Idaho Central Credit Union has quietly become one of Spokane’s fastest-growing financial institutions. Just 3 1/2 years after opening its first branch in Spokane County, the Chubbuck, Idaho-based financial institution has expanded to six locations, including downtown Spokane, North Spokane, Spokane Valley, Airway Heights, Liberty Lake, and the South Hill.

As some credit unions continue to grow through mergers, acquisitions, and the opening of additional branches, smaller credit unions in Spokane are working to stay competitive and prove that expansion isn't the only path to success.

Third-quarter earnings reports released by some banks with a Spokane presence mostly show upward trends in net income due partially to raised federal interest rates and steady demand for commercial and industrial loans in the Inland Northwest.