Alaska Continental Bank

Status:Inactive as of 08/03/1988
 Absorption - Assisted
Successor Bank:Alaska First Bank & Trust
Headquarters:Alaska Continental Bank
1016 West Northern Lights Boulevard
Anchorage, AK 99509
Established:12/01/1982
FDIC Insurance:12/01/1982
FDIC Cert:#24139
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$51,496,000
Total Deposits:$52,254,000

History

1982-12-01Institution established: Original name:Alaska Continental Bank
1988-08-03Failed. Acquired with government financial assistance and subsequently operated as part of First Interstate Bank of Alaska (27311)
1988-08-03Institution established: Original name:First Interstate Bank of Alaska (27311)
1989-10-23Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY
1989-10-23Changed name to First Interstate Bank of Alaska, National Association (27311)
1995-11-02Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2002-04-01Changed name to Alaska First Bank & Trust, National Association (27311)
2007-10-20Merged into and subsequently operated as part of NORTHRIM BANK (33216) in ANCHORAGE, AK
2011-05-04Changed name to Northrim Bank (33216)
2014-04-01Acquired Alaska Pacific Bank (29849) in JUNEAU, AK