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Tuesday, February 18, 2020  Spokane, Washington  Est. May 19, 1883
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Stories tagged: bank

Federal Reserve proposes loosening rules on bank investments

The Federal Reserve approved a proposal Thursday to loosen a financial-crisis era rule that prevents banks from investing in venture capital funds.

100 years ago in Spokane: Police identify suspect in Union Park Bank holdup

Chester Clark, who also went by the names Leo Hartman and James Conley, was believed by police to be responsible for the bank robbery on Dec. 12. His wife was …

Fed approves rules to loosen bank restrictions

The Federal Reserve is easing restrictions imposed on banks following the 2008 financial crisis, giving a victory to the banking industry and President Donald Trump.

UPDATED: Fri., June 21, 2019

Fed says largest banks would survive crisis, in latest tests

Federal Reserve says 18 of the nation’s largest and most complex banks strong enough to withstand a severe economic downturn.

Second Harvest to distribute food donations Wednesday on South Hill

Second Harvest Food Bank is distributing free food to anyone in need on Wednesday afternoon.

Police describe execution-style killings inside Florida bank

A gunman who took over a SunTrust Bank branch in Florida apparently made the five women inside lie down on the lobby floor before shooting them in the backs of …

Banner Bank parent reports $37.5 million in 4Q earnings

The earnings, reported Wednesday, amounted to $1.09 per share, and included charges from the acquisition of Skagit Bancorp.

‘A horrific situation’: 4 dead in Cincinnati bank shooting

A gunman opened fire Thursday morning in a building in the heart of Cincinnati in an attack that left him and three other people dead, police said.

Ghost town bank lives again at nuclear reservation. You can visit

The bank in the ghost town of White Bluffs on the Hanford nuclear reservation has been rehabilitated and can be seen on Manhattan Project National Historical Park tours.

UPDATED: Mon., Feb. 19, 2018

’A nightmare’: Banker tells tale of Latvian corruption

Latvia’s top banking official explained the “rules of the game” for successful banking in the small European country. His sidekick sat the owner of Norvik bank down, scribbling the sum …

NerdWallet: Be your own bank guard if your account is at risk

The recent Equifax data breach highlights how consumer information is vulnerable and how that could put your financial accounts in danger.

UPDATED: Mon., Aug. 14, 2017

‘Out for blood’: Man arrested in plan to bomb Oklahoma bank

A 23-year-old man who was “out for blood” when attempted to detonate what he believed was an explosives-laden van outside an Oklahoma bank in a plot similar to the deadly …

Police smash bank wall; free two trapped inside with suspect

Police smashed through a bank wall Friday afternoon and freed two people trapped inside with a man who claimed to have a bomb powerful enough to “take out the room.”

UPDATED: Mon., May 8, 2017

26 arrested as climate activists target JPMorgan Chase banks in Seattle

Seattle police said a total of 26 climate activists were arrested, many at their request, during demonstrations at several JPMorgan Chase bank locations in Seattle.

Car Museum sues Tacoma over handling of federal loan

LeMay–America’s Car Museum has sued the city of Tacoma and its bank over the handling of a $3.6 million federal loan to finance the museum’s construction.

Wells Fargo scandal puts focus on ‘clawbacks’ of executive compensation

When the Senate Banking Committee grills Wells Fargo & Co.’s chairman Tuesday about the banking giant’s sales scandal, look for the word “clawback” to come up more than once.

JPMorgan’s results beat forecasts as trading revenue jumps

NEW YORK – JPMorgan Chase & Co. reported solid second-quarter earnings Thursday as trading revenue jumped. The bank was also able to continue cutting expenses.

Security images show blood on robbery suspect’s sweatshirt

The Spokane County Sheriff’s Office has released images from security footage that clearly show a robbery suspect holding a gun Thursday at STCU’s South Valley branch.

Bangladesh bank chief quits amid $100 million hacking uproar

The head of Bangladesh’s central bank resigned Tuesday after hackers managed to divert $101 million from the country’s account with the Federal Reserve Bank in New York.

Valley bank manager admits stealing money

A former Spokane Valley bank manager pleaded guilty Tuesday to embezzling more than $92,000 from the Banner Bank branch she oversaw by pilfering cash from the till and writing phony …

Spokane Police searching for bank robber

Spokane Police are looking for a man they say walked into a Banner Bank branch at a north Spokane grocery store and handed a teller a note demanding money. A …

Rash of crimes in Spokane mars new year

For the second year in a row, Spokane detectives were kept on their toes by a string of post-New Year’s crime, which this year left one man shot dead, his …

Bank robbery suspect considered armed and dangerous

A man suspected of robbing three banks in the last week is considered a serious threat to the community.

Police searching for Banner Bank robber

Spokane Police are looking for a man suspected of robbing a Banner Bank in a north Spokane Safeway on Friday afternoon.

Sterling posts $39 million profit

Sterling Financial Corp. earned a $39.1 million profit in 2011, continuing its turnaround from near-collapse during the height of the nation’s financial crisis. According to financial reports released Wednesday, Sterling’s …

Washington Trust repays TARP debt

Washington Trust Bank has repaid its $110 million TARP obligation to the U.S. Treasury Department. At the same time, the Spokane-based bank borrowed $89.1 million from a different Treasury program …

Regulators shut down Bank of Whitman

State regulators closed the Bank of Whitman on Friday night and sold the Colfax-based lender’s deposits and some assets to Columbia Banking System of Tacoma. The deal shutters 12 branches …

UPDATED: Fri., Aug. 5, 2011

Regulators shut down Bank of Whitman

State regulators closed the Bank of Whitman on Friday night and sold the Colfax-based lender’s deposits and some assets to Columbia Banking System of Tacoma.

Famous Rockwell painting created for Spokane bank in ‘60s

On the eve of President’s Day, it’s worth remembering that one of the most famous paintings of Abraham Lincoln, by one of America’s most famous 20th century artists, Norman Rockwell, …

Sterling’s loss near half-billion

Sterling Financial Corp. on Thursday reported a huge third-quarter loss of $463.7 million as it closes out the books on almost a decade of acquisitions that made the Spokane institution …