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Frontier Financial Corporation

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Frontier Financial Corporation
Traded asNASDAQ: FTBK
ISIN🆔
IndustryBanking
FateBank failure; assets acquired by UnionBank
Founded 📆1978; 46 years ago (1978)[1]
Founder 👔
DefunctApril 30, 2010; 14 years ago (2010-04-30)
Headquarters 🏙️Everett, Washington
Area served 🗺️
Members
Number of employees
🌐 Website[Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] 
📇 Address
📞 telephone

Frontier Bank was a bank based in Everett, Washington. It had 47 branches in Washington and Oregon.[2] On April 30, 2010, the bank was shut down by the Washington State Department of Financial Institutions and the Federal Deposit Insurance Corporation as a result of a bank failure and its assets were sold to UnionBank.[3]

A lawsuit filed by the FDIC against bank executives said Frontier was the biggest commercial bank headquartered in Western Washington at the time of its failure.[2]

References[edit]

  1. "About Frontier Bank". Frontier Bank. Archived from the original on 29 April 2010.
  2. 2.0 2.1 Davis, Jim (14 April 2016). "$10M settlement closes the books on Frontier Bank of Everett". The Herald Business Journal. Retrieved 26 February 2021.
  3. "FDIC: Failed Bank Information - Bank Closing Information for Frontier Bank, Everett, WA". Federal Deposit Insurance Corporation.


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