Usb Subsidiaries Complete Transaction

Wed., July 23, 1997

From Staff And Wire Reports

United Security Bancorporation said its two banking subsidiaries have completed the purchase of five Wells Fargo Bank branches in Central and Eastern Washington. USBN previously had a total of 10 branch offices.

The transactions, which closed July 18, include Home Security Bank’s purchase of Wells Fargo branches in Mabton, Naches, and Walla Walla; and United Security Bank’s purchase of branches in Davenport and Moses Lake.

“Acquisition of these branches demonstrates our strategy to grow in communities throughout Central and Eastern Washington,” William C. Dashiell, president and chief executive officer, said in a statement. “These branches serve some of our primary target areas. We are excited about this 50% expansion in our locations.”

, DataTimes

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Usb Subsidiaries Complete Transaction

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