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Banking & Wealth Management

Federal regulations change for check endorsements

July 17, 2018
TCAJOB Staff
Consumers should be aware of a regulatory change that went into effect on July 1, adding a step to the process of depositing a check from your cellphone aimed at helping to prevent fraud.With the advent of banking mobile apps and other “remote deposit capture” technology, the nation’s check collection...
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July fabreo

E-commerce experts offer tips for navigating digital marketplace

July 17, 2018
Laura Kostad
The new storefront is online and to be successful there, it’s best to learn all you can about how to do it.That’s according to James Bledsoe, director of the U.S. Department of Commerce, International Trade Administration’s eCommerce Innovation Lab in Tacoma.“That’s how people are finding you and finding your products,”...
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Citibank to pay states $100M over interest rate manipulation

July 17, 2018
TCAJOB Staff
Citibank, a Wall Street financial institution, will pay a total of $100 million to 42 states, including Washington, for manipulating a key interest rate before and during the Great Recession, costing investors millions of dollars.These manipulations may have led investors to make riskier investments than they realized, or impacted the...
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More than 2 million tax ID numbers to expire this year

July 17, 2018
TCAJOB Staff
With more than 2 million individual taxpayer identification numbers, or ITINs, set to expire at the end of this year, the Internal Revenue Service is urging affected taxpayers to submit their renewal applications soon to beat the rush and avoid refund delays next year.In the third year of the renewal...
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Bitcoin

Regional public utility districts ponder best ways to handle bitcoin growth

July 16, 2018
John Stang
Mining in the Northwest was different in the 1890s.Back then, miners hunted for gold in the streams and mountains of Alaska and the Yukon with picks and shovels. Seattle was a jumping-off point and supply center for gold miners.Today, central Washington, upstream of the Tri-Cities, has become the focus of...
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Feb global sign

Global Credit Union closes grocery-based branches in Pasco, Kennewick

February 15, 2018
Robin Wojtanik
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,...
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Photo of laptop, piggy bank, calculator, change, coffee cup

State’s banking industry stable, improving in three key areas

February 15, 2018
Guest Contributor
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.
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Feb angel investors fuse

Fuse offers collaborative space for angel investors, entrepreneurs to meet

February 15, 2018
Jessica Hoefer
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...
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Consider alternative to adding children to your bank account

February 15, 2018
Guest Contributor
 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...
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Ben cox

Trusted bankers can be key resource for farmers in times of change

February 15, 2018
Guest Contributor
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...
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