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...

Rebekah DobbsSTCU Commercial and Business Services Commercial Banking ManagerNumber of employees youoversee: 2What is STCU’s footprint in the Tri-Cities? We have locations in the Southridge area of Kennewick, Queensgate area of Richland and will be opening our Pasco location on Road 68 soon. We also have a Home Loan division and...

We have all seen the news: card skimmers, check fraud and compromised accounts. With financial fraud on the rise, where does your financial institution stand in terms of losses, security and products to assist you in safeguarding your accounts and identity?The American Bankers Association does a survey each year to...

By Don C. Brunell Whenmy parents graduated from high school in 1936, a college education was tooexpensive for the son of a copper miner and the daughter of a plumber.Eighty years ago, ourcountry was in the middle of the Great Depression and teens took odd jobs tohelp put food on...