Though most Americans have at least a passing understanding of the ability to use the equity in a house to obtain a low-interest loan though a home equity line of credit (HELOC), there is a lesser-known option for obtaining quick line of credit financing that might offer more compelling benefits...
Leanne AntonioPresident/CEOYakima Federal Savings and Loan AssociationLeanne AntonioNumber of employees you oversee: 130 employed by company with eight direct reports.Brief background of your business:Established in 1905, Yakima Federal Savings and Loan Association is a Washington state-chartered savings bank and continues to operate as a traditional thrift. We provide a safe...
FDIC clarifies what it covers. Hint: Not cryptoFailures by cryptocurrency companies and other non-bank institutions are not covered by the Federal Deposit Insurance Corporation.The agency took the unusual step of issuing a fact sheet clarifying what is and is not covered by FDIC deposit insurance after some crypto companies inaccurately...
It has been a tough year for the market, battling the headwinds of record inflation, rising interest rates and Russia’s war in Ukraine. However, some portfolios may be more battered and bruised than others, depending on their investment selection. In times like these it pays to revisit the fundamentals and...
The Tri-Cities’ beloved retired four-star general, Jim Mattis, has married for the first time. Huzzah!His wife, Christina Lomasney, is an entrepreneur-executive at Pacific Northwest National Laboratory.These newlyweds, whom I do not know personally, arguably have complex personal and financial lives and likely will have many financial matters yet to sort...
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,...
