Knowledge (XXG)

Rainier Bancorp

Source 📝

683: 191: 35: 1127: 1165: 1139: 254:(now called Bank of America), a deal that was at the time one of the largest bank mergers in history. Federal regulators, however, forced the divestiture of over half of the former Rainier Bank Washington state franchise (having been renamed Security Pacific Bank Washington, N.A. in 1989), as the combination of BankAmerica's 545: 515: 304:
Directors have approved consolidation of Dexter Horton National Bank and Marine Bencorporation, resulting in the change in name of the latter corporation to the Dexter Horton Marine Corp. and the uniting of National Bank of Commerce, National City Bank of Seattle, two Marine member institutions, with
557:
Early next year, Rainier Bank will change its name to Security Pacific Bank Washington, reflecting the name of the Los Angeles company that bought Rainier last year for $ 1.1 billion... At the same time, other banks in the region will change their names as well: -- Oregon Bank, a Rainier subsidiary,
527:
Rainier National Bank officials yesterday ended months of rumors by announcing the bank would get a name change early next year to Security Pacific Bank Washington... Rainier Bancorporation, the holding company for Rainier Bank, will be known as Security Pacific Bancorporation
215:
bank with branches throughout the state. Rainier traced its roots back to the National Bank of Commerce, which was founded by Richard Holyoke in 1889. The name Rainier National Bank was adopted in 1974. Rainier Bancorp expanded into Alaska with the purchase of
258:
subsidiary and Rainier would have given BankAmerica too large a share of the retail banking market in Washington state. While 82 branches were retained and consolidated with Seafirst, 38 were sold to West One Bancorp (now itself merged into
243:, and Rainier National Bank was renamed Security Pacific Bank Washington. Rainier Bank Alaska was renamed Security Pacific Bank Alaska. Rainier Bank Oregon was merged into recently acquired Oregon Bank to form Security Pacific Bank Oregon. 558:
will become Security Pacific Bank Oregon; -- Rainier Bank Alaska will become Security Pacific Bank Alaska; -- United Bank, a 16-office institution in Tacoma owned by Rainier, will become Security Pacific Savings Bank.
600: 454:
Officials of Rainier Bancorporation, the largest independent commercial bank in Washington, said Monday it has received two takeover offers from out-of-state firms. No details were made public.
862: 1241: 305:
the Dexter Horton. Under merger plans the Dexter Horton National Bank will be known as Dexter Horton National Bank of Commerce, the National City merging with it shortly.
239:
in 1987 for $ 1.15 billion in stock. At the time of its acquisition, it was the second largest bank in the state. After the merger, Rainier Bancorporation was renamed
444: 946: 1226: 1221: 782: 634: 1029: 1202: 1236: 1049: 984: 954: 757: 338:
Marine Bancorporation said it will ask shareholders to approve a change of name to Rainier Bancorporation at a special meeting in October.
