Pacific Financial shareholders approve merger with Banner Corporation

Go back to Pacific Financial shareholders approve merger with Banner Corporation

Pacific Financial Corporation Announces Shareholder Approval of Merger Agreement

August 13, 2026 8:30 AM EDT

ABERDEEN, Wash., Aug. 13, 2026 (GLOBE NEWSWIRE) -- Pacific Financial Corporation (OTCQX: PFLC), (the Company), the holding company for Bank of the Pacific, announced that at the special meeting of shareholders held on August 12, 2026, the Companys shareholders approved the Agreement and Plan of Merger, dated as of April 30, 2026 (the Merger Agreement), between Banner Corporation (Banner) and the Company, pursuant to which, subject to satisfaction or waiver of certain conditions set forth in the Merger Agreement, the Company will merge with and into Banner, with Banner surviving the merger. The Company and... More