Banks netted a $35.3 billion profit during the third quarter of this year, the FDIC noted today. Better loans and fewer losses from struggling borrowers helped the commercial banks and savings institutions insured by the FDIC. The third-quarter profits were an $11.5 billion improvement over…
Northwest Farm Credit Services, the Northwest’s largest farm lending cooperative, reported a $45.8 million third quarter profit. Good crop yields and high prices continued to make agriculture a bright spot in an otherwise dull economy. The results compared to a $41 million profit for the…
A merger between Horizon Credit Union and Montana First Credit Union has been approved by both credit unions’ boards. The deal should be closed by the end of the year and give the credit unions extended reach across three states. Horizon has 38,000 members, 16…
A $600,000 federal grant to Spokane’s Health For All program will be used to find and enroll teens who don’t have health insurance. There are an estimated 40,000 teens in Washington who don’t have health insurance and thus don’t go to the doctor for regular…
The Rypien Foundation is giving $3 million to help establish a children’s emergency room within Providence Sacred Heart Medical Center’s emergency department expansion. The $18.6 million project will add 24,000 square feet. It serves about 80,000 people a year. Sacred Heart officials held a groundbreaking…
AmericanWest Bank plans to buy a Seattle-based bank for $7.2 million in a move that gives the Spokane institution a larger footprint in Western Washington. Viking Bank has seven branches, assets valued at $406 million and deposits totaling $379 million. The agreement still requires federal…
View Larger Map Worth blogging here is the John Stucke story from today on expansion plans by Rockwood Clinic, of Spokane: The fast-growing clinic will open a family health care center, with three providers – including at least one physician – in a new location…
Avista is seeking to raise the price of electricity and natural gas through a series of rate filings.For the average Avista ratepayer in Eastern Washington, the request amounts to adding $10.62 to a homeowner’s monthly electric bill and another $4 a month for natural gas.…
