Washington Federal to buy South Valley Bank

| Print |  Email
Must Reads
Thursday, April 05, 2012

Seattle-based Washington Federal plans to buy Klamath Falls-based South Valley Bancorp.

The proposed deal would give Washington Federal, a thrift specializing in home mortgages and certificates of deposits, a substantially greater presence in southern Oregon and Bend. After the deal closes, it will have about $2.1 billion of deposits in Oregon, or 3.61 percent of the market, based on June 2011 figures.
After the merger, it would have 190 locations in eight states, about $14.4 billion in assets and $9.6 billion in deposits, based on year-end 2011 financial results.

Read more at KTVZ.

{biztweet}south valley washington federal{/biztweet}

 

More Articles

Reader Input: Fair Play

May 2015
Wednesday, July 15, 2015

Former Governor John Kitzhaber's resignation in February prompted some soul searching in this state about ethical behavior in industry and government.


Read more...

Fixing Oregon’s broken roads

The Latest
Tuesday, June 09, 2015
RUCCostComparison rev4-30BY KIM MOORE | RESEARCH EDITOR

The technology at the center of Oregon’s road usage fee reform.


Read more...

Urban benediction

Linda Baker
Wednesday, July 22, 2015
072215 THUMB Credit-PontificalAcademyofSciencesBY LINDA BAKER

Charlie Hales has long viewed sound urban planning as the route to salvation: social, economic and environmental. This week, the mayor's city design philosophy got the nod of approval from a bona fide spiritual authority, Pope Francis.


Read more...

Farm in a Box

July/August 2015
Friday, July 10, 2015
BY JACOB PALMER

Most of the food Americans consume is trucked in from hundreds of miles away. Eric Wilson, co-founder and CEO of Gro-volution, wants to change that. So this past spring, the Air Force veteran and former greenhouse manager started work on an alternative farming system he claims is more efficient than conventional agriculture, and also shortens the distance between the consumer and the farm.


Read more...

Downtime with Debra Ringold

July/August 2015
Monday, July 13, 2015
BY JACOB PALMER

Dean of the Atkinson Graduate School of Management, Willamette University


Read more...

Fueling Up for the Climb

July/August 2015
Friday, July 10, 2015
BY GREGG MORRIS

Rita Hansen aims to scale natural gas vehicle innovation.


Read more...

Apartment Mania

Guest Blog
Thursday, June 18, 2015
4805983977 11466ce1d6 zBY BRAD HOULE | CFA

While most categories of commercial real estate have performed well, one of the most robust has been apartment buildings.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS