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Failed Bank Information for Washington First International Bank, Seattle, WA

On Friday, June 11, 2010, Washington First International Bank was closed by the Washington State Department of Financial Institutions. The FDIC was named Receiver. East West Bank, Pasadena, CA acquired all deposit accounts.

The FDIC as Receiver for Washington First International 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 August 28, 2017 and has made all dividend distributions required by law.

Effective February 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

Effective Date: February 1, 2018


Notice of Intent to Terminate

Publication Date: August 28, 2017

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: EAST WEST BANK

About East West Bank

All deposit accounts, including brokered deposits, were transferred to East West Bank, Pasadena, CA ("assuming institution"). Former Washington First International Bank locations reopened as branches of East West Bank.

Your transferred deposits were separately insured from any accounts you may have already had at East West Bank for at least six months after the failure of Washington First International Bank.

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

Contacting East West Bank

You can contact East West Bank:

East West Bank
135 N. Los Robles Avenue, 7th Floor
Pasadena, CA 91101

East West Bank (www.eastwestbank.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF (3Mb)
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank