Banking & Finance

D. Patrick Jones is the executive director for Eastern Washington University’s Institute for Public Policy & Economic Analysis.

Tri-Cities’ financial sector boosted by strong economy

By D. Patrick Jones Remember the phrase, “It’s the economy, stupid?” It certainly is true when assessing the state of regional lending. Let’s walk through what the economy does for the regional financial sector. But first, a word about the sector. The “credit intermediation” industry – largely banks and credit unions – works on a…

CEO Q&A with Eric Pearson

Brief background of your business: Community First Bank started 20 years ago and is the only locally-owned bank in the Tri-City market. We specialize in commercial, mortgage and construction lending, as well as banking for clients who desire a consultative relationship with their financial institution. HFG Trust was founded in 1982 and merged with Community…

U.S. Sen. Maria Cantwell addressed a full house at AWB's first-annual Federal Affairs Summit on Sept. 21, 2017 at Suncadia Resort in Cle Elum. (Courtesy Brian Mittge/AWB)

Connect with congressional leaders at Aug. 14 summit

By Kris Johnson It isn’t just the decisions made in Olympia that impact the economy in Washington state. What happens in the “other” Washington can also affect employers, their employees and our families. Everything from health care to trade and immigration to taxes are increasingly impacted by what happens — or doesn’t — in Washington,…

Attorney Beau Ruff works for Cornerstone Wealth Strategies in Kennewick.

Prudent investor rule helps to protect other people’s money, assets

By Beau Ruff You can do whatever you want with your money and assets but when charged with caring for another person’s money and assets, a body of law provides guidance on how you should proceed. Enter the prudent investor rule. I am not talking about financial planners and wealth management companies, though both are…

Federal regulations change for check endorsements

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 system is quickly converting…

Dennis Miller and Derek Munson of Kennewick-based Artmil Design spoke at TRIDEC’s fourth annual FABREO expo about making their online marketing campaigns a success using real-life case studies from Artmil’s clients.

E-commerce experts offer tips for navigating digital marketplace

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,” Bledsoe said during…

Citibank to pay states $100M over interest rate manipulation

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 profits from or costs…

More than 2 million tax ID numbers to expire this year

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 program, the IRS has…

Bitcoin

Regional public utility districts ponder best ways to handle bitcoin growth

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 a new type…

Global Credit Union closed its two Tri-City branches, located within Yoke’s Fresh Market stores in Pasco and Kennewick, on Jan. 31.

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

Yoke’s Fresh Market seeks to fill vacancy with another bank, credit union Global 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, online bill…

Latest News

New ACT theater gets new name, 400 donated seats

Richland Dutch Bros. temporarily closes during remodel

Free business programs event set for Oct. 3

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Late clock repairman’s wife working to reunite clocks with their owners

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“Championship of Champions” Indian Relay

September 21 - September 23

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September 21 @ 5:00 pm - 11:00 pm

MAMMA MIA!

September 21 @ 7:30 pm - 9:30 pm