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Financial Services

Chase adds business banking staff (access required)

Chase Bank has hired two relationship managers from other local banks in its business banking division in Idaho as part of an effort to increase services for mid-sized companies. Tammy Chavez is a former vice president in business banking with ...

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Bill would ease regulatory burden on community banks

The U.S. House of Representatives is considering a bill that would roll back provisions of the Dodd-Frank financial reform act and give community banks greater ease in raising capital and issuing mortgages. The legislation comes as federal regulators are finally ...

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MWI posts higher profits, revenues

Profits and revenues at MWI Veterinary Supply both increased by more than 10 percent in the first quarter of 2013, the Boise-based company reported May 2. The company reported $15.1 million in net income from January to March, up 14.6 ...

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A word with Kevin Learned: ‘The more capital you have, the more people will see uses for it’ (access required)

  Kevin Learned left the Idaho Small Business Development Center to become director of Boise State University’s Venture College program, which starts this fall. Learned co-founded Learned-Mahn, a computer software company that was sold in 1994. He was an associate ...

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U.S. Bank has luxury of two Idaho leaders for now (access required)

Two months into his job as community regional president for U.S. Bank, Joel Hickman said he’s embraced the culture of the new bank and appreciates the help of the incumbent. Hickman, the former Idaho district president for Key Bank, joined ...

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Credit unions seek change to rules on capital (access required)

Having successfully lobbied for expanded membership and commercial lending, the credit union industry is heading back to Congress to try to win new rights to raise capital, including taking on debt. The move comes as some of the nation’s fastest-growing ...

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Idaho foreclosures keep dropping

The number of Idaho homes with foreclosure filings in March dropped by 8 percent from February, continuing a steady decrease. Idaho now ranks 21st in the country in foreclosure activity, with one out of every 1,203 houses undergoing some form ...

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Credit union group names new president (access required)

The Idaho Credit Union League will replace retiring president and CEO Alan Cameron with Chris Johnson, a lawyer who has worked with Freddie Mac and the Credit Union National Association. Johnson will join the Credit Union League on June 3 ...

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United Heritage acquires California insurance company (access required)

United Heritage Financial Group has acquired more than 94 percent of the California-based Merced Property & Casualty Co., a move that will allow United Heritage to enter the California market for property and car insurance. The deal, announced April 1, ...

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Idaho banks among lowest for interest rate yields

A website that compares interest rates across the United States shows Idaho near the bottom for certificates of deposits and savings accounts. Local banks in Oklahoma and Rhode Island offer about twice Idaho’s rates. GoBankingRates.com uses a database of more ...

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