Community First Bank couldn’t pass up the opportunity to buy a vacant bank property at the intersection of Swift Boulevard and Jadwin Avenue in Richland.It wasn’t looking to move but when its lease came due for renewal at 1060 Jadwin Ave., where it’s been located for 15 years, it made...
Walmart debuts cash payment platformWalmart is teaming with the PayNearMe mobile payments app to let customers pay utility, rent, car payments and other bills in cash at the same place they shop for groceries and household items.The program, which rolls out in August, will let cash customers show a scannable...
“Exciting” isn’t the word most people use when describing market and investment conditions, but it fits the description for the first half of 2021.GameStop dominated the news cycle for weeks, and its controversy culminated in congressional hearings.Distant relatives morphed into CNBC commentators as they waited for the price of Dogecoin...
Numerica Credit Union recently bought property on busy Court Street in Pasco with plans open a new branch.The Spokane Valley-based credit union paid $940,000 in May for the 1,400-square-foot building at 2307 W. Court St. that serves as home to Baskin-Robbins.Numerica plans to demolish the ice cream shop and build...
President and CEO, Wheatland BankSusan M. Horton, CPAEmployees you oversee:151 employees, 8 directors and 440 shareholders.Brief background of your business:Wheatland Bank is a locally-owned, full-service community bank headquartered in Spokane, with 14 branches throughout eastern and central Washington and over 400 local shareholders. Wheatland Bank was founded in Davenport, Washington,...
One common concern for investors is seeking a reliable source of passive income.Sometimes it is not immediately evident to those investors that an investment account can easily produce passive income.Many investors who are new to investing in the broader stock market like to evaluate the investment alongside other investments for...
Talk was going around. Politicians in Washington were developing a coronavirus package with a generous program to save jobs at small businesses affected by the pandemic.Eric Pearson, chief executive officer of Kennewick-based Community First Bank, recalls the talk. Nothing was official. The Coronavirus Aid Relief and Economic Security (CARES) Act...
There is the obvious investment advice that certainly you’ve heard again and again:Set clear and realistic long-term goals.Keep investing regardless of market fluctuations.Diversify, don’t put all your eggs in one basket.Select quality low-cost globally diversified investments.Seek out a fiduciary professional to support the financial side of your life.All great advice,...
Will the massive fiscal and monetary stimulus packages designed to save the economy actually lead to high inflation?This is becoming a hotly debated topic. In this column, we’ll explore inflation, future expectations and how to protect your nest egg. Inflation can be broadly defined as the increase in prices of goods...
When businesses or professionals talk about engaging in mergers or acquisitions (M&A), what exactly might that entail?In a general sense, M&A is a broad term to describe the various transactions available to gain control of, or consolidate, companies.An acquisition is the scenario where a buyer seeks to purchase or acquire...