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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Failed Bank Information for Evergreen Bank, Seattle, WA

On Friday, January 22, 2010, Evergreen Bank was closed by the Washington Department of Financial Institutions. The FDIC was named Receiver. Umpqua Bank, Roseburg, OR acquired all deposit accounts.

The FDIC as Receiver for Evergreen Bank, Seattle, WA has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on January 17, 2018 and has made all dividend distributions required by law.

Effective July 1, 2018, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status

TERMINATED

Notice of Termination (www.federalregister.gov)

Effective Date: July 1, 2018


Notice of Intent to Terminate (www.federalregister.gov)

Publication Date: January 17, 2018

Dividend Information

Report on dividends paid


Press Release

Official press release

cautionBeware of scams!

Please be advised you will not receive any email notification to claim, unlock or suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

caution

Beware of scams!
Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

ACQUIRING INSTITUTION: UMPQUA BANK

About Umpqua Bank

All deposit accounts were transferred to Umpqua Bank, Roseburg, OR ("assuming institution"). Former Evergreen Bank locations reopened as branches of Umpqua Bank.

Your transferred deposits were separately insured from any accounts you may have already had at Umpqua Bank for at least six months after the failure of Evergreen Bank.

You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with Umpqua Bank as long as the deposits are not pledged as collateral for loans.

Contacting Umpqua Bank

You can contact Umpqua Bank:

Umpqua Bank
445 S.E. Main Street
Roseburg, OR 97470

Umpqua Bank (www.umpquabank.com)

Transaction Documentation

Purchase & Assumption Agreement – PDF
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank

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