Yoke’s Fresh Market seeks to fill vacancy with another bank, credit unionGlobal Credit Union has closed its two Tri-City grocery store branches.Officials shuttered locations inside the Pasco and Kennewick Yoke’s Fresh Market stores on Jan. 31.Global Credit Union’s 1,600 Tri-City members may keep their accounts open and rely on mobile banking,...
Trends in the Washington state banking industry are generally positive coming into 2018. The 44 state-chartered and three nationally-chartered banks headquartered in Washington are stable and the financial condition of these institutions has continued to improve.
It’s hard to start a business on optimism alone.Brett Spooner, an attorney with Gravis Law PLLC in Richland, said what makes it even more difficult is that entrepreneurs are limited when it comes to soliciting the capital they need to get their businesses off the ground.“The goal of the Security...
By Beau RuffYou’ve likely heard the conventional wisdom many times. Your friends or family, or even at times the bank teller, will counsel you that you should add your child to your bank account. Perhaps it’s a checking account or a savings account, or both. The advice goes something like...
by Ben CoxBeing a farmer means being ready for anything. Ben CoxWhether managing through unreliable weather, planning against volatile crop prices or adapting to changing consumer preferences, the life of a farmer is anything but predictable. Today, the agricultural industry must also contend with new technologies that change how farmers...
Washington and six other states have launched a new national approach to licensing money service businesses.These businesses, known as “fintech” companies, include money transmitters, payment service providers and currency exchangers.Fintech refers to new technology used to support or enable banking and financial services.Generally, money service businesses have to apply for...
Hirst decision agreement gets several construction projects back on trackA number of stalled Mid-Columbia construction projects are now shifting into gear since the Washington Legislature reached a compromise on a controversial water rights bill.The irony is despite the rural nature of the well-digging conflict, the compromise does not really affect...
FCCI working to fabricate pipeline for Hanford tank farm projectThe welding torches are ablaze in a Richland company’s new fabrication shop where highly-skilled welders are making pipeline components for the water and chemical distribution system for the Hanford tank farm.Fluid Controls and Components Inc., or FCCI, specializes in nuclear-certified piping...
Declining revenue has forced the Richland-based Ignite Youth Mentoring program to lay off staff and focus on restructuring.The executive board of the struggling Christian mentoring organization issued an announcement about the “steadily declining revenue” to staff, donors, mentors and the community last month.The board planned to meet community members, supporters,...
120 students now enrolled in viticulture, enology undergraduate programSeven years ago, Becca DeKleine was the lone College of Agriculture student walking at Washington State University’s Tri-Cities campus commencement.She carried the department’s banner by herself.She and three others graduated together with an emphasis in viticulture and enology in 2011. The others...
