most senior executive in Washington, Oregon and Idaho – Phyllis Campbell is giving back to the community …
UPDATED: Wed., July 18, 2018, 6:36 p.m.
Inland Northwest Bank’s parent company reported improved second quarter results Wednesday, as the company moves closer to a merger with a Montana bank.
Wed., June 20, 2018, 6 a.m.
State Treasurer Duane Davidson is working to get Congress to change federal laws and open banking to marijuana businesses in states where it’s legal.
UPDATED: Thu., May 24, 2018, 2:10 p.m.
President Donald Trump on Thursday signed into law a measure that loosens key restraints for banks imposed after the 2008 financial crisis and Great Recession. Savoring the legislative triumph, he …
UPDATED: Tue., May 22, 2018, 4:01 p.m.
Congress moved Tuesday to dismantle a chunk of the rules framework for banks, installed to prevent a recurrence of the 2008 financial crisis that brought millions of lost jobs and …
Tue., May 8, 2018, 12:43 p.m.
The House will take up a Senate-passed bill rolling back banking regulations, breaking an impasse that imperiled passage of the legislation that is backed by the White House, Republicans and …
UPDATED: Thu., April 26, 2018, 10:45 p.m.
A Montana company is buying Inland Northwest Bank – the latest acquisition of a publicly traded company headquartered in Spokane.
Sun., April 22, 2018
Roughly 7 out of every 10 adults worldwide now have some form of bank account, the World Bank said last week, largely because of the proliferation of cellphone-based bank accounts …
UPDATED: Fri., April 20, 2018, 4:40 p.m.
Wells Fargo will pay $1 billion to federal regulators to settle charges tied to misconduct at its mortgage and auto lending business, the latest punishment levied against the banking giant …
Thu., Jan. 25, 2018, 5:16 p.m.
The parent company of Banner Bank reported $13.5 million in fourth-quarter losses, which officials attributed to a one-time tax expense.
UPDATED: Tue., Jan. 2, 2018, 5:03 p.m.
A Spokane bank raised its starting wage to $15 per hour and gave out year-end bonuses in reaction to federal tax reform. INB officials say the raises benefit the community …
UPDATED: Tue., Nov. 7, 2017, 7:13 p.m.
Even though ATM skimming has not yet become a major problem in the Northwest, a Seattle-based bank wants to be ahead of the crime wave by rolling out technology that …
Mon., Oct. 23, 2017, 8:05 a.m.
New U.S. sanctions against the militant Hezbollah group expected to be released in the near future are not likely to affect the country’s banking sector that is the backbone of …
Mon., Oct. 9, 2017
The southwest corner of Riverside Avenue and Howard Street has been the epicenter of the Spokane banking business for more than 120 years.
Wed., Sept. 13, 2017, 7:54 a.m.
Hawaii said Tuesday that it aims to be the first state to have marijuana sales handled without cash, saying it wanted to avoid robberies and other crimes targeting dispensaries.
UPDATED: Fri., Aug. 25, 2017, 2:29 p.m.
Federal Reserve Chair Janet Yellen on Friday defended the web of regulations the Fed helped enact after the 2008 financial crisis, saying it helped restore the banking system’s health and …
Wed., Aug. 2, 2017, 8:47 a.m.
The “Goldilocks” rally still has juice. That perfect environment to sustain broad market gains – when global growth is fast enough to lift corporate profits, but tame enough to keep …
UPDATED: Thu., July 27, 2017, 4:17 p.m.
Executives at Banner Corp., the parent company of Banner Bank and Islanders Bank, said strong business activity led to growth in its second quarter income.
Thu., July 20, 2017, 8:28 a.m.
Long-term U.S. mortgage rates declined this week after two straight weeks of increases. The benchmark 30-year rate slipped back below the significant 4 percent level.
UPDATED: Wed., July 19, 2017, 3:51 p.m.
Bad news for financial titans like JPMorgan Chase’s Jamie Dimon and Goldman Sachs Group’s Lloyd Blankfein: Most Americans hold unfavorable views of Wall Street banks and corporate executives, and distrust …
UPDATED: Fri., July 14, 2017, 1:34 p.m.
Wells Fargo said its profit edged higher in the second quarter as the bank got a boost from rising interest rates and the planned sale of its insurance service business.
UPDATED: Fri., July 14, 2017, 8:45 p.m.
Jamie Dimon, the chief executive of the nation’s largest bank, vented his irritation with politicians and the news media on Friday, arguing that the nation is spending too much time …
Fri., July 7, 2017, 10:45 a.m.
The Federal Reserve said Friday it expects the U.S. economy will strengthen and warrant further gradual increases in its key interest rate.
Thu., July 6, 2017, 9:38 a.m.
Long-term U.S. mortgage rates rose this week to highest level since mid-May.
Thu., June 29, 2017, 8:34 a.m.
Long-term U.S. mortgage rates were unchanged to lower this week, as the benchmark 30-year rate reached a new low for the year.
Thu., June 15, 2017, 8:50 a.m.
Long-term U.S. mortgage rates edged up this week as the benchmark 30-year rate bounced back from a seven-month low.
UPDATED: Wed., June 14, 2017, 3:45 p.m.
The Federal Reserve has raised its benchmark interest rate for the third time in six months, providing its latest vote of confidence in a slow-growing but durable economy. The Fed …
UPDATED: Thu., June 8, 2017, 6:17 p.m.
The Republican-led House approved sweeping legislation Thursday to undo much of former President Barack Obama’s landmark banking law created after the 2008 economic crisis that caused millions of Americans to …