SEATTLE -- Washington Federal Savings said it planned to reorganize its operations into a holding company and to become a wholly owned subsidiary of a newly formed Washington corporation with each outstanding share of common stock of Washington Federal Savings becoming one share of common stock of the new holding company.

The reorganization is subject to regulatory and shareholder approval.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.