AmericanWest Bank To Become a Privately Held Company - Spokane, North Idaho News & Weather KHQ.com

AmericanWest Bank To Become a Privately Held Company

SPOKANE, Wash. - AmericanWest Bancorporation in Spokane announced today that SKBHC Holdings, LLC, has agreed to commit up to $200 million as a long-term investment into the bank. The investment will satisfy AmericanWest Bank's regulatory capital requirements and returns the bank to well-capitalized status.  SKBHC is a private investor led by experienced banking professionals. 

AmericanWest Bank has been working to recapitalize the bank for more than a year.  A spokesperson today said, there's nothing about the bank that is changing or impacted except they will have even more capital to carry out daily functions. AmericanWest has 58 branches that extend from Spokane and Eastern Washington through Idaho to southern Utah.

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