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Financial Services

Small business group, health insurers disagree on new health exchange board (access required)

An Idaho small business group is raising concerns that the state’s three large insurance companies could have too large a hand in how Idaho creates a new health insurance exchange. The exchange, part of the 2010 federal health care reform, ...

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Defaults drop in September (access required)

Home mortgage default filings fell 40 percent in Ada and Canyon counties combined in September, after jumping by a third a month earlier. Idaho Data Providers reported Ada County defaults fell 54 percent, from 342 in August to 156 in ...

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Two Idaho banks get $120M in federal small business loan funds (access required)

The U.S. Treasury Department has given two community banks with branches in Idaho a combined $120 million targeted for small business loans. The money, part of nationwide plan, is an effort to increase lending and access to capital, but in ...

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Home Fed to close branches, trim mortgage unit (access required)

Nampa-based Home Federal Bancorp, which operates 34 branch offices and employs nearly 400, announced plans to close six branches and downsize its mortgage operation. Four of the six branches to be closed by Jan. 5 are in Oregon, where Home ...

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Foreclosure starts rise in August (access required)

Foreclosure starts increased more than 50 percent in Ada County and slightly in Canyon County in August after declining during most of the spring and early summer, Idaho Data Providers reported. Ada County averaged 284 default notices per month from January through ...

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Unemployment bond issue nets low interest rate (access required)

A new bond issue will save Idaho money. An issue of bonds to repay a federal loan to the Idaho Department of Labor was scheduled to close Aug. 31. On the closing date, investors pay for the bonds and the ...

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Former Syringa CEO Aldape returns to banking after short retirement (access required)

Jerry Aldape, who last year retired as president of Syringa Bancorp while it was in trouble, has returned to the industry with D.L. Evans Bank. Aldape would not say much about Syringa, instead focusing on his new job as a ...

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Study gives Idahoans high marks for making their car payments

The rate of late payments for auto loans dropped further in the second quarter of the year, helped by low interest rates and improved car sales. That’s good news for prospective car shoppers, who should be able to find auto ...

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On brutal Wall Street day, Micron is a heavily traded loser

Micron Technology Inc. was the eighth most active stock on the Nasdaq Stock Market as of the close of the market on Thursday, Aug. 18, according to Yahoo Finance. It was a day in which U.S. stocks took a severe ...

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