Banking & Wealth Management https://www.tricitiesbusinessnews.com/rss en-us Banking and Wealth Management Briefs — September 2026 Banking and Wealth Management briefs September 2026 Banking and Wealth Management briefs September 2026

]]> http://www.tricitiesbusinessnews.com/articles/8384 Thu, 10 Sep 2026 11:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/8384-banking-and-wealth-management-briefs-september-2026 Finances.jpg Baker Boyer names new CEO, a sixth-generation descendent of founder A Walla Walla-based community bank is starting a new chapter as its longtime leader hands the reins to his successor. A Walla Walla-based community bank is starting a new chapter as its longtime leader hands the reins to his successor.

]]> http://www.tricitiesbusinessnews.com/articles/8348 Thu, 10 Sep 2026 11:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/baker-boyer-new-ceo Baker-Boyer-Mark-and-Kip Pack a financial plan along with your dorm essentials rachel@tcjournal.biz As the school year gets underway, it’s a time when many young adults headed to college or into the trades begin thinking about managing their own money for the first time. For those who don’t know where to begin, a Richland-based credit union has some advice. As the school year gets underway, it’s a time when many young adults headed to college or into the trades begin thinking about managing their own money for the first time. For those who don’t know where to begin, a Richland-based credit union has some advice. 

]]> http://www.tricitiesbusinessnews.com/articles/8343 Thu, 10 Sep 2026 11:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/8343-pack-a-financial-plan-along-with-your-dorm-essentials Gesa-healthy-credit-habits Will Washington’s income tax be gone before we pay it? Since Washington adopted its new income tax in March, the law has continued to generate intense debate. Yet with a constitutional challenge pending and a repeal measure headed to voters, many are asking a simple question: Will anyone ever pay it? Since Washington adopted its new income tax in March, the law has continued to generate intense debate. Yet with a constitutional challenge pending and a repeal measure headed to voters, many are asking a simple question: Will anyone ever pay it?

]]> http://www.tricitiesbusinessnews.com/articles/8339 Thu, 10 Sep 2026 11:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/meehan-sept-2026 SheaMeehan.jpg WA state workers stage walkout amid clash over pay demands With contract negotiations nearing a critical deadline, hundreds of Washington state workers recently walked off the job for an hour to highlight demands for wage hikes in their next two-year deal. With contract negotiations nearing a critical deadline, hundreds of Washington state workers recently walked off the job for an hour to highlight demands for wage hikes in their next two-year deal.

]]> http://www.tricitiesbusinessnews.com/articles/8338 Thu, 10 Sep 2026 11:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/8338-wa-state-workers-stage-walkout-amid-clash-over-pay Striking-Workers The liquidity blind spot business owners often overlook Liquidity planning for business owners should begin well before any business sale transaction is considered. Unfortunately, for many business owners, the first time they think about building accessible liquidity is when an offer is being made to purchase their business, or a life event occurs that forces a change of ownership. Liquidity planning for business owners should begin well before any business sale transaction is considered. Unfortunately, for many business owners, the first time they think about building accessible liquidity is when an offer is being made to purchase their business, or a life event occurs that forces a change of ownership.

]]> http://www.tricitiesbusinessnews.com/articles/8337 Thu, 10 Sep 2026 11:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/petersen-sept-2026 MattewPetersen Consider these strategies to pursue more stable investing in AI AI has dominated economic headlines for several years now, but investing in the transformative potential of AI can still seem a murky area to investors who want to catch the wave of opportunities evoked by those headlines. AI has dominated economic headlines for several years now, but investing in the transformative potential of AI can still seem a murky area to investors who want to catch the wave of opportunities evoked by those headlines. 

