Washington Mutual Set to Buy Deposits

SEATTLE -- Washington Mutual Savings Bank said the Office of Thrift Supervision has approved its purchase of about $207 million in deposits at 25 Crossland branches in Oregon and Washington.

The transaction is expected to close in mid-November.

Washington Mutual recently completed the acquisition of seven branches, about $306 million in assets, and $248 million in deposits from Vancouver Federal Savings Bank.

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