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Banking & Finance

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Bankruptcies tick upward in Spokane, Kootenai counties

Regional filings still below prepandemic levels
August 14, 2025
Mike McLean

Bankruptcy filings in Spokane and Kootenai counties have been on the upswing in recent years after having declined steadily for over a decade.


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State Bank Northwest bucks consolidation trends

As small charters are acquired, Valley-based financial institution thrives
August 14, 2025
Samantha Peone

As small charters continue to be bought up by larger banks and credit unions, Spokane Valley-based State Bank Northwest bucks that trend, and it’s thriving despite the industry’s consolidations.


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Successful business sales start with a financial plan

Essential steps for owners to prepare and close deals
August 14, 2025
Beau Ruff

Selling anything more than a hot dog stand is a significant business undertaking that typically requires months of preparation and execution.


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Loss aversion can undermine experienced investors

Planning, discipline help overcome emotional nature of market swings
August 14, 2025
Sarah Carlson

Even seasoned business professionals—those well-versed in risk, strategy, and decision-making—are not immune to a quiet but powerful behavioral bias: loss aversion. 


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RiverBank goes green with cannabis fintech alliance

Small bank expects to expand fiscal footprint with new partnership
July 31, 2025
Karina Elias

RiverBank Holding Co. has teamed up with cannabis banking compliance company Green Check Verified, Inc. in a partnership that aims to grow the Spokane-based organization’s deposits, lending power, and national footprint, without building a single new location.


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Leaving a legacy through charitable giving

Estate planning helps create impact, reduce taxes, strengthen values
July 31, 2025
Holland McBurns

When people think about their legacy, they often think of family first. But many also want to leave the world better than they found it—by supporting charities, churches, or causes close to their heart.


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Sarah-Carlson_web.jpg

Strategic giving can maximize impact

Well-planned philanthropy offers significant tax benefits
July 31, 2025
Sarah Carlson

Charitable giving is more than generosity—it's a strategy.


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Washington Trust parent reports rise in earnings

Loans, deposits up year-over-year for W.T.B. Financial Corp.
July 18, 2025
Journal of Business Staff

W.T.B. Financial Corp., the Spokane-based holding company for Washington Trust Bank, posted second-quarter net income of about $19.6 million, or $7.91 per diluted share, an increase over the year-earlier quarter’s net income of about $11.7 million, or $4.69 per share.


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STCU names new president, CEO

Previously serving as CFO, Myhre becomes organization's first female top executive
July 9, 2025
Journal of Business Staff

Spokane Teachers Credit Union has named Lindsey Myhre as its president and CEO, the Liberty Lake-based credit union announced this morning. 


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Idaho Strategic expected to join Russell 3000 Index

Coeur d'Alene-based gold producer's inclusion could broaden investor base
June 20, 2025
Journal of Business Staff

Coeur d’Alene-based gold producer Idaho Strategic Resources Inc. (NYSE American: IDR) has been included in the preliminary list of additions to the broad-market Russell 3000 Index.


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