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WaFd changes name so you know it’s a bank (access required)

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Tom Van Hemelryck, region president for Washington Federal – now WaFd Bank – knew he had to change its name when he looked at the results from a focus group. Van Hemelryck recalled participants saying, ‘We didn’t know you were ...

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New type of capital investment fund comes to Idaho (access required)

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Three Idaho investors are creating a fund to invest in regional companies, particularly ones in Idaho led by women or people of color. “We are looking for companies that do not fit the traditional bank lending or venture capital (VC) ...

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US consumer borrowing posts biggest gain since late 2017

WASHINGTON (AP) — Consumer borrowing surged in July at its fastest pace since late 2017, driven by a big jump credit card use. Consumer borrowing increased by $23.3 billion in July after a $13.8 billion advance in June, the Federal ...

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Bank of Idaho on the move again, this time to Nampa (access required)

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Bank of Idaho is continuing to live up to its name by expanding to Nampa, after expanding to Boise earlier this year. The bank has announced plans to enter the Nampa market, starting out with a loan production office (LPO) ...

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Skip Oppenheimer: Idaho’s voice on the Federal Reserve (access required)

Idaho business executive Arthur “Skip” Oppenheimer recently pulled back the curtain a bit on the workings of the Federal Reserve System, an organization that he has come to know intimately for nearly four years. Oppenheimer, a former director of the ...

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STCU’s Rathdrum branch delayed until 2020 (access required)

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A new Rathdrum branch for the STCU credit union will be delayed until next year. The Liberty Lake, Washington-based credit union, which will have a total of 24 branches in eastern Washington and Idaho, had originally announced the branch in ...

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