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Banner merger with Pacific Financial wins FDIC approval, awaits Fed sign-off

PUBT·08/13/2026 13:18:27
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Banner merger with Pacific Financial wins FDIC approval, awaits Fed sign-off
  • Banner is set to acquire Pacific Financial through a merger, with closing targeted for Q3 2026.
  • Pacific Financial shareholders voted to support the merger agreement at a special meeting on Aug. 12.
  • Washington state bank regulators cleared the deal on Aug. 11, subject to FDIC and Federal Reserve sign-offs.
  • FDIC clearance followed on Aug. 12, with Federal Reserve approval still pending.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banner Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000946673-26-000176), on August 13, 2026, and is solely responsible for the information contained therein.