Seafirst Bank
Seafirst Corporation was an American bank holding company based in Seattle, Washington. Its banking subsidiary, Seafirst Bank, was the largest bank in Washington, with 235 branches and 497 ATMs across the state.
| Seafirst Bank | |
| Company type |
|
| NYSE: SFC | |
| Industry | Banking |
| Founded | November 11, 1929 in Seattle, Washington (as First Seattle Dexter Horton National Bank) July 1, 1977 (as Seafirst Corporation) |
| Defunct | September 27, 1999 |
| Fate | Merged into Bank of America |
| Successor | Bank of America |
| Headquarters | Seattle, Washington |
Area served | Washington |
| Parent | BankAmerica (1983–1999) |
| Subsidiaries | Seattle-First National Bank |
Formed in 1929 via the merger of Seattle's three largest banks, Seafirst was acquired in 1983 by BankAmerica after posting huge losses from loans it purchased from the failed Penn Square Bank; the Seafirst brand was retired in 1999 after NationsBank acquired BankAmerica the previous year and subsequently implemented the Bank of America brand nationwide.
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