424: 1231: 974: 964: 959: 604: 1246: 1054: 1034: 1014: 1001: 989: 979: 752: 228:'s failed Lincoln Savings & Loan Association (not related to the Californian thrift of the same named that failed in 1989). 1059: 1019: 1009: 792: 737: 1024: 994: 787: 1039: 847: 817: 714: 627: 857: 802: 704: 662: 236: 144: 571: 351: 1195: 1142: 812: 772: 699: 657: 521: 492: 448: 429: 404: 224:'s Mount Hood Security Bank in 1986, expanding further in Oregon in 1986 with the government-assisted purchase of 1131: 1076: 910: 827: 762: 620: 709: 742: 837: 1188: 1107: 931: 890: 882: 842: 797: 329: 295: 807: 777: 1086: 767: 747: 682: 190: 936: 915: 719: 324: 290: 377: 1064: 872: 212: 174: 941: 672: 232: 217: 1172: 471: 225: 1102: 667: 643: 221: 34: 487: 1112: 1071: 900: 409: 382: 466: 1215: 877: 576: 551: 356: 247: 194: 71: 822: 729: 260: 546:"It's Official: No More Rainier - Security Pacific Is New Name for Bank, Building" 445:"Officials of Rainier Bancorporation, the largest independent commercial bank..." 1081: 895: 852: 467:"URGENT Security Pacific, Rainier Bancorp To Merge In $ 1.15 Billion Stock Swap" 333: 299: 251: 724: 43: 318: 284: 905: 17: 1164: 220:'s People's Bank & Trust in 1983 and into Oregon with the purchase of 255: 264: 208: 198: 162: 88: 182: 178: 77: 488:"Two Takeover Offers on the Table for Rainier Bancorp., It Confirms" 612: 832: 947:
American Security and Trust Company Building (Washington, D.C.)
616: 601:"Archived Rainier Bancorporation Annual Reports (1974–1987)" 1176: 211:-based parent corporation of Rainier National Bank, a 1095: 924: 690: 650: 168: 158: 150: 139: 121: 113: 94: 84: 69: 61: 53: 41: 544: 514: 317: 283: 352:"Loyalty Evoked By Rainier Bank A Thing Of Past?" 516:"So Long, Rainier Bank: Hello, Security Pacific" 425:"Rainier gains approval of Oregon thrift buyout" 538: 536: 1196: 1171:This United States bank–related article is a 628: 197:, the former headquarters of Rainier Bank in 8: 1002:Bank of America Corporate Center (Charlotte) 609:(high resolution binaries; large file sizes) 27: 246:In 1992, Security Pacific Bank merged with 1203: 1189: 635: 621: 613: 33: 26: 1242:1889 establishments in Washington (state) 783:Farmers and Merchants Bank of Los Angeles 570:Matassa Flores, Michele (April 2, 1992). 241:Security Pacific Bancorporation Northwest 154:Security Pacific Bancorporation Northwest 350:Matassa Flores, Michele (June 7, 1992). 189: 57:Marine Bancorporation (before 1928–1974) 572:"Key Bank, West One Finalize Purchases" 275: 932:555 California Street (San Francisco) 758:Citizens & Southern National Bank 285:"Merger Of Seattle Banks Is Approved" 7: 1161: 1159: 1138: 486:Ramsey, Bruce (February 24, 1987). 235:, Rainier Bancorp. was acquired by 1227:Defunct companies based in Seattle 1222:Defunct banks of the United States 1175:. You can help Knowledge (XXG) by 605:University of Washington Libraries 25: 863:Provident Institution for Savings 543:Buck, Richard (October 7, 1988). 513:Erickson, Jim (October 7, 1988). 294:. December 25, 1928. p. 15. 1163: 1137: 1126: 1125: 681: 793:First Republic Bank Corporation 738:Benj. Franklin Savings and Loan 231:After a brief bidding war with 328:. August 1, 1974. p. 27. 1: 848:National Westminster Bank USA 818:Gibraltar Savings Association 1237:Banks disestablished in 1987 858:North Carolina National Bank 803:Fourth Financial Corporation 705:Bank of America, Los Angeles 663:Bank of America Private Bank 237:Security Pacific Corporation 145:Security Pacific Corporation 109:as National Bank of Commerce 100:; 135 years ago 833:MBNA/Maryland National Bank 1263: 1158: 813:Gibraltar Savings and Loan 700:Banc of America Securities 658:Bank of America Home Loans 522:Seattle Post-Intelligencer 493:Seattle Post-Intelligencer 449:United Press International 430:United Press International 1232:Banks established in 1889 1121: 951:Bank of America Building 710:Bank of America NT&SA 679: 32: 1247:United States bank stubs 1077:Hearst Tower (Charlotte) 911:Western Savings and Loan 828:Mercury Asset Management 763:Commercial National Bank 971:Bank of America Center 319:"Marine Bancorporation" 1046:Bank of America Tower 1006:Bank of America Plaza 838:Michigan National Bank 808:G. H. Walker & Co. 778:E. A. Pierce & Co. 753:Central Bank and Trust 205:Rainier Bancorporation 201: 127:; 35 years ago 28:Rainier Bancorporation 891:Standard Federal Bank 883:Security Pacific Bank 843:Montgomery Securities 773:Countrywide Financial 748:Cassatt & Company 452:. February 23, 1987. 