Eye on the Bailout
Recipients from Washington
This is a listing of the 21 bailout recipients in Washington
The total bailout committed to Washington-based institutions is $994.5 million, which is 0.2% of the total bailout so far committed.
This list shows only institutions headquartered in this state. Most recipients are bank holding companies, which sometimes have subsidiaries in other states. Also, keep in mind that a bank holding company might have a name that differs significantly from its subsidiary banks.
See the nationwide view of recipients, or view another state list:
For our blog, resources and more, see our main bailout page.
| Name | City | Type | Bailout |
|---|---|---|---|
| Banner Corp (Profile) | Walla Walla | Bank | $124 million |
| Cascade Financial Corp (Profile) | Everett | Bank | $39 million |
| Columbia Banking System (Profile) | Tacoma | Bank | $76.9 million |
| First Sound Bank (Profile) | Seattle | Bank | $7.4 million |
| Heritage Financial Corp (Profile) | Olympia | Bank | $24 million |
| Northwest Bancorporation (Profile) | Spokane | Bank | $10.5 million |
| Northwest Commercial Bank (Profile) | Lakewood | Bank | $2 million |
| Pacific International Bancorp (Profile) | Seattle | Bank | $6.5 million |
| Pierce County Bancorp (Profile) | Tacoma | Bank | $6.8 million |
| Puget Sound Bank (Profile) | Bellevue | Bank | $4.5 million |
| Sterling Financial Corp (Profile) | Spokane | Bank | $303 million |
| Timberland Bancorp (Profile) | Hoquiam | Bank | $16.6 million |
| Washington Banking Company (Profile) | Oak Harbor | Bank | $26.4 million |
| Washington Federal Inc. (Profile) | Seattle | Bank | $200 million |
| WTB Financial Corp (Profile) | Spokane | Bank | $110 million |
| Peoples Bancorp (Profile) | Lynden | Bank | $18 million |
| First Federal Savings and Loan (Profile) | Port Angeles | Mortgage Servicer | $2.8 million |
| Regents Bancshares, Inc. (Profile) | Vancouver | Bank | $12.7 million |
| Sound Community Bank (Profile) | Seattle | Mortgage Servicer | $460 thousand |
| Sterling Savings Bank (Profile) | Spokane | Mortgage Servicer | $2.4 million |
| Verity Credit Union (Profile) | Seattle | Mortgage Servicer | $630 thousand |
For our blog, resources and more, see our main bailout page.
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