Case Details

Year Initiated/Committed

1992

Year Resolved

1992

Settlement Amount

$160,000 costs

Court

n/a

Docket Number

n/a

Lead State

WA

Participating States

WA

Defendant(s)

Bank America, Security Pacific Bank

Case Description

Bank America, the owner of Seattle First National Bank, the largest bank in Washington acquired Security Pacific the second largest bank in Washington. Settlement agreement required divesture of specific Security Pacific including branch offices, assets and loans