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Home » Fairfield bank plans to move city branch

Fairfield bank plans to move city branch

FDIC must approve change of new downtown location

June 17, 2010
Kim Frlan

The Bank of Fairfield, based in Fairfield, Wash., has applied to the Federal Deposit Insurance Corp. and the Washington state Department of Financial Institutions to relocate its only Spokane location, a third floor branch office at 201 W. North River Drive, to a ground floor space in the Fidelity Building, at 522 W. Riverside Avenue here.

Bank of Fairfield has declined to comment on the planned branch move.

Bob Spooner, a Goodale & Barbieri Co., leasing agent for the North River Drive space, says Bank of Fairfield was operating on a month-to-month lease there, but has not renewed its lease.

Bill Butler, leasing agent for the Fidelity Building property, says "there are a few minor contingencies that we're working on," to complete the new lease agreement.

Bank of Fairfield also has branches in Spangle, Spokane Valley, Rockford, and Rosalia. The bank is owned by Fairfield Financial Holdings Corp., the subsidiaries of which had assets of $136.4 million as of March 31, 2010.

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