It’s been a bit over a week now, but people are still noting the
absence of the familiar “Big Red 1” on
several corners throughout the Valley.
On Monday, Sept. 27, Seafirst banks throughout the region
formally changed their name and logos to that of the “new” Bank of America.
Down came the Seafirst markings, and up went the stylized flag of BofA.
Seafirst – founded in 1870 as Phillips, Horton and Company
and later named Seattle First Bank – became a subsidiary of BankAmerica
in 1983. The Seafirst name is being dropped as a result of the
October 1998 merger of NationsBank and BankAmerica, which created
the nation’s first coast-to-coast banking company. The merged company is
the largest bank in the United States, with operations in 21 states and the
District of Columbia.
As part of the official unveiling, Bank of America announced it
is awarding over $700,000 in “Day One” grants to a variety of nonprofit
agencies throughout Washington state. In addition, on Oct. 2
approximately 3,000 bank employees fanned out throughout the state to perform
community volunteer service projects.
Seafirst Customers will see the new signs at the region’s branches,
but corporate spokesmen advise their banking services and account
numbers will not change. Customers can continue to use their existing checks
and deposit slips. Replacement ATM, debit, and credit cards with the
new Bank of America name and logo should arrive by the end of
November.
Bank of America currently employs over 8,400 in Washington at
235 banking centers and non-branch business units. The North Bend branch
is located at 128 Bendigo Blvd. and is managed by Anu
Sharma. Snoqualmie’s branch is at 38565 S.E. River St., under the direction
of Carolyn Fischer.
In Duvall, the Bank of America branch is located at 15630 Main
St. Robin Berger is the manager.