Federal Reserve Board announces approval of application by Banner Corporation and Elements Merger Sub LLC

The following press release was published by the Board of Governors of the Federal Reserve System on Sept. 3, 2015. It is reproduced in full below.

The Federal Reserve Board on Thursday announced its approval of the application under section 3 of the Bank Holding Company Act by Banner Corporation and Elements Merger Sub, LLC, both of Walla Walla, Washington, to acquire Starbuck Bancshares, Inc., Seattle, and thereby indirectly acquire its subsidiary, AmericanWest Bank, Spokane, both of Washington.

Attached is the Board's order relating to this action.

For media inquiries, call 202-452-2955.

Attachment (PDF) Board Votes

Source: Board of Governors of the Federal Reserve System