By Michelle DuplerPeoples Bank recently opted to close a Kennewick loan production office on West Gage Boulevard with little fanfare.A statement from the bank described the location as a “small commercial loan production office” and “not a customer-facing branch.”The bank declined to say why the office closed, only that the...
By Laura KostadInland Northwest Bank opened its first permanent Tri-City branch last month in Kennewick.The bank has been conducting business in the Tri-Cities since September in a temporary office at 1350 Spaulding Ave. in Richland while construction was completed on a new 2,000-square-foot office in Center Vision Clinic’s new building...
By Laura KostadNorthwest Farm Credit Services is moving into the bustling commercial area near Broadmoor Boulevard and Sandifur Parkway in Pasco.The Spokane-based company has been making headway on the construction of its new $3 million building at 9915 St. Thomas Drive near the Road 100 exit. It is set to...
What does the new Trump administration in the White House mean to the banking industry and region’s economy?It’s too early to tell.But two banking industry experts have simple advice for local business owners: keep your eye on what you do best.“There’s lot of noise in the media. … Focus on...
Roberta Hollinshead may be the first woman in the state’s history to lead the Department of Financial Institutions’ Division of Banks, but she credits her knowledge of the industry—both challenges and opportunities—for setting her apart. Roberta Hollinshead, who worked for more than 15 years with the state Department of Financial...
By Berta GabbardWith the new year well underway and a new administration in the White House, many business owners in the greater Tri-Cities area are looking to maintain their stride as we see how the markets respond and evolve. Several owners I work with are actively pursuing plans to grow...
President Donald Trump’s delay of the new U.S. Department of Labor fiduciary rule requiring financial advisers to act in their investors’ best interests might not have its intended effect as some local financial advisers say many firms have already complied with the new standards.The rule would have gone into effect...
By Beau RuffTimes can get financially rough. People go through difficult periods in life and might be strapped for cash and need an additional sources of money. Perhaps the cash is needed to buy a new house or to pay for a small business or an attorney’s retainer for a...
No one in Olympia appears to like the business-and-occupation tax — the state tax on gross receipts.But other than adding exemptions, Washington’s Legislature has been reluctant to do anything about B&O taxes. Each session, changes get proposed. Each session, those proposals die.“A silver bullet is not there because it is...
A new Wells Fargo office has opened in the Tri-Cities. Wells Fargo & Company, the parent company of Wells Fargo Advisors, opened a new office in Kennewick this spring.Wells Fargo Advisors is a subsidiary of the well-known bank with the same name.A full-service investment firm, Wells Fargo Advisors covers all...
