Bank of Sumner

Status:Inactive as of 12/21/1998
 Merger - Without Assistance
Successor Bank:Frontier Bank
Headquarters:Bank of Sumner
801 Alder Avenue
Sumner, WA 98390
Established:12/01/1975
FDIC Insurance:12/01/1975
FDIC Cert:#22169
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$99,067,000
Total Deposits:$87,642,000

History

1975-12-01Institution established: Original name:Bank of Sumner
1998-12-21Merged into and subsequently operated as part of Frontier Bank (22710) in EVERETT, WA
2000-07-20Acquired North Sound Bank (23020) in POULSBO, WA
2001-02-02Acquired Inter Bank (32780) in DUVALL, WA
2002-10-07Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2002-10-07Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2005-11-10Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2005-11-10Changed primary regulatory agency from FEDERAL RESERVE BOARD to FEDERAL DEPOSIT INSURANCE CORPORATION
2006-02-01Acquired NorthStar Bank (33896) in SEATTLE, WA
2007-12-01Acquired Bank of Salem (33313) in SALEM, OR
2010-04-30Failed. Acquired with government financial assistance and subsequently operated as part of Union Bank, National Association (22826)
2012-12-03Acquired Santa Barbara Bank & Trust, National Association (18169) in SANTA BARBARA, CA
2014-07-01Changed name to MUFG Union Bank, National Association (22826)
2020-02-21Moved bank headquarters from EVERETT, WA to SAN FRANCISCO, CA

Financial Information (1997-12-31 and Older)