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Financial Services

Katching up with Kount

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Historically hidden in the back office, Boise’s Kount is stepping into the forefront, not only figuratively but literally. Kount, now with 158 employees tucked in the Lusk Neighborhood near Boise State University, is in the process of remodeling a new ...

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U.S. Bank to lay off 1 percent of workforce; Idaho effect uncertain (access required)

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Like Wells Fargo earlier this fall, U.S. Bancorp, which operates in Idaho and other states as U.S. Bank, said it plans to lay off a number of workers, approximately 1 percent of its total workforce of 74,000. The Minneapolis-based bank ...

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First Interstate buys Idaho Independent, Community 1st banks

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Continuing its plan to dominate the Northwest, First Interstate BancSystem has acquired not one but two Idaho banks, in addition to the two it had previously acquired. The Billings, Montana-based company announced Oct. 11 that it had acquired Idaho Independent ...

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Single Idaho credit union granted CDFI funding

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Another Idaho credit union has been certified as a Community Development Financial Institution (CDFI), and in addition was the only one receiving a Treasury Department grant during the most recent round of funding. The new CDFI is Freedom Northwest Credit ...

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Idaho credit unions among most successful in U.S. (access required)

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Idaho credit unions are among the most successful in the country, according to second-quarter results from the National Credit Union Association and analysis from the Northwest Credit Union Association. Idaho scored the highest in the nation in median annual asset ...

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U.S. Bank competes with payday lenders (access required)

In an attempt to encourage low-income people to use traditional banking rather than more costly alternatives such as payday lending, U.S. Bank has announced Simple Loan, a short-term, small-dollar lending program. With Simple Loan, U.S. Bank checking account customers can ...

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