News timeline of stories about Frontier Bank in Everett, WA.
Created by amyrolph on Apr 12, 2010
Last updated: 05/11/10 at 12:52 AM
Union Bank isn't so different from Frontier Bank.
It's just a lot bigger.
That's what Union Bank representatives told former Frontier customers and employees Monday, the day branches reopened after a forced sal
Union Bank consumed Frontier Bank in a forced sale. Find out more about the new owner.
A story ended as state regulators closed Frontier Bank, selling it to Union Bank of San Francisco. The Everett bank's collapse is a sad moment for those who recalled a local institution that, for a time, was a Northwest giant.
When Frontier Bank branches reopen Monday, they'll have a new name: Union Bank.
Frontier Financial Corp., the parent company of the long-time Everett institution, was closed by state regulators Friday. In nearly seamless succession, the Federal Deposit Insurance Corp. immediately assumed receivership of the bank and sold it to Union Bank of San Francisco.
Frontier Financial Corp. will not be acquired by an investment group called Infinite Freedom Foundation, bank officials said in a statement.
Frontier Financial Corp.’s stock price continued to show volatility today, nearly doubling in value during market hours.
EVERETT — Frontier Financial Corp.'s stock price soared 26 percent in trading today, ending the day at $2.98.
Frontier Financial Corp. responded to a pending class-action lawsuit Tuesday, saying allegations that the bank misled shareholders are "without merit."
Frontier, along with Lynnwood's City Bank, faces possible action from regulators.
The bank is named in a class-action lawsuit for allegedly misleading investors.
Former Frontier Bank President John Dickson said he was fired for taking a family vacation.
Frontier Bank President John Dickson leaves Frontier Bank without any explination.
Frontier Financial Corp. lost millions in the fourth quarter of 2009 — $33.9 million, to be exact.
When community banks like Frontier don't lend, what does it mean for small business?
Just how did Frontier and other banks land in so much trouble? The answer? Real estate.
Frontier CEO says things aren't as bad as the FDIC says they are.
Frontier gets a "raise capital or sell" order from the FDIC.
On a day when the market trend was down, Frontier Financial Corp.’s stock price increased more than 37 percent, ending trading at $4.99 per share.
Frontier Bank wasn't selected among 92 banks that recently secured $4.7 billion in the U.S. Treasury Department's rescue of the financial system.
Frontier Bank is taking aggressive steps to diversify its loan portfolio to weather mounting losses in the sagging real estate market
Frontier Financial Corporation approved a one-for-ten reverse stock split, a move that will allow the Everett-based company to continue trading on the NASDAQ stock exchange.
Frontier Financial Corp. announced a $141.1 million third-quarter loss, up from a net loss of $50 million in the second quarter
Frontier Bank is suing the Edmonds-based McNaughton Group, stating in court documents that the bank is owed more than $40 million by the real estate development company.
Frontier Financial Corp. is seeking a new white knight investor today after a merger that would have provided a $427 million cushion for the beleaguered bank was called off.
The takeover of the Everett-based bank will provide it the capital it needs to expand into southwest Washington and into Oregon.
The bank announced that it will merge with a New York company, if shareholders approve.
Frontier Financial Corp. continued to lose money in the second quarter of this year, announcing a $50 million loss.
The parent company of Frontier Bank announced that 46 bank employees were laid off this week, an attempt to absorb the impact of economic recession.
he Federal Reserve tightened its oversight of the parent company of Frontier Bank.
The stock price of Frontier Financial Corp. rose nearly 50 percent, erasing losses it suffered after a large quarterly loss.
Frontier Bank lost $33.8 million during the first three months of 2009, owing in large part to $58 million set aside to provide for loan losses.
A series of big changes at Frontier Financial Corp., including shrinking executive salaries and increasing director oversight, were largely the result of a directive issued by state and federal regulators.
Shares of Frontier Financial Corp. dropped 37 percent, fueling concerns about the future of Everett-based Frontier Bank.
Everett-based institution posts losses near $90 million for 2008.
Frontier Financial Corp. announced a 88.6 percent drop in its second quarter earnings compared with the same three months last year.
The merger of Frontier and another locally-based banks was called off after a bumpy regulatory process.
A series of bad reports in the banking industry caused Frontier Financial Corp.'s stock to continue to fall -- a day after it plunged more than 25 percent.