Idaho Business Review IBR

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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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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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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A budget approved by the U.S. House of Representatives that rescinds $142 million from the Community Development Financial Institutions (CDFI) as part of a deficit reduction package could make it harder for new Idaho homeowners to buy houses. NeighborWorks Boise ...

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It was a really good earnings quarter for banks nationwide, and Idaho’s publicly owned banks were no exception. It was, in fact, the highest quarter for quarterly net income ever, according to a representative who asked not to be named ...

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The House of Representatives on May 22 passed S.2155, a bill intended to roll back some of the regulations of the Dodd-Frank law for smaller banks, by a bipartisan vote of 258 to 159. The bill was sponsored by Idaho ...

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Banks in Idaho and nationally are closing some branches but opening new ones as they adjust to changing consumer preferences. Nationally, a number of banks, such as KeyBank and Wells Fargo, are closing branches, typically to save money, sometimes after ...

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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 ...

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 ...

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 ...