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Financial Services

Late-payment rate on mortgages fell in 2Q

Homeowners are doing a better job of making timely mortgage payments, a trend that brought down the national late-payment rate on home loans in the second quarter to the lowest level in five years. The percentage of mortgage holders at ...

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New ‘deal flow report’ will track business deals (access required)

The Idaho Technology Council is looking to track and report new deals, investments, mergers and other financing in Idaho, in hopes that such data could encourage more investment in the state.

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Department of Finance seeing more people doing business in Idaho (access required)

More people  and companies want to work in the financial services industry in Idaho, according to licensing and filing data from the Idaho Department of Finance. Over the past 12 months, the department saw a 3 percent increase in business ...

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New workforce training grants offered to Idaho schools (access required)

The Idaho Department of Labor is trying out new workforce training grants that would offer subsidies to create training programs for entire industries, not just offer rewards for single companies.

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Bankcda acquiring AmericanWest’s Kellogg bank branch (access required)

Bankcda will open its third branch when it acquires AmericanWest Bank’s Kellogg location on Aug. 26. The branch has $25 million in deposits and $3 million in loans. An AmericanWest official said the Spokane-based  AmericanWest is acquiring several banks in ...

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Feds eyeing tighter rules on bank fees (access required)

Federal regulators are scrutinizing bank overdraft policies over concerns that financial institutions are inflating fees, in part by cashing checks based on amount rather than the order in which they are presented for payment. The newly created Consumer Financial Protection ...

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Bright forecast for economy: Accountants see reasons for optimism (access required)

Anyone doubting the vibrancy of our economy should talk to their CPA. “Accountants and business leaders are more optimistic over the last couple of quarters about expectations for the economy,” said William E. Balhoff, vice chairman of the American Institute ...

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