Although marijuana is now legal in a number of states, companies that sell it can’t use banks and credit unions to store funds. Banking association officials from all 50 states – including Idaho – are working to change that by ...

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In response to the federal government furlough, a number of Idaho banks and credit unions are offering support to federal employees who need it, especially as the furlough hit the mid-January point where some employees no longer received paychecks. “The ...

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What life will be like in Idaho’s banking industry in 2019 depends a lot on what the national and global economies do. December saw the stock market edging into bear territory, the bond market teasing the inverted yield curve typically presaging ...

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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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Idaho banks continue to do well, according to statistics from the Federal Deposit Insurance Corp. (FDIC) for the most recent quarter, which ended June 30. Total assets grew to $6.3 billion, an increase of 2 percent over the previous quarter, ...

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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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If you’ve ever been to the Idaho Shakespeare Festival, you know the person announcing the night’s performance and sponsors – typically producing artistic director Charles Fee – concludes with: “And our season sponsor, for the 20th consecutive year, is …” and the ...

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One of the distinctions between banks and credit unions is that credit unions are nonprofit, meaning they are exempt from some taxes. However, on both the federal and state level there is discussion about changing this. While there has not ...

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Roseburg, Ore.,-based Umpqua Bank is moving its downtown Boise branch from Main Street to the longtime Bank of America building at Front Street and Capitol Boulevard. The new Umpqua location will open April 24 as the bank’s largest Idaho location ...

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