193: 916:White Weld & Co. 768:Continental Illinois 743:Boatmen's Bancshares 475:. February 24, 1987. 125:January 1, 1989 937:701 Brickell Avenue 720:Bank of New England 325:Wall Street Journal 291:Wall Street Journal 163:Seattle, Washington 29: 873:Robertson Stephens 202: 1184: 1183: 1153: 1152: 942:Albuquerque Plaza 405:"Rainier Bancorp" 233:First Bank System 188: 187: 16:(Redirected from 1254: 1205: 1198: 1191: 1167: 1160: 1141: 1140: 1129: 1128: 685: 637: 630: 623: 614: 608: 588: 587: 585: 584: 567: 561: 560: 548: 540: 531: 530: 518: 510: 504: 503: 501: 500: 483: 477: 476: 472:Associated Press 463: 457: 456: 441: 435: 434: 433:. July 15, 1986. 421: 415: 414: 401: 395: 394: 392: 391: 378:"Rainier Merger" 374: 368: 367: 365: 364: 347: 341: 340: 321: 314: 308: 307: 287: 280: 213:Washington state 135: 133: 128: 108: 106: 101: 37: 30: 21: 1262: 1261: 1257: 1256: 1255: 1253: 1252: 1251: 1212: 1211: 1210: 1209: 1156: 1154: 1149: 1117: 1103:Amadeo Giannini 1091: 1030:Fort Lauderdale 920: 868:Rainier Bancorp 692: 686: 677: 668:BofA Securities 646: 644:Bank of America 641: 599: 596: 591: 582: 580: 569: 568: 564: 542: 541: 534: 512: 511: 507: 498: 496: 485: 484: 480: 465: 464: 460: 443: 442: 438: 423: 422: 418: 413:. May 13, 1986. 403: 402: 398: 389: 387: 376: 375: 371: 362: 360: 349: 348: 344: 316: 315: 311: 282: 281: 277: 273: 171: 131: 129: 126: 117:Richard Holyoke 104: 102: 99: 74: 46: 23: 22: 15: 12: 11: 5: 1260: 1258: 1250: 1249: 1244: 1239: 1234: 1229: 1224: 1214: 1213: 1208: 1207: 1200: 1193: 1185: 1182: 1181: 1168: 1151: 1150: 1148: 1147: 1135: 1122: 1119: 1118: 1116: 1115: 1113:Brian Moynihan 1110: 1105: 1099: 1097: 1093: 1092: 1090: 1089: 1084: 1079: 1074: 1072:Boulder Towers 1069: 1068: 1067: 1065:St. Petersburg 1062: 1057: 1052: 1044: 1043: 1042: 1037: 1032: 1027: 1022: 1017: 1012: 1004: 999: 998: 997: 992: 987: 982: 977: 969: 968: 967: 962: 957: 949: 944: 939: 934: 928: 926: 922: 921: 919: 918: 913: 908: 903: 901:Summit Bancorp 898: 893: 888: 885: 880: 875: 870: 865: 860: 855: 850: 845: 840: 835: 830: 825: 820: 815: 810: 805: 800: 795: 790: 788:First Franklin 785: 780: 775: 770: 765: 760: 755: 750: 745: 740: 735: 732: 727: 722: 717: 712: 707: 702: 696: 694: 688: 687: 680: 678: 676: 675: 670: 665: 660: 654: 652: 648: 647: 642: 640: 639: 632: 625: 617: 611: 610: 595: 594:External links 592: 590: 589: 562: 555:. p. D7. 532: 525:. p. C1. 505: 478: 458: 436: 416: 410:New York Times 396: 383:New York Times 369: 342: 309: 274: 272: 269: 186: 185: 172: 169: 166: 165: 160: 156: 155: 152: 148: 147: 141: 137: 136: 123: 119: 118: 115: 111: 110: 96: 92: 91: 86: 82: 81: 75: 70: 67: 66: 63: 59: 58: 55: 51: 50: 47: 42: 39: 38: 24: 14: 13: 10: 9: 6: 4: 3: 2: 1259: 1248: 1245: 1243: 1240: 1238: 1235: 1233: 1230: 1228: 1225: 1223: 1220: 1219: 1217: 1206: 1201: 1199: 1194: 1192: 1187: 1186: 1180: 1178: 1174: 1169: 1166: 1162: 1157: 1146: 1145: 1136: 1134: 1133: 1124: 1123: 1120: 1114: 1111: 1109: 1106: 1104: 1101: 1100: 1098: 1094: 1088: 1085: 1083: 1080: 1078: 1075: 1073: 1070: 1066: 1063: 1061: 1058: 1056: 1053: 1051: 1048: 1047: 1045: 1041: 1038: 1036: 1033: 1031: 1028: 1026: 1023: 1021: 1018: 1016: 1013: 1011: 1008: 1007: 1005: 1003: 1000: 996: 993: 991: 988: 986: 983: 981: 978: 