Idaho Business Review IBR

New bank branches are popping up all over Idaho, with three banks opening locations outside the Treasure Valley. Citizens Community Bank is opening a new branch in Chubbuck, scheduled to be complete in mid-2019. “The location on Quinn Road had ...

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While a change in banking law is expected to spawn more mergers and acquisitions, they aren’t likely to be more prevalent in Idaho – at least, because of that. Congress passed S.2155, the Economic Growth, Regulatory Relief and Consumer Protection ...

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In an effort to streamline its corporate structure and regulatory requirements, Zions Bancorporation is merging its holding company with its bank, and has also been declared not a “systemically important financial institution” by the Financial Stability Oversight Council. “Zions engages ...

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Idahoans will now have more opportunities to use ATMs with their smartphones rather than a card, as JPMorgan Chase joins Wells Fargo in offering the service in the state. Chase began offering the service quietly in May, after piloting it ...

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While national organizations are suggesting that banks and credit unions offer small, low-cost loans to encourage people to use financial institutions rather than payday loan companies, Idaho banks and credit unions aren’t generally adding such services. Both the Office of ...

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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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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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