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Financial Services

Too risky? Fed pressed to expand aid to some businesses

WASHINGTON (AP) — With the economy still in the pandemic’s grip, the Federal Reserve is facing a decision on whether to stretch an emergency lending program in a way that could bring more risk for the government and taxpayers. Lawmakers ...

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Some federal COVID-19 loan programs winding down (access required)

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As the federal government’s Paycheck Protection Program nears its end, more than 60,000 Idaho businesses have received loans or grants from it and other programs, totaling more than $3.2 billion, according to the Small Business Administration, which administers the program. ...

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Nate Kirk joins First Federal Bank as consumer loan officer

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Nate Kirk joins First Federal Bank as a consumer loan officer at its Eastland Branch in Twin Falls. Kirk is no stranger to helping people finance the car of their dreams with over 16 years of financing experience. Kirk grew ...

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‘Pass It On:’ Columbia Bank puts businesses back to work (access required)

In the midst of the coronavirus pandemic, after the northwest banking company had given almost a billion dollars in Paycheck Protection Program loans, Columbia Bank started its Pass It On Project, a partnership with businesses in Idaho, Oregon and Washington, ...

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What role should cold, hard cash play in my wealth plan?

Investors often have a conflicted relationship with cash. In down markets, there is a temptation to flee to cash even though you may run the risk of losing out on attractive investment opportunities. In bull markets, the reverse is true: ...

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Leveraging your private banker during the COVID-19 recession

As Idaho navigates economic turbulence from the COVID-19 pandemic, it’s more important than ever for high-net-worth individuals to have a skilled private banker in their corner. A private banker can also serve as a trusted ally and guide in helping ...

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Forbes ranks top Idaho credit unions for customer service (access required)

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According to Forbes, the top five credit unions in Idaho for customer satisfaction range from small to large and local to multi-state. The youngest is a mere six and a half decades old. Only one is headquartered in the Treasure ...

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Albertsons’ first post-IPO quarterly earnings show strength (access required)

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Albertsons, the “2020 Retailer of the Year,” issued its first fiscal quarter earnings report on July 27, the grocer’s first earnings statement since becoming a publicly-traded company on the New York Stock Exchange. The results show the company holding strong in ...

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