]]> http://www.tricitiesbusinessnews.com/articles/8336 Thu, 10 Sep 2026 11:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/clary-sept-2026 MichelleClary-Oct25.jpg This credit union knows the superpower of being small rachel@tcjournal.biz Although this local credit union only has one branch, it fills a key role in the community by offering unique benefits to its members – just like other small credit unions across the country. Although this local credit union only has one branch, it fills a key role in the community by offering unique benefits to its members – just like other small credit unions across the country.

]]> http://www.tricitiesbusinessnews.com/articles/8335 Thu, 10 Sep 2026 11:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/tri-cu-small-credit-unions Tri-CU Credit Union Tri-Cities Area Credit Unions nathan@tcjournal.biz http://www.tricitiesbusinessnews.com/articles/6785 Thu, 10 Sep 2026 09:54:03 -0400 https://www.tricitiesbusinessnews.com/articles/6785-tri-cities-area-credit-unions Tri-Cities Area Banks nathan@tcjournal.biz http://www.tricitiesbusinessnews.com/articles/6782 Thu, 10 Sep 2026 09:53:19 -0400 https://www.tricitiesbusinessnews.com/articles/6782-tri-cities-area-banks WaFd Bank to merge with Florida-based financial institution Seattle-based WaFd Bank is about to expand its footprint and get a new name. Seattle-based WaFd Bank is about to expand its footprint and get a new name. 

]]> http://www.tricitiesbusinessnews.com/articles/8371 Wed, 09 Sep 2026 21:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/wafd-bank-to-merge-with-florida-based-financial-institution WAFD Banner Bank closes on purchase of western WA financial institution Walla Walla-based Banner Bank has officially brought another Washington state financial institution under its wing. Walla Walla-based Banner Bank has officially brought another Washington state financial institution under its wing. 

]]> http://www.tricitiesbusinessnews.com/articles/8323 Tue, 01 Sep 2026 21:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/banner-bank-closes-on-purchase-of-western-wa-financial-institution Banner Bank Alternate WA revenue officials: Income tax will bring in more money than first expected A new analysis from the state Department of Revenue shows Washington’s high-earner income tax will be paid by thousands of additional households and produce hundreds of millions of dollars more than previously assumed – if voters don’t ditch it this fall. A new analysis from the state Department of Revenue shows Washington’s high-earner income tax will be paid by thousands of additional households and produce hundreds of millions of dollars more than previously assumed – if voters don’t ditch it this fall. 

]]> http://www.tricitiesbusinessnews.com/articles/8273 Thu, 13 Aug 2026 21:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/wa-revenue-officials-income-tax-will-bring-in-more-money-than-first-expected MinimumWage_money Two Tri-City companies among fastest growing U.S. companies A law firm and a wealth management company based in the Tri-Cities once again have made a list of the 5,000 fastest growing companies in the country. A law firm and a wealth management company based in the Tri-Cities once again have made a list of the 5,000 fastest growing companies in the country. 

]]> http://www.tricitiesbusinessnews.com/articles/8247 Tue, 11 Aug 2026 21:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/two-tri-city-companies-among-fastest-growing-us-companies Awards.jpg Gesa commits upward of $75K to Spokane wildfire support Gesa Credit Union has donated $25,000 and is committing an additional $50,000 to support those affected by the wildfires that have devastated Spokane’s Westside and Northside areas this past weekend. Gesa Credit Union has donated $25,000 and is committing an additional $50,000 to support those affected by the wildfires that have devastated Spokane’s Westside and Northside areas this past weekend. 

]]> http://www.tricitiesbusinessnews.com/articles/8207 Tue, 04 Aug 2026 21:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/gesa-commits-upward-of-75k-to-spokane-wildfire-support Gesa Credit Union WA education savings plan sees growth Washington’s official investment education savings plan has seen strong growth in the last year, demonstrating an increased demand by families to save for their childrens’ education and career goals. Washington’s official investment education savings plan has seen strong growth in the last year, demonstrating an increased demand by families to save for their childrens’ education and career goals. 

