Although marijuana is now legal in a number of states, companies that sell it can’t use banks and credit unions to store funds. Banking association officials from all 50 states – including Idaho – are working to change that by ...Read More »
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 »
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 »
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 ...Read More »
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 ...Read More »
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. ...Read More »