On Friday, July 30, 2010, The Cowlitz Bank, Longview, WA, including those branches operating under the name Bay Bank (a Division of The Cowlitz Bank), was closed by the Washington Department of Financial Institutions. Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed.
All deposit accounts, excluding certain brokered deposits, have been transferred to Heritage Bank, Olympia, WA. For more information on Heritage Bank, visit us at www.heritagebankwaonline2.com.
The FDIC has assembled useful information regarding your relationship with The Cowlitz Bank. Besides a checking account, you may have Certificates of Deposit, a business checking account, a Social Security direct deposit, and other relationships with the institution.
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