Gesa Credit Union to acquire Security State Bank to expand service in the Pacific Northwest
Acquiring Company
Gesa Credit Union
Acquired Company
Security State Bank
RichlandCentraliaEnergyFinancial ServicesRenewable EnergyLendingNon ProfitBiomass EnergyFinancial ServicesFinanceLendingBankingDescription
Gesa Credit Union, a community-focused credit union headquartered in Richland, Washington, has announced the agreement to acquire and assume substantially all of the assets and liabilities of Security State Bank. This acquisition will fuel Gesa's decision to expand its footprint and service in the Pacific Northwest, allowing for the empowerment of new communities and more extensive financial assistance.
Quick answer
Gesa Credit Union is acquiring Security State Bank, announced May 23, 2024. Gesa Credit Union is based in Richland, Washington, United States.
- How much did Gesa Credit Union pay for Security State Bank?
- The deal value was not disclosed.
- What does Gesa Credit Union do?
- Gesa Credit Union is a community-focused credit union headquartered in Richland, Washington.
- Where are Gesa Credit Union and Security State Bank based?
- Gesa Credit Union is based in Richland, Washington, United States. Security State Bank is based in Centralia, Washington, United States.
- Who are the decision-makers at Gesa Credit Union?
- Fundz holds 1 contact at Gesa Credit Union. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Gesa Credit Union, and when
When Gesa Credit Union changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Gesa Credit Union raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Gesa Credit Union, from your own LinkedIn network
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Frequently asked
Who acquired Security State Bank?
Security State Bank was acquired by Gesa Credit Union, based in Richland. The deal was reported on May 23, 2024. Gesa Credit Union is a community-focused credit union headquartered in Richland, Washington. It is one of Washington's largest credit unions, with over $5.5 billion in assets. Gesa Credit Union is privately held and operates in Energy.
When did Gesa Credit Union acquire Security State Bank?
Gesa Credit Union's acquisition of Security State Bank was reported on May 23, 2024. Gesa Credit Union, a community-focused credit union headquartered in Richland, Washington, has announced the agreement to acquire and assume substantially all of the assets and liabilities of Security State Bank. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Security State Bank do?
Security State Bank is a Washington-chartered commercial bank based in Centralia, Washington. It is privately held, operating in Financial Services, and is based in Centralia.
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