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Financial Services

Bank of Idaho on the move again, this time to Nampa (access required)

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Bank of Idaho is continuing to live up to its name by expanding to Nampa, after expanding to Boise earlier this year. The bank has announced plans to enter the Nampa market, starting out with a loan production office (LPO) ...

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Skip Oppenheimer: Idaho’s voice on the Federal Reserve (access required)

Idaho business executive Arthur “Skip” Oppenheimer recently pulled back the curtain a bit on the workings of the Federal Reserve System, an organization that he has come to know intimately for nearly four years. Oppenheimer, a former director of the ...

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STCU’s Rathdrum branch delayed until 2020 (access required)

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A new Rathdrum branch for the STCU credit union will be delayed until next year. The Liberty Lake, Washington-based credit union, which will have a total of 24 branches in eastern Washington and Idaho, had originally announced the branch in ...

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Equifax to pay up to $700M in data breach settlement

NEW YORK (AP) — Equifax will pay at least $700 million — and potentially much more — to settle lawsuits over a 2017 data breach that exposed the Social Security numbers and similar sensitive information of roughly half of the U.S. population. ...

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Crapo might schedule pot banking hearing after all (access required)

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In what may be a shift in direction, Sen. Mike Crapo, chair of the Senate Banking, Housing and Urban Affairs Committee, has indicated he might soon schedule hearings on a bill that would let bankers serve legal marijuana businesses. Crapo told ...

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Wells Fargo merges Idaho commercial, business lines

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As part of a nationwide streamlining expected to result in a 10% reduction in headcount, Wells Fargo Bank has merged its business and commercial banking lines in the Idaho region under one manager. “We’ve had, historically, two lines of business: ...

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