Credit union financial reports for the first quarter were solid, with Idaho ranking first in the nation for asset growth at 6.2%. Lynn Heider, vice president of public relations for the Northwest Credit Union Association, which represents Idaho credit unions, ...

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Banner Bank is closing its Sandpoint branch and transferring its accounts there to Spokane Teachers Credit Union (STCU), a Washington-based credit union with six branches in Idaho. “We have reached an agreement to sell the loans and deposits of our ...

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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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2018 was a pretty darn good year for banking. “Idaho-headquartered banks registered a strong increase in earnings, with a 39 basis point rise in the average return on assets ratio, compared with one year prior,” said Mary Hughes, deputy director ...

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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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What makes a financial institution successful? It depends. “There is not a single factor that can explain growth,” said Lynn Heider, vice president of public relations for the NWCUA, which represents Idaho credit unions after its merger with the Idaho Credit ...

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Some issues facing credit unions nationally are not yet an issue in Idaho. The U.S. District Court for the District of Columbia on March 29 upheld two challenged portions of the field of membership rule for the National Credit Union ...

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For the first time in 25 years, the Idaho Credit Union Act is being updated to bring it more in line with current trends. The bill, S1285, modifies sections of code, originally written in 1977, having to do with the ...

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About 55 percent of Idaho residents are credit union members, according to a study called 2017 Economic Impacts of Credit Unions in Idaho by ECONorthwest. ECONorthwest found that Idaho’s credit unions spend about $283 million in compensation and other payments. ...

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It’s been a long engagement, but the Idaho Credit Union League and the Northwest Credit Union Association will marry by the end of the year – assuming at least half their 184 family members agree. The Idaho Credit Union League ...

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