Frontier Bank

Status:Inactive as of 2010-04-30
 Absorption - Assisted
Corrections
Successor Bank:MUFG Union Bank
Headquarters:Frontier Bank
332 Southwest Everett Mall Way
Everett, WA 98204
Established:1978-09-06
FDIC Insurance:1978-09-06
FDIC Cert:#22710
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:52
Total Assets:$3,250,734,000
Total Deposits:$2,846,886,000

History

1978-09-06Institution established: Original name:Frontier Bank
1982-08-02Acquired Bank of Arlington (19698) in ARLINGTON, WA
1989-08-25Acquired Citizens Bank of Snohomish County (22789) in MARYSVILLE, WA
1992-11-13Acquired Edmonds National Bank (26298) in EDMONDS, WA
1993-07-01Acquired The Bank of Northshore (25656) in BOTHELL, WA
1998-12-21Acquired Bank of Sumner (22169) in SUMNER, WA
2000-07-20Acquired North Sound Bank (23020) in POULSBO, WA
2001-02-02Acquired Inter Bank (32780) in DUVALL, WA
2002-10-07Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2002-10-07Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
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 (2010-03-31 and Older)