As part of a nationwide streamlining expected to result in a 10% reduction in headcount, Wells Fargo Bank has merged its business and commercial banking lines in the Idaho region under one manager. “We’ve had, historically, two lines of business: ...

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As many as one in three households in the U.S. have a family member with special needs, but it can be difficult to figure out how to finance their care without jeopardizing funding they receive. That’s where banks and other ...

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A recent entrepreneurial event sponsored by the Idaho Technology Council was notable for what it didn’t say: all three entrepreneurs on the panel were women, and their businesses are geared toward women. The ITC didn’t set out to have an ...

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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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Wells Fargo Bank is initiating another round of staff reductions, but it is not clear yet where they will be and to what degree they will affect Idaho. “The company expects headcount to decline by approximately 5 to 10 percent ...

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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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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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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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Bank deposits in the Treasure Valley declined over the past year while they increased slightly across the state, according to Federal Deposit Insurance Corp. data. The state also lost 11 bank branches, primarily due bank mergers. The state’s three biggest ...

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Zions Bank once again made the most U.S. Small Business Administration loans in the Boise District during the past year, though Wells Fargo lent slightly more money, $12.6 million, in the SBA’s 7(a) and 504 loans from last October through ...

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