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Financial Services

First Interstate Bank hires Kelley Groth

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Kelley Groth was recently hired by First Interstate Bank as Small Business Administration government lending manager. In this role, she will be responsible for overseeing the company’s SBA lending program. With more than 15 years working with SBA lending programs, her ...

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Amy Ashcraft, Rocio Rivera promoted at Mountain West

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Mountain West Bank has promoted Amy Ashcraft to assistant vice president and branch manager at its Nampa 12th Ave. office. A 26-year veteran of the banking industry, she joined Mountain West Bank in 2005 as the Nampa 12th Ave. branch ...

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SEC expands definition of ‘accredited investor’

As we hope you all know, any time a real estate developer or issuer takes money from a person or entity that will not be an active participate in the efforts to make the endeavor profitable, then that money raised ...

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Idaho First Bank opens full-service Nampa branch (access required)

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Just eight months after opening a loan processing office in Nampa, Idaho First Bank has upgraded to a full-service branch, and a new (to it) building to boot. “The bank has been so well received by our customers,” said Chris ...

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Proposed rule would keep banks from limiting industries (access required)

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In 2018, after a series of mass shootings, several national banks instituted policies limiting the ability of companies doing business with the banks to participate in the firearms business. Other banks have instituted other limitations on businesses such as oil ...

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Idaho has few bankruptcies compared with rest of West (access required)

The pandemic-induced recession has begun to show its teeth for bankruptcy, but not for Idaho. Nationally, bankruptcy cases have continued their unusual pattern of lower Chapter 13 and Chapter 7 filings counterposed with elevated Chapter 11 filings compared to prior ...

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MoFi announces COVID loan program for businesses (access required)

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A Northwest organization that lends money to help small businesses start, and was a major participant in federal programs to loan money to businesses affected by the COVID-19 economic disruption, has started a new COVID-19 loan program. MoFi, formerly known as ...

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Ken Johnson appointed as retail branch manager

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Ken Johnson has been appointed as retail branch manager for the Twin Falls Blue Lakes branch of D.L. Evans Bank. Johnson joins D.L. Evans Bank after serving in the banking industry over ten years, helping open accounts, process loans, and ...

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Brandee Schuelke joins The Helmstar Group

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Brandee Schuelke has joined The Helmstar Group as a senior financial planner. Schuelke will provide planning and analysis support to lead advisors. With over 18 years of experience in the financial services industry, Schuelke has a bachelor’s degree from Boise ...

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You aren’t going to be able to find a bank branch in Filer (access required)

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FILER, ID – Filer will no longer have a bank. The south central Idaho city — 47th largest in the state as of 2017, with a population of 2,851 as of 2018 — will lose its single U.S. Bank branch ...

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