]]> http://www.tricitiesbusinessnews.com/articles/8164 Sun, 26 Jul 2026 21:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/wa-education-savings-plan-sees-growth RHS-grad-2 Gesa Credit Union to acquire Salem-based bank Gesa Credit Union has entered an agreement to acquire a Salem, Oregon-based community bank. If approved, the acquisition would establish Gesa’s first Oregon branches. Gesa Credit Union has entered an agreement to acquire a Salem, Oregon-based community bank. If approved, the acquisition would establish Gesa’s first Oregon branches.  

]]> http://www.tricitiesbusinessnews.com/articles/8157 Wed, 22 Jul 2026 21:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/8157-gesa-credit-union-to-acquire-salem-based-bank Gesa Credit Union Company upgrades HAPO’s Flash Cube building display A Utah-based sign and display company behind marquee signs on the Las Vegas Strip and videoboards at college and professional stadiums has given a feature of a landmark Tri-Cities building a glow up. A Utah-based sign and display company behind marquee signs on the Las Vegas Strip and videoboards at college and professional stadiums has given a feature of a landmark Tri-Cities building a glow up. 

]]> http://www.tricitiesbusinessnews.com/articles/8145 Thu, 16 Jul 2026 21:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/company-upgrades-hapos-flash-cube-building-display Flashcube You can’t control the economy, but you can control this The economy will keep doing what economies do. It will surprise you and worry you, and that’s not going to change. What can change is how prepared you are when it does. The economy will keep doing what economies do. It will surprise you and worry you, and that’s not going to change. What can change is how prepared you are when it does. 

]]> http://www.tricitiesbusinessnews.com/articles/8082 Mon, 13 Jul 2026 11:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/gray-july-2026 KevenGray.jpg WA AG settles with Cash App over unemployment benefits fraud A popular smartphone app used for sending and receiving money will pay nearly $22 million to settle investigations regarding fraudulent unemployment benefit deposits and failures to protect consumers from fraud. A popular smartphone app used for sending and receiving money will pay nearly $22 million to settle investigations regarding fraudulent unemployment benefit deposits and failures to protect consumers from fraud. 

]]> http://www.tricitiesbusinessnews.com/articles/8134 Sun, 12 Jul 2026 21:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/wa-ag-settles-with-cash-app-over-unemployment-benefits-fraud glasses-1052023_1280 (1).jpg Report shows impact of workplace-based financial education New research has shown that employees who participated in workplace-based financial education programs had stronger financial knowledge and capability than those who didn’t. New research has shown that employees who participated in workplace-based financial education programs had stronger financial knowledge and capability than those who didn’t.  

]]> http://www.tricitiesbusinessnews.com/articles/8110 Wed, 08 Jul 2026 21:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/report-shows-impact-of-workplace-based-financial-education Money bills wages inflation salary Portland-based accounting firm joins CliftonLarsonAllen An accounting firm with clients across Oregon and Washington state has joined one of the nation’s largest accounting firms, which also maintains an office in the Tri-Cities. An accounting firm with clients across Oregon and Washington state has joined one of the nation’s largest accounting firms, which also maintains an office in the Tri-Cities. 

]]> http://www.tricitiesbusinessnews.com/articles/8074 Thu, 02 Jul 2026 21:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/portland-based-accounting-firm-joins-cliftonlarsonallen MinimumWage_money Investment firm shuttered following allegations of misappropriated funds A Wenatchee-based private equity firm with an office in the Tri-Cities is now in receivership after state regulators allege its officers misappropriated investments through actions including making Ponzi-like payments and its founder using nearly $780,000 to pay for items such as a boat slip and down payments on a vehicle and private home. A Wenatchee-based private equity firm with an office in the Tri-Cities is now in receivership after state regulators allege its officers misappropriated investments through actions including making Ponzi-like payments and its founder using nearly $780,000 to pay for items such as a boat slip and down payments on a vehicle and private home. 

