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

Efficiency Boost

June 2015
Friday, May 22, 2015
BY JOE CORTRIGHT

How conservation stimulates the local economy.


Read more...

100 Best Green Workplaces in Oregon

June 2015
Friday, May 22, 2015
BY KIM MOORE

As momentum grows at the state level to introduce far-reaching environmental regulations, such as carbon pricing and the Clean Fuels Program, Oregon employers continue to go the extra mile to create green workplaces for their employees.


Read more...

Frothy Battle

June 2015
Friday, May 22, 2015
BY ROBERT MULLIN

Latest development in Nestlé plant saga sparks debate about the value of water.


Read more...

An uncertain future

Guest Blog
Thursday, May 21, 2015
norristhumbBY JASON NORRIS | GUEST BLOGGER

Uncertainty is a part of doing business, whether in through the lens of investment opportunities and risks or the business of running an enterprise.


Read more...

Department of Self-Promotion

Linda Baker
Wednesday, June 17, 2015

061715-awards1Oregon Business wins journalism awards.


Read more...

Downtime with John Helmick

June 2015
Tuesday, May 26, 2015
BY JACOB PALMER

Live, Work, Play: CEO of Gorilla Capital.


Read more...

Queen of Resilience

June 2015
Friday, May 22, 2015
BY AMY MILSHTEIN

Astrid Scholz scales up sustainability.


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