Washington Banking Company Description
Washington Banking is the holding company for Whidbey Island Bank, which serves individuals and businesses through some 20 branches in northwestern Washington's Island, San Juan, Skagit, Snohomish, and Whatcom counties. The bank, established in 1961, offers customers checking, savings, NOW, and money market accounts, as well as CDs and IRAs. It primarily originates commercial mortgages, consumer, and construction loans. To a lesser extent, the bank offers one- to four-family residential mortgages and business loans. Whidbey Island Bank sells investment and insurance products through agreements with third-party providers. Frontier Financial and Washington Banking Company canceled a merger agreement in 2008.
View the Comprehensive Company Description for Washington Banking
The Company Description provides a historical perspective of Washington Banking's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Washington Banking's evolution in the marketplace.
