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Financial Services

Idaho First Bank adding downtown Boise branch (access required)

Idaho First Bank will open a new branch in downtown Boise focused on commercial lending for small businesses and entrepreneurs. Idaho First, based in McCall, purchased a former Bank of the Cascades building at the corner of 12th and Idaho ...

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Mountain West Bank to build new financial center at The Village at Meridian (access required)

Mountain West Bank plans to open a new financial center at The Village of Meridian. Mountain West will open an 11,500-square-foot building in December 2014 at the new development on the corner of Eagle Road and Fairview Avenue, said President ...

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S Corps help companies avoid corporate taxes (access required)

Since Japan lowered its corporate income tax rate to 38.01 percent in 2012, the United States has a dubious distinction among global economies: the planet’s highest corporate tax rates. With the federal tax rate hitting 35 percent and Idaho tacking ...

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Schwab expands downtown Boise office (access required)

Investment firm Charles Schwab Corp. has expanded its downtown Boise footprint, taking over space left open by the closing of Steve Rambo Jewelry at the corner of Main and 9th streets. The firm added 1,800 square feet of space, which ...

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Tax overhaul could trim business improvement tax write-offs (access required)

Tax reform advocates in Congress are weighing a number of changes to reduce the amount the government spends through the tax code, including one that could shake up how businesses across the country invest in capital improvements, from upgrading a ...

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Federal regulations cut into profits, say community bank leaders (access required)

New banking regulations stemming from post-recession federal banking reforms could reduce lending and cut into bank profits, say Idaho community bank presidents. Smaller banks will have to increase staff to keep up with new rules. Those employees will add to ...

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More firms choosing captive insurance

Facing high insurance rates and expanding coverage gaps, businesses are forming internal insurance companies with just one client: themselves. Affordable Care Act mandates and difficulty obtaining hurricane insurance are among the factors behind the recent push toward captive insurance, in ...

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Home Fed merging with Bank of the Cascades, not Banner (access required)

A month after agreeing to merge with Banner Bank, Nampa-based Home Federal Bank is now set to merge with Bank of the Cascades, creating a combined bank with $2.4 billion assets in Oregon and Idaho. The deal with Bank of ...

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Financial institutions partnering to make fewer people ‘unbanked’ (access required)

Ten Idaho banks and credit unions will soon start offering classes that could help people who can’t get a checking account no longer be “unbanked.” The Bank On program, which launched in August in partnership with the United Way of ...

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