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Financial Services

Idaho Central Credit Union acquires 50-acre Meridian Elks Rehab property (access required)

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Idaho Central Credit Union has acquired more than 50 acres of prime development land in Meridian for a regional mortgage and call center. The acquisition could presage a new burst of development in the area. The parcel is located along ...

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Idaho Credit Union League formalizes NWCUA merger

The merger between the Idaho Credit Union League (ICUL) and the Northwest Credit Union Association (NWCUA) is now final after a positive vote from a majority of its 184 members. The organization, which now represents credit unions from Oregon and Washington ...

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Are you ready for video banking? (access required)

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It’s still a nascent technology, but Idaho financial institutions are looking into video banking. Video banking falls into three categories: interactive teller machines (ITMs) that include video in the ATM, video in the branch office, and online video via smartphone ...

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Trade war, big profits, wild swings: a look at 2018 markets

Wall Street started 2018 strong, buoyed by a growing economy and corporate profits. It didn’t end that way. U.S. stocks climbed to new highs in January, shook off a sudden, steep drop by spring and rode a wave of tax ...

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Study: Small banks are spending more on compliance (access required)

A new study found that nearly all small banks are spending more on compliance due to legislation, forcing institutions to reconsider offering certain products such as mortgages and overdraft protection. The study by the Mercatus Center at George Mason University ...

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New credit scores are coming soon (access required)

FICO is releasing a new version of its credit score this summer. While the company behind the credit rating isn’t revealing details of the changes yet, the updated rating will likely become a part of Idaho lenders’ decision making when ...

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