Quantcast
Home / News / Financial Services (page 2)

Financial Services

Little-used federal program could help low-income Idaho credit unions expand (access required)

photo of caped credit union

Most of Idaho’s credit unions are eligible for a program to give them access to secondary capital for expansion, but only a few are trying to take advantage of it. Administered by the National Credit Union Association, the program allows ...

Read More »

Idaho credit unions show robust first-quarter results (access required)

photo of white pine credit union

Credit union financial reports for the first quarter were solid, with Idaho ranking first in the nation for asset growth at 6.2%. Lynn Heider, vice president of public relations for the Northwest Credit Union Association, which represents Idaho credit unions, ...

Read More »

Coeur d’Alene bank expanding to Post Falls

rendering of post falls coeur d'alene bancorp

Coeur d’Alene Bancorp, a three-branch bank in North Idaho, is opening a fourth branch in Post Falls this summer, funded through a $5 million private placement. The state-chartered bank was founded in 2001 and has assets of $130 million. “95% ...

Read More »

Export-Import Bank regains functioning board (access required)

photo of airplane

A confirmation logjam that had stymied international business lending since 2015 was finally broken recently when the Senate voted to confirm three new members of the Board of Directors of the Export-Import Bank, giving the organization a quorum. “The Senate ...

Read More »

U.S. Bank closing more branches, but not in Idaho (access required)

photo of us bank

While U.S. Bank CEO Andy Cecere has said that he expects the bank to close 10% to 15% of its branches, or about 450 branches nationwide, it’s unlikely that any of them will be in Idaho. “There are no more ...

Read More »

Zions Bank creates North Idaho region (access required)

photo of zions bank lewiston

Zions Bank has created a separate North Idaho region that could presage the bank’s expansion in the area. Currently, the bank, which is based in Salt Lake City, has two branches in the region: Lewiston and Moscow. That could change, ...

Read More »