Important Announcements from Banner Bank

AltaPacific Bancorp and Banner Bancorporation have reached an agreement for AltaPacific Bank to merge with and into Banner Bank.

Banner has reached an agreement to sell the deposits and loans of its Sandpoint Branch to STCU.

Banner Corporation completes acquisition of Skagit Bancorp, Inc. Pursuant to the previously announced terms of the acquisition, Skagit shareholders are entitled to receive 5.6664 shares of Banner common stock in exchange for each share of Skagit common stock, plus cash in lieu of any fractional shares.