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Friday, April 19, 2024

BankCDA expanding into the Spokane market

 Coeur d' Alene based financial institution, BankCDA is growing and expanding into the Spokane area for the first time. The small bank recently opened a commercial lending center at 606 N. Pines Rd. Suite 201 in Spokane Valley and now is working on opening a new full-service branch in the Five Mile neighborhood.

Building owner 5-Mile Investment Company recently applied for building permits to demo the interior of their building at 1628 W. Five Mile Rd in preparation for a future BankCDA branch there. The 3400 square foot building was previously used as Bank of America branch before becoming vacant.

According to BankCDA they are currently in negotiations for the building and intend to open a branch there later this year. The bank currently also has branch locations in Coeur d' Alene, Post Falls, Hayden and Kellogg.

For more infomation on BankCDA, visit their website at https://www.bankcda.bank