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Article: Key Bank acquires Emerald City assets. (Key Bank of Washington, Emerald City Bank) (Brief Article)
- Article from:
- American Banker
- Article date:
- July 7, 1993
CopyrightCOPYRIGHT 1993 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TACOMA, Wash.-- Key Bank of Washington said it has acquired certain loans and insured deposits of Seattle-based Emerald City Bank. The Tacoma-based banking subsidiary of Keycorp said it will convert an Emerald City office in Seattle into a branch.
Terms of the deal, which Key said was accepted by the Federal Deposit Insurance Corp. on July 2, were not disclosed. The purchase follows an earlier announcement that Washington State's supervisor ...
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