Dirk Stanger has joined D.L. Evans Bank as a vice president commercial loan officer for the Rigby branch. He has 13 years of financial experience and holds a bachelor’s degree in business management and finance from Brigham Young University – ...Read More »
COVID-19 small business loan program already broke
Less than two weeks after it launched, the CARES Act’s $350 billion has already been allocated, leaving many businesses— including some in Idaho — out in the cold. On March 27, President Donald Trump signed the federal Coronavirus Aid, Relief, and Economic ...
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Could working from home impose new state tax liabilities?
The flurry of stay-at-home orders imposed recently by most state governors could create a tax problem, but it isn’t clear how much of an issue it could be in Idaho. The problem is “nexus.” When a company has a “nexus” ...Read More »
CARES Act loans coming through for Idaho small businesses
Henry Yun, owner of Green Leaf Cleaners, an eco-friendly dry cleaner in Eagle, was relieved when his loan from the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act program came through this week. “The survival of my business was completely ...
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Idaho financial institutions plan to construct new buildings
This article was updated on April 8 to correct the name of a project. Despite the COVID-19 coronavirus that is leading banks and credit unions all over the country to limit their on-site services, two Idaho-based financial institutions are planning ...
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Nampa urban renewal agency saves almost $5 million on bond refinance
Just like refinancing a mortgage can save a homeowner money, refinancing municipal bonds can save a city or other municipal organization money. In the case of the Nampa Development Corp. (NDC), the city’s urban renewal agency, that amounted to almost ...
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Idaho financial institutions deal with COVID-19 coronavirus
In response to COVID-19, a number of banks and credit unions are taking steps to protect their customers and employees, including converting to drive-thru only, limiting hours and closing some branches. “We are hearing from both credit unions and banks ...
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How will the Federal Reserve Bank’s actions affect Idaho?
Over the weekend, the Federal Reserve Bank took bold action in response to the COVID-19 outbreak, including cutting interest rates to 0% — a move a number of regional finance experts said should help the economy. “The actions by the FRB will benefit ...
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Fund teaches entrepreneurs about funding strategies
A Boise investment fund is telling startups how to fail, in hopes that they will succeed. Sage Growth Capital, a revenue-based fund paid back from revenues of the companies it invests in, held a seminar, Funding Fails, at Trailhead on ...
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A word with Patti Perkins, director of the Idaho Department of Finance
Patti Perkins has had a varied career that includes leadership roles in banking, human resources and now government as the new director of the Idaho Department of Finance. Perkins, who most recently ran her own HR consulting company, took on ...
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