About: Rainier Bancorp

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An Entity of Type : yago:WikicatDefunctCompaniesBasedInSeattle,Washington, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)
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Rainier Bancorporation was the Seattle-based parent corporation of Rainier National Bank, a Washington state bank with branches throughout the state. Rainier traced its roots back to the National Bank of Commerce, which was founded by Richard Holyoke in 1889. The name Rainier National Bank was adopted in 1974. Rainier Bancorp expanded into Alaska with the purchase of Anchorage's People's Bank & Trust in 1983 and into Oregon with the purchase of Gresham's Mount Hood Security Bank in 1986, expanding further in Oregon in 1986 with the government-assisted purchase of Portland's failed Lincoln Savings & Loan Association (not related to the Californian thrift of the same named that failed in 1989).

Attributes	Values
rdf:type	Thing company schema:BankOrCreditUnion schema:Organization dul:Agent dul:SocialPerson agent wikidata:Q24229398 Organization Business enterprise yago:WikicatBanksDisestablishedIn1987 yago:WikicatBanksEstablishedIn1889 yago:WikicatCompaniesDisestablishedIn1987 yago:Abstraction100002137 yago:Company108058098 yago:DepositoryFinancialInstitution108420278 yago:FinancialInstitution108054721 yago:Group100031264 yago:Institution108053576 yago:Organization108008335 yago:YagoLegalActor yago:YagoLegalActorGeo yago:YagoPermanentlyLocatedEntity bank organisation yago:SocialGroup107950920 yago:WikicatDefunctBanksOfTheUnitedStates yago:WikicatDefunctCompaniesBasedInSeattle,Washington
rdfs:label	Rainier Bancorp (en)
rdfs:comment	Rainier Bancorporation was the Seattle-based parent corporation of Rainier National Bank, a Washington state bank with branches throughout the state. Rainier traced its roots back to the National Bank of Commerce, which was founded by Richard Holyoke in 1889. The name Rainier National Bank was adopted in 1974. Rainier Bancorp expanded into Alaska with the purchase of Anchorage's People's Bank & Trust in 1983 and into Oregon with the purchase of Gresham's Mount Hood Security Bank in 1986, expanding further in Oregon in 1986 with the government-assisted purchase of Portland's failed Lincoln Savings & Loan Association (not related to the Californian thrift of the same named that failed in 1989). (en)
foaf:name	Rainier Bancorporation (en)
name	Rainier Bancorporation (en)
foaf:depiction
location	Seattle
dcterms:subject	Banks disestablished in 1987 1889 establishments in Washington (state) Defunct banks of the United States Defunct companies based in Seattle Banks established in 1889
Wikipage page ID	19499715 (xsd:integer)
Wikipage revision ID	1068247348 (xsd:integer)
Link from a Wikipage to another Wikipage	Banks disestablished in 1987 1889 establishments in Washington (state) San Francisco University of Washington Libraries Defunct banks of the United States U.S. Bancorp Washington (state) Alaska Anchorage, Alaska Defunct companies based in Seattle Banks established in 1889 First Bank System Gresham, Oregon KeyBank Portland, Oregon Oregon Seattle Banking BankAmerica Seafirst Security Pacific Corporation
Link from a Wikipage to an external page	http://digitalcollections.lib.washington.edu/cdm/search/collection/reports/searchterm/Rainier%20Bancorporation/field/creato!all/mode/all!all/conn/and!and/order/title/ad/asc
sameAs	Rainier Bancorp Rainier Bancorp Rainier Bancorp Rainier Bancorp
dbp:wikiPageUsesTemplate	dbt:Bank_of_America dbt:Citation_needed dbt:Cite_web dbt:End_date_and_age dbt:Infobox_company dbt:Reflist dbt:Start_date_and_age dbt:US-bank-stub
thumbnail	wiki-commons:Special:FilePath/Rainier_Bank_logo,_1980s.jpg?width=300
area served	Washington (state) Alaska Oregon
defunct	1989-01-01 (xsd:date)
fate	Acquired by Security Pacific Corporation (en)
former name	Marine Bancorporation (en)
foundation	as National Bank of Commerce (en)
founder	Richard Holyoke (en)
industry	Banking
location	Seattle
logo	Rainier Bank logo, 1980s.jpg (en)
successor	Security Pacific Bancorporation Northwest (en)
trade name	Rainier Bank (en)
traded as	NASDAQ:RBAN (en)
type	public (en)
has abstract	Rainier Bancorporation was the Seattle-based parent corporation of Rainier National Bank, a Washington state bank with branches throughout the state. Rainier traced its roots back to the National Bank of Commerce, which was founded by Richard Holyoke in 1889. The name Rainier National Bank was adopted in 1974. Rainier Bancorp expanded into Alaska with the purchase of Anchorage's People's Bank & Trust in 1983 and into Oregon with the purchase of Gresham's Mount Hood Security Bank in 1986, expanding further in Oregon in 1986 with the government-assisted purchase of Portland's failed Lincoln Savings & Loan Association (not related to the Californian thrift of the same named that failed in 1989). After a brief bidding war with First Bank System, Rainier Bancorp. was acquired by Security Pacific Corporation in 1987 for $1.15 billion in stock. At the time of its acquisition, it was the second largest bank in the state. After the merger, Rainier Bancorporation was renamed Security Pacific Bancorporation Northwest, and Rainier National Bank was renamed Security Pacific Bank Washington. Rainier Bank Alaska was renamed Security Pacific Bank Alaska. Rainier Bank Oregon was merged into recently acquired Oregon Bank to form Security Pacific Bank Oregon. In 1992, Security Pacific Bank merged with San Francisco-based BankAmerica (now called Bank of America), a deal that was at the time one of the largest bank mergers in history. Federal regulators, however, forced the divestiture of over half of the former Rainier Bank Washington state franchise (having been renamed Security Pacific Bank Washington, N.A. in 1989), as the combination of BankAmerica's Seafirst subsidiary and Rainier would have given BankAmerica too large a share of the retail banking market in Washington state. While 82 branches were retained and consolidated with Seafirst, 38 were sold to West One Bancorp (now itself merged into U.S. Bancorp) and 48 to KeyBank. (en)
gold:hypernym	Corporation
prov:wasDerivedFrom	wikipedia-en:Rainier_Bancorp?oldid=1068247348&ns=0
page length (characters) of wiki page	9647 (xsd:nonNegativeInteger)
dissolution date	1989-01-01 (xsd:date)
fate	Acquired bySecurity Pacific Corporation (en)
former name	Marine Bancorporation (before 1928–1974) (en)

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