Banking & Finance

COL Brunell - College affordable

Restoring affordability for college education is vital

By Don C. Brunell When my parents graduated from high school in 1936, a college education was too expensive for the son of a copper miner and the daughter of a plumber. Eighty years ago, our country was in the middle of the Great Depression and teens took odd jobs to help put food on…

Student Debt

Student loan debt burdening millions

A $1.5 trillion debt. Owed by 45 million people, or 15 percent of the U.S. population. Backed by the U.S. government, and by extension, taxpayers. Anyone who thinks this country’s growing student debt crisis doesn’t affect them is sorely mistaken. That’s the message from a certified student loan counselor, and he says it’s true for…

Q&A Doug Wadsworth

Q&A with Doug Wadsworth

President, Tri-CU Credit Union (formerly Tri-Cities Community Federal Credit Union) Number of employees you oversee: 17 Brief background of your business: Tri-CU (formerly Tri-Cities Community Federal Credit Union) is the only small local credit union in the Tri-Cities, originally founded in 1969 by the IBEW #112 Electricians Union, right here in Kennewick. We have grown…

Numerica Credit Union’s cannabis banking team includes Kristen Willemsen, from left, David Wilson, David Bain, Jordyn Gese and Roger Fitzpatrick. (Photo by Virginia Thomas/Spokane Journal of Business)

Financial institutions watch cannabis proposal

By Virginia Thomas / Spokane Journal of Business Washington financial institutions and regulators say they’re closely watching several pieces of federal legislation regarding cannabis that could impact how banks and credit unions handle banking for the cannabis industry. Some, however, aren’t optimistic that such legislation will make it through the legislative process. Washington state legalized…

Jones Chart - Median Household Income

Tri-City finance sector rooted in supportive economy

By D. Patrick Jones Nearly every reader of this column has a relationship with a bank, credit union, mortgage lender or maybe a combination. The financial system of the U.S. is widely celebrated for contributing to our country’s economic success. What’s true nationally is true locally. According to data from Benton-Franklin Trends, the finance sector…

Numerica Pasco

Numerica to open new Pasco branch off Road 100

Spokane-based Numerica Credit Union is building a new branch off Road 100 in Pasco. The 3,152-square-foot new office at 4845 Broadmoor Blvd. will replace the credit union’s 626-square-foot branch at 4820 N. Road 68, which opened in 2007 inside Walmart. “This branch will be much more convenient for our members,” said Kelli Hawkins, public relations…

Gesa

Gesa merges with Inspirus

A planned merger of Gesa Credit Union and Seattle-based Inspirus Credit Union recently received approval from state and federal regulators. And Inspirus Credit Union members voted in favor of merging with Gesa on July 23. The official merger date is Aug. 1, and Inspirus Credit Union will begin operating as a “division of Gesa Credit…

D. Patrick Jones

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,…

Latest News

New Kennewick Goodwill store opens

DOE to extend two key Hanford contracts

TRIDEC’s CEO announces retirement

Third Tri-City STCU branch to open in Pasco

Franklin County fastest growing in state, with Benton County close behind

Dickey’s Barbecue Pit shutters doors in Tri-Cities

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Calendar

Parade of Homes

September 14 @ 9:00 am - 5:00 pm

Pickin’ Tri-Cities Vintage Show & Artisan Market

September 14 @ 10:00 am - 4:00 pm

Karaoke at The Dugout – Pasco and SIN Sunday Event

September 14 @ 8:00 pm - September 15 @ 12:00 am