PURCHASE AND ASSUMPTION AGREEMENT WHOLE BANK ALL DEPOSITS AMONG FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER OF PIERCE COMMERCIAL BANK FEDERAL DEPOSIT INSURANCE CORPORATION and HERITAGE BANK DATED AS OF NOVEMBER 5, 2010Purchase and Assumption Agreement • November 12th, 2010 • Heritage Financial Corp /Wa/ • Savings institutions, not federally chartered
Contract Type FiledNovember 12th, 2010 Company IndustryTHIS AGREEMENT, made and entered into as of the 5th day of November, 2010, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER of PIERCE COMMERCIAL BANK, TACOMA, WASHINGTON (the “Receiver”), HERITAGE BANK, organized under the laws of the State of Washington, and having its principal place of business in Olympia, Washington (the “Assuming Institution”), and the FEDERAL DEPOSIT INSURANCE CORPORATION, organized under the laws of the United States of America and having its principal office in Washington, D.C., acting in its corporate capacity (the “Corporation”).