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Shorebank Pacific
Supporting sustainable economic development and conservation through business, non-profit, and personal banking
OneCalifornia Bank to acquire ShoreBank Pacific and provide growth capital to extend beneficial banking from California to the Pacific Northwest.
Oakland, Calif. — August 21, 2010 — OneCalifornia Bank and ShoreBank Pacific announce the signing of a stock purchase agreement for the acquisition of ShoreBank Corporation's Pacific Northwest subsidiary, ShoreBank Pacific, by OneCalifornia Bank. The purchase, which is subject to regulatory and other approvals, will result in an institution with combined assets of approximately $300 million. "The biggest beneficiaries of this merger are the communities we serve." said David Williams, CEO of ShoreBank Pacific. Read the full press release:
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| Address | 203 Howerton Way SE Ilwaco, WA 98624- |
| Phone | (360) 642-1166 |
| Website | www.eco-bank.com |
Our Approach to Sustainable Banking
We judge ourselves on a "triple bottom line" philosophy, and expect our customers to do the same. We created and use a sustainability evaluation system to measure each borrower's impact on community, conservation, and economy. Learn more »Why ShoreBank Pacific?
ShoreBank Pacific is committed to environmentally sustainable community development. Read more »OneCalifornia Bank to acquire ShoreBank Pacific and provide growth capital to extend beneficial banking from California to the Pacific Northwest.
Oakland, Calif. — August 21, 2010 — OneCalifornia Bank and ShoreBank Pacific announce the signing of a stock purchase agreement for the acquisition of ShoreBank Corporation's Pacific Northwest subsidiary, ShoreBank Pacific, by OneCalifornia Bank. The purchase, which is subject to regulatory and other approvals, will result in an institution with combined assets of approximately $300 million. "The biggest beneficiaries of this merger are the communities we serve." said David Williams, CEO of ShoreBank Pacific. Read the full press release:
Full Press Release FAQs
Full story » More stories »
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