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Financial Services

Clint Gillum joins Columbia Bank in Inland Northwest

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Columbia Bank announced that Clint Gillum has joined the bank as a senior vice president, retail market manager for the Inland Northwest, a region that spans eastern Washington and eastern Oregon, as well as northern and southern Idaho, and includes ...

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Idaho businesses receive $97 million in new PPP funding (access required)

In just the first reporting period of the newest round of Paycheck Protection Program loans from the federal government, Idaho businesses received 1,179 loans totaling more than $97 million, according to the Small Business Administration, which administers the program. In ...

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Idaho lawmakers want investment money out of Twitter, others

BOISE, Idaho (AP) — A group of conservative Idaho lawmakers is asking managers of the state’s employee retirement system to divest in tech companies the lawmakers say don’t value free speech. The 22 Republican lawmakers and Republican Lt. Gov. Janice ...

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Once braced for worst, middle market hopes for rebound

More than nine months since the pandemic arrived in the U.S., communities and businesses are still learning how to live and work safely, even as the threat of the virus still casts a shadow over the U.S. economy. At this ...

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Second round of PPP funding becomes available in Idaho (access required)

Idaho businesses affected by COVID-19, get ready: The federal government’s Payroll Protection Program is cranking up again. Small businesses say they desperately need the money. “In a survey of 10,325 small business owners nationally, from January 9 through January 12, ...

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Drake Cooper touts employee ownership, especially now (access required)

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Boise-based advertising company Drake Cooper has announced it is now 100% employee-owned, meaning each of its approximately 50 employees has been gifted stock shares of the privately held business. CEO Jamie Cooper says this creation of an Employee Stock Ownership ...

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Economist: ‘It will be different’ as Idaho economy rebounds (access required)

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Despite continuing hardships from 2020, local finance and economy experts are optimistic about some aspects going into 2021. Moreover, at the state level, Idaho is making a promising comeback, though not without a warning about current and rising housing prices ...

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Dean Cameron named president-elect of insurance organization (access required)

Idaho Department of Insurance Director Dean L. Cameron was voted president-elect of the National Association of Insurance Commissioners. The NAIC is part of the state-based system of insurance regulation in the 50 states, the District of Columbia and five U.S. ...

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Alex Aburto promoted at First Federal Bank

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First Federal has promoted Alex Aburto to business banking officer. He graduated from Utah State University in 2016, with Bachelor of Science degrees in accounting and business administration. He has several years of customer service experience, a background in commercial credit ...

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Financial institutions banking on growth in 2021 (access required)

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This article was updated on Jan. 14 to correct a title. Banks got a late Christmas present the evening of Dec. 27 from President Donald Trump when he signed a stimulus bill to extend the Payroll Protection Program into 2021. ...

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