Idaho Business Review IBR

Washington Federal Bank’s headquarters will remain in Seattle, but the bank is expanding back-office operations in Idaho because of lower costs. “The bank realized that continuing to house our back-office operations in Seattle was not going to be cost-efficient,” said ...

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Idaho Central Credit Union has bought property in a planned Pocatello-area development, but doesn’t have specific plans for the property yet. “The property is 1.58 acres,” said Laura Smith, director of public relations for the Chubbuck-based credit union, the largest ...

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Funding for the federal Export-Import Bank is scheduled to come up in September and shouldn’t face some of the opposition it dealt with the last time, said Rep. Mike Simpson, R-Idaho. “I don’t think it’s going to be a heavy ...

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Banner Bank is closing its Sandpoint branch and transferring its accounts there to Spokane Teachers Credit Union (STCU), a Washington-based credit union with six branches in Idaho. “We have reached an agreement to sell the loans and deposits of our ...

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Icon Credit Union is opening a Weiser branch inside the Ridley’s Family Market currently under construction — the community’s first credit union since 2015. The full-service branch will let customers open new accounts and apply for consumer, mortgage and business loans. ...

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Correction: This story has been updated to correct the number of digital bankers. There will be 250, not 200. The story also incorrectly stated that personal bankers are not available in Boise. A new banking app from Umpqua Bank will ...

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A surprising number of Idaho companies could be eligible for a tax credit on research and development activities. Formally known as the Research & Experimentation Tax Credit, but commonly known as the R&D Tax Credit, it was initially set up ...

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Last year was generally a good one for Idaho banks, but U.S. Bank is still shutting down a number of branches in the state. “In broad terms, Idaho’s economy, families and business had a good 2018 financially, and that’s reflected ...

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For the second year in a row, a third of the startups presenting at the annual Investors Choice conference in Salt Lake City were from Idaho. Did it work? It’s too soon to tell for 2019 — it generally takes a ...

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Angel investors want to fund companies, but startups need to prove that they deserve the money, and to do that, they need to have their stuff together. That’s according to Kevin Learned, partner with Loon Creek Capital in Boise, who ...

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