Around the Corner

Investment, retirement adviser opens South Hill office

Financial Alternatives, a PlanMember financial center and retirement planning company, has opened in Spokane.

The office, a satellite of the PlanMember’s Financial Center in Wenatchee, is owned by Erik Peterson, who has partnered with Tim Kadlec to operate the Spokane office, located at 613 S. Washington St., Suite 102.

Kadlec has an independent practice in Spokane, and brings 18 years of experience as a regional vice president and compliance supervisor, in addition to four years as an investment adviser representative with Voya Financial Advisors, according to a news release.

Carpinteria, California-based PlanMember Financial Corp. is an investment management and retirement planning company with 33 financial centers in 19 states.

Eco Depot to mark installation of 1 million solar watts

Eco Depot is celebrating Thursday with a party and a showing of the documentary “Solar Roots.”

The Spokane company has installed more than 1 million watts of solar power on homes, commercial building and farms since its 1999 founding. The company is owned by siblings Nadine Sullivan and Bruce Gage.

“Solar Roots” will be shown at the Magic Lantern Theater, 25 W. Main Ave. The 6:30 p.m. screening is full, but free tickets still can be reserved at eventbrite.com for the 3 p.m. showing.

The Megawatt Solabration party begins at 5 p.m. on the Saranac Commons patio and rooftop, 19 W. Main Ave.

New federal requirements for mobile deposits coming

Beginning Sunday, STCU is asking customers to write “For STCU mobile deposit only” on the backs of checks they deposit using their cell phones to meet a new federal requirement.

Remote deposit capture allows people to quickly deposit checks by taking a picture of the front and back of the check, said Dan Hansen, an STCU spokesman.

Since the actual check remains in the depositor’s hands, federal regulators have noted an increase nationally in attempts to double-deposit checks and instituted the change for mobile deposits to financial institutions.

Financial institutions are liable for losses from double-deposits. At STCU, a not-for-profit credit union, that means all members bear the cost, Hansen said.

Requiring a signature (as always) and a note saying the check is for mobile deposit only at STCU, helps reduce the liability, he said.