Two local bank branches part of Lynnwood bank failure

Friday, April 16, 2010

The City Bank of Lynnwood, with branches on Ballinger Way and 8th NW, has been closed by federal regulators and sold to Whidbey Island Bank in Oak Harbor.

The bank was closed on Friday and will reopen on Saturday as Whidbey Island Bank. Depositors' money is covered by FDIC up to $250,000 per account.

The Shoreline branches are located at:

North Seattle - Ballinger (pictured)

20333 Ballinger Way NE
Seattle, WA 98155

Shoreline - Richmond Highlands
18840 8th Ave NW
Shoreline, WA 98177

Read the complete story at our news partner, The Seattle Times.

The FDIC has a question and answer page for bank customers.


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