Merger between Idaho, Oregon banks moves forward

Print
Email
|

by KTVB

KTVB.COM

Posted on July 17, 2012 at 4:39 PM

BOISE -- A merger involving Boise-based Western Capital Bank is one step closer today.

The bank announced Tuesday that the FDIC and state regulators in Idaho and Oregon have approved a merger with Northwest Bank, which is based in Portland, Oregon.

Shareholders are scheduled to meet on August 9th to vote on the deal.

As part of the merger, Western Capital will eventually change its name to Northwest Bank.

 

Print
Email
|