Finance/Investment

US Labor Department announces availability of grants to develop portable retirement savings plans for low-wage workers

Aug 25th, 2016 | By

Provides support to understand retirement security; overcome obstacles to saving WASHINGTON – In an important step forward to help workers – especially low-wage workers – adapt to the changing nature of America’s workplace, the U.S. Department of Labor today announced the availability of approximately $100,000 in funding through the new Portable Retirement Benefits Planning grant program.
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SBA Introduces Online Tutorials for Small Businesses Seeking Federal R&D Funding

Aug 11th, 2016 | By

Press Release The U.S. Small Business Administration released its highly anticipated Small Business Innovation Research (SBIR)online tutorials to help small businesses navigate the SBIR program. The site provides users with a mobile-compatible site to learn about the program through a combination of videos and text. This platform will provide accessible program information and training resources
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Kantor launches Headwater Capital, closes $3.5M investment in firm’s initial CRE property

Aug 11th, 2016 | By
Robert Kantor of Headwater Capital.
Submitted photo.

Press Release KETCHUM – Headwater Capital, Inc. (www.headwatercapital.com), a private equity firm specializing in long-term, secure cash flow from commercial real estate, today announced the firm’s launch and its flagship property investment Olio Pavilion, LLC. The firm, led by co-founder and CEO Robert Kantor, secured $1,725,000 from investors and arranged financing from A 10 Capital for the
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Idaho ranks 12 in nation for fiscal health

Jun 6th, 2016 | By
Mercatus Idaho

By Sarah Glenn For the Journal The Mercatus Center at George Mason University released it’s 2016 fiscal health rankings today, showing that Idaho is doing just fine fiscally. Since last year’s report, the state even moved up in the ranks by three spots. “Idaho’s fiscal position is strong,” the report says. This is the second year
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FDIC Announces $190 Million Settlement of Residential Mortgage-Backed Securities Claims with Eight Financial Institutions

Jun 2nd, 2016 | By

FDIC Press Release Washington, D.C. – The Federal Deposit Insurance Corporation (FDIC) as receiver for five failed banks today announced a $190 million settlement of certain residential mortgage-backed securities (RMBS) claims with Barclays Capital Inc.; BNP Paribas Securities Corporation; Credit Suisse Securities (USA) LLC; Deutsche Bank Securities Inc.; Edward D. Jones & Co., L.P.; Goldman,
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US consumer spending scores biggest jump in 6 years

May 31st, 2016 | By
Consumer Spending Credit Card

By Martin Crutsinger AP Economics Writer WASHINGTON — Consumer spending surged in April by the largest amount in more than six years, led by a big jump in purchases of autos and other durable goods. Consumer spending rose 1 percent last month after a flat reading in March, the Commerce Department reported Tuesday. Incomes were
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Poll: Two-thirds of US would struggle to cover $1,000 crisis

May 20th, 2016 | By
Empty Wallet/FreeImages

By KEN SWEET, The Associated Press and EMILY SWANSON, The Associated Press NEW YORK  — Two-thirds of Americans would have difficulty coming up with the money to cover a $1,000 emergency, according to an exclusive poll released Thursday, a signal that despite years after the Great Recession, Americans’ finances remain precarious as ever. These difficulties
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‏Idaho Central Credit Union named ‘Best Place to Work in Idaho’

Apr 25th, 2016 | By
Idaho Central Credit Union employees stand outside the Yellowstone branch at its grand opening last week in Pocatello. (Photo courtesy of ICCU)

By Sarah Glenn/Idaho State Journal CHUBBUCK — Idaho Central Credit Union has again been recognized as the “Best Place to Work in Idaho” for businesses with more than 100 employees. It’s the fourth time in as many years that ICCU has received the honor. The Chubbuck-based business is one of only two in southeastern Idaho
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Low wages mean little financial security for Idahoans

Feb 4th, 2016 | By

By Cydney McFarland cmcfarland@journalnet.com Low-income jobs have defined the economic landscape in Idaho, according to a report from the Corporation for Enterprise Development, and that is leading to financial strife for residents. Idaho’s low wages have left 45.5 percent of households in a perpetual state of financial insecurity, which, according to the CFED report, means
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On the rise:Local financial institutions experience growth

Feb 2nd, 2016 | By
Doug Lindley/Idaho State Journal
The new branch of Idaho Central Credit Union, located on Yellowstone Avenue in Pocatello, is set to open in April.

By Vanessa Grieve vgrieve@journalnet.com   Area financial institutions reported positive signs of growth on the eastern side of the state.   This past July, Jeff Newgard became president and chief executive officer for the Bank of Idaho. Newgard, who moved to east Idaho from Yakima, Washington, is passionate about community banking.   The current climate
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