Bailout Bank Bio: W.T.B. Financial (Washington Trust Bank)

May 14, 2009 | 1 min read | Print Article

W.T.B. Financial Corp. is the bank holding company for Washington Trust Bank. Washington Trust is the largest privately held commercial bank in the Northwest, and has offices in Washington, Utah, Oregon, and Idaho. The company is based in Spokane, Washington. W.T.B. Financial received $110 million through the Treasury’s Capital Purchase Program.

In February 2009, W.T.B. Financial purchased Beaverton, Oregon-based Pinnacle Bank, which had fallen into receivership by the FDIC. W.T.B. agreed to pay a discounted price of $7.6 million for Pinnacle’s $72 million worth of assets.

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Bailout Bank Bio: W.T.B. Financial Corp


Federal Equity Investment	$110 million
Total Revenue	Unknown
Net Income	Unknown
Number of Employees	Unknown
Corporate Headquarters	Spokane, Washington
Business Sector	Private Bank
Officers and Directors	Unable to Locate
Corporate Website	www.watrust.com/
Executive Compensation	Unable to Locate