]]> http://www.tricitiesbusinessnews.com/articles/7895 Thu, 21 May 2026 21:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/investment-firm-shuttered-following-allegations-of-misappropriated-funds Equilus Kennewick bans cryptocurrency kiosks ty@tcjournal.biz Kennewick has banned kiosks that allow individuals to buy and trade various cryptocurrencies. Kennewick has banned kiosks that allow individuals to buy and trade various cryptocurrencies. 

]]> http://www.tricitiesbusinessnews.com/articles/7818 Thu, 14 May 2026 11:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/kennewick-bans-cryptocurrency-kiosks Crypto-Machine Banner Bank parent acquires WA commercial bank The parent company of Walla Walla-based Banner Bank is bringing another Washington state financial institution into its fold. The parent company of Walla Walla-based Banner Bank is bringing another Washington state financial institution into its fold. 

]]> http://www.tricitiesbusinessnews.com/articles/7794 Tue, 05 May 2026 21:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/banner-bank-parent-acquires-wa-commercial-bank Banner Bank Alternate Top credit rating agency puts Washington on notice Washington got a clear warning that its reliance on reserves and one-time maneuvers to balance the budget endangers the state’s strong credit rating, which could worsen financial challenges. Washington got a clear warning that its reliance on reserves and one-time maneuvers to balance the budget endangers the state’s strong credit rating, which could worsen financial challenges.

]]> http://www.tricitiesbusinessnews.com/articles/7767 Sun, 26 Apr 2026 21:00:00 -0400 https://www.tricitiesbusinessnews.com/articles/top-credit-rating-agency-puts-washington-on-notice Capitol-in-Olympia-with-Sun Banking & Wealth Management Briefs – February 2026 Banking & Wealth Management Briefs – February 2026 Banking & Wealth Management Briefs – February 2026


]]> http://www.tricitiesbusinessnews.com/articles/7456 Thu, 12 Feb 2026 12:00:00 -0500 https://www.tricitiesbusinessnews.com/articles/7456-banking-and-wealth-management-briefs-february-2026 Briefs.jpg As pennies disappear, Washington must address how retailers make change When the federal government stopped making pennies, it left it up to states to decide how retailers deal with the change.In Washington, lawmakers are trying to come up with a uniform approach for merchants that is easy to understand for consumers. When the federal government stopped making pennies, it left it up to states to decide how retailers deal with the change.

In Washington, lawmakers are trying to come up with a uniform approach for merchants that is easy to understand for consumers.

]]> http://www.tricitiesbusinessnews.com/articles/7433 Thu, 12 Feb 2026 12:00:00 -0500 https://www.tricitiesbusinessnews.com/articles/as-pennies-disappear-washington-must-address-how-retailers-make-change These are the states where incomes grew the most, least in recent decades khardy@stateline.org Household incomes have grown in nearly every state over the past 50 years, but a new study concludes that growth has been uneven across the country. Household incomes have grown in nearly every state over the past 50 years, but a new study concludes that growth has been uneven across the country.

]]> http://www.tricitiesbusinessnews.com/articles/7406 Thu, 12 Feb 2026 12:00:00 -0500 https://www.tricitiesbusinessnews.com/articles/state-incomes-growth StatePerc Paid and volunteer boards shape bank, credit union leadership ty@tcjournal.biz While CEOs and other executives are often the most well-paid and public faces at the top of financial institutions, they are beholden to those who sit in the board room and scrutinize their institution’s financial performance, potential risks and long-range goals for growth. While CEOs and other executives are often the most well-paid and public faces at the top of financial institutions, they are beholden to those who sit in the board room and scrutinize their institution’s financial performance, potential risks and long-range goals for growth.

]]> http://www.tricitiesbusinessnews.com/articles/7405 Thu, 12 Feb 2026 12:00:00 -0500 https://www.tricitiesbusinessnews.com/articles/tc-bank-credit-union-boards TRICU-board