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August 2, 2018

Banner

Walla Walla-based Banner Corp. is acquiring Burlington-based Skagit Bancorp in an all-stock transaction. Upon completion of the deal late this year, Skagit CEO Cheryl R. Bishop will join the Banner board of directors. Banner Corp. is the holding company for Banner Bank and Islanders Bank, and Skagit Bancorp is the holding company for Skagit Bank. The combined company will have about $11.4 billion in assets.




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