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Financial Services

Home Fed merging with Bank of the Cascades, not Banner (access required)

A month after agreeing to merge with Banner Bank, Nampa-based Home Federal Bank is now set to merge with Bank of the Cascades, creating a combined bank with $2.4 billion assets in Oregon and Idaho. The deal with Bank of ...

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Financial institutions partnering to make fewer people ‘unbanked’ (access required)

Ten Idaho banks and credit unions will soon start offering classes that could help people who can’t get a checking account no longer be “unbanked.” The Bank On program, which launched in August in partnership with the United Way of ...

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Banks court customers who like social media (access required)

The banking industry has improved its social media presence in recent years and banks are now in a better position to reach more of their key demographic customers – young, affluent males, according to a recent Gallup survey. But right now, ...

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A word with Don Bush: ‘How do you stop fraud on the Internet?’ (access required)

Don Bush of Kount

Don Bush is the vice president of marketing for Kount, a Boise company that helps retailers manage their exposure to fraud. Bush, 50, is helping manage international expansion for Kount, and he spends much of his time flying around the ...

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San Francisco Fed president: Debt ceiling talk a dangerous game (access required)

Federal Reserve Bank of San Francisco President and CEO John C. Williams told a crowd of lawmakers and business leaders in Boise that while the current government shutdown is affecting the U.S. economy, a potential default on the federal government’s ...

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Idaho is nation’s biggest user of Treasury-backed lending program (access required)

Idaho banks and small businesses have used all $13.2 million the state received from the U.S. Treasury for a lending program that lowers the amount of collateral that businesses need for a loan. But the Idaho Housing and Finance Association ...

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Banner Bank buying Home Federal (access required)

Banner Bank is buying Nampa-based Home Federal Bank in a deal with a $197 million aggregate value. Combined, the bank will have $5.2 billion in deposits across Idaho, Oregon and Washington, making it the fourth-largest bank based in the Northwest. ...

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Citi exec works to improve small business status

When small business owners hear the name Citigroup, they’re more likely to think of a bank that caters to big corporate and international clients, not one that will serve their needs. Jerome Byers, head of Citi’s small business banking operations ...

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