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AmericanWest finishes purchase of Viking Bank, adds seven branches

Spokane-based AmericanWest Bank has completed its purchase of Viking Bank, a deal announced earlier this year that will give AmericanWest a larger presence in Puget Sound.

The $7.2 million transaction brings AmericanWest seven new branches.

AmericanWest earlier this year bought Sunrise Bank of Southern California for $18.5 million, and Bank of the Northwest for $17 million.

The purchases have helped AmericanWest expand to 70 branch locations in four states with assets totaling $2.3 billion.

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The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.