Banking & Finance

Chart course for your business to thrive for long haul

By Berta Gabbard With the new year well underway and a new administration in the White House, many business owners in the greater Tri-Cities area are looking to maintain their stride as we see how the markets respond and evolve. Several owners I work with are actively pursuing plans to grow or retool their companies. […]

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Matthew Sweezea, financial adviser with Primerica, says accountability is a good thing, but said the fiduciary rule could eventually limit investment options and access to financial advice for a lot of middle-income households, already intimidated by investing.

Local financial advisers weigh in on new fiduciary rule

President Donald Trump’s delay of the new U.S. Department of Labor fiduciary rule requiring financial advisers to act in their investors’ best interests might not have its intended effect as some local financial advisers say many firms have already complied with the new standards. The rule would have gone into effect April 10, but Trump […]

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Washington State

Increasing B&O taxes on this year’s legislative agenda

No one in Olympia appears to like the business-and-occupation tax — the state tax on gross receipts. But other than adding exemptions, Washington’s Legislature has been reluctant to do anything about B&O taxes. Each session, changes get proposed. Each session, those proposals die. “A silver bullet is not there because it is such a complex […]

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Wheatland Bank

First 18 mos. in Pasco yields 36 percent loan growth

To call Wheatland Bank’s expansion into the Tri-Cities a success would be an understatement. “We budgeted for loan growth, but we didn’t anticipate this much loan growth,” said Sue Horton, president and CEO of Wheatland Bank and Chair of the Board. Banks in Washington took a huge hit during the financial collapse, but Horton said […]

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Banner Bank

Banner Bank completes merger with AmericanWest Bank, sees consistent growth

After the recession of 2008, increased regulatory demands significantly shifted the way the banks deliver services to their customers — but for Banner Bank, those shifts only served to strengthen relationships with customers. Last year, the bank celebrated 125 years of growth. Part of the growth comes from consolidation, which has been a visible trend […]

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