976: 973: 972: 970: 966: 963: 961: 958: 956: 953: 952: 950: 948: 945: 943: 940: 938: 935: 933: 930: 929: 927: 923: 917: 914: 912: 909: 907: 904: 902: 899: 897: 894: 892: 889: 886: 884: 881: 879: 878:Seafirst Bank 876: 874: 871: 869: 866: 864: 861: 859: 856: 854: 851: 849: 846: 844: 841: 839: 836: 834: 831: 829: 826: 824: 821: 819: 816: 814: 811: 809: 806: 804: 801: 799: 796: 794: 791: 789: 786: 784: 781: 779: 776: 774: 771: 769: 766: 764: 761: 759: 756: 754: 751: 749: 746: 744: 741: 739: 736: 733: 731: 728: 726: 723: 721: 718: 716: 715:Bank of Italy 713: 711: 708: 706: 703: 701: 698: 697: 695: 689: 684: 674: 671: 669: 666: 664: 661: 659: 656: 655: 653: 649: 645: 638: 633: 631: 626: 624: 619: 618: 615: 606: 602: 598: 597: 593: 579: 578: 577:Seattle Times 573: 566: 563: 559: 554: 553: 552:Seattle Times 547: 539: 537: 533: 529: 524: 523: 517: 509: 506: 495: 494: 489: 482: 479: 474: 473: 468: 462: 459: 455: 451: 450: 446: 440: 437: 432: 431: 426: 420: 417: 412: 411: 406: 400: 397: 386:. May 3, 1983 385: 384: 379: 373: 370: 359: 358: 357:Seattle Times 353: 346: 343: 339: 335: 331: 327: 326: 320: 313: 310: 306: 301: 297: 293: 292: 286: 279: 276: 270: 268: 266: 262: 257: 253: 249: 248:San Francisco 244: 242: 238: 234: 229: 227: 223: 219: 214: 210: 206: 200: 196: 195:Rainier Tower 192: 184: 180: 176: 173: 167: 164: 161: 157: 153: 149: 146: 142: 138: 124: 120: 116: 112: 97: 93: 90: 87: 83: 79: 76: 73: 68: 64: 60: 56: 52: 48: 45: 40: 36: 31: 19: 1177:expanding it 1170: 1155: 1143: 1130: 1087:Museum Tower 1050:Jacksonville 887:Shawmut Bank 867: 823:LaSalle Bank 730:Barnett Bank 603:– via 581:. Retrieved 575: 565: 556: 550: 526: 520: 508: 497:. Retrieved 491: 481: 470: 461: 453: 447: 439: 428: 419: 408: 399: 388:. Retrieved 381: 372: 361:. Retrieved 355: 345: 337: 323: 312: 303: 289: 278: 263:) and 48 to 261:U.S. Bancorp 245: 240: 230: 204: 203: 159:Headquarters 143:Acquired by 62:Company type 49:Rainier Bank 18:Rainier Bank 1082:Miami Tower 985:Los Angeles 896:Sovran Bank 853:NationsBank 691:Historical 252:BankAmerica 170:Area served 80:: RBAN 1216:Categories 1096:Executives 798:Fleet Bank 725:BankBoston 693:components 583:2009-10-23 528:Northwest. 499:2008-09-27 390:2009-10-23 363:2009-09-18 271:References 175:Washington 132:1989-01-01 44:Trade name 1108:Ken Lewis 1055:Manhattan 1035:St. Louis 1015:Charlotte 975:Baltimore 955:Baltimore 925:Buildings 906:Suretrade 651:Divisions 334:133924671 300:130532682 218:Anchorage 151:Successor 72:Traded as 1132:Category 330:ProQuest 296:ProQuest 256:Seafirst 226:Portland 207:was the 85:Industry 54:Formerly 1144:Commons 1060:Phoenix 1020:Chicago 1010:Atlanta 990:Norfolk 980:Houston 965:Oakland 960:Midland 734:Baybank 673:Merrill 265:KeyBank 250:-based 222:Gresham 209:Seattle 199:Seattle 130: ( 122:Defunct 114:Founder 103: ( 95:Founded 89:Banking 1025:Dallas 332:  298:  183:Oregon 179:Alaska 78:Nasdaq 65:public 1040:Tampa 995:Tulsa 1173:stub 140:Fate 105:1889 98:1889 1218:: 574:. 549:. 535:^ 519:. 490:. 469:. 427:. 407:. 380:. 354:. 336:. 322:. 302:. 288:. 267:. 181:, 177:, 1204:e 1197:t 1190:v 1179:. 636:e 629:t 622:v 607:. 586:. 502:. 393:. 366:. 134:) 107:) 20:)

Index

Rainier Bank

Trade name
Traded as
Nasdaq
Banking
Security Pacific Corporation
Seattle, Washington
Washington
Alaska
Oregon

Rainier Tower
Seattle
Seattle
Washington state
Anchorage
Gresham
Portland
First Bank System
Security Pacific Corporation
San Francisco
BankAmerica
Seafirst
U.S. Bancorp
KeyBank
"Merger Of Seattle Banks Is Approved"
Wall Street Journal
ProQuest
130532682

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.