Bay View Bank's parent company, Bay View Capital Corp., voluntarily liquidated both itself and its namesake bank. Retail banking operations acquired by U.S. Bank.
Successor
U.S. Bank
Headquarters
San Mateo, California
Total assets
US$ 3.87 billion (09/2002)
Number of employees
707 (09/2002)
Parent
Bay View Capital Corporation
Website
Archived official website
Bay View Bank was a San Mateo, California, based bank which, at its height, operated 58 branches across the San Francisco Bay Area. It was one of the largest locally based banks in the San Francisco market. It had $3.03 billion in combined total deposits and $731,000 in loans, as of September 30, 2002.
A wholly owned subsidiary of Bay View Capital Corp., Bay View Bank was liquidated in 2002 and sold off in parts.[1][2] U.S. Bank bought its retail branch network and home mortgage assets,[3] and Washington Mutual bought its multifamily and commercial real estate assets.[4]
^Calvey, Mark (July 22, 2002). "Bay View liquidates, sells assets to U.S. Bank, Wamu". San Francisco Business Times.
^"U.S. Bank Agrees to Purchase Bay View Bank Retail Branches". PR Newswire (Press release). July 22, 2002. Archived from the original on 2017-04-23. Retrieved 2017-04-22.
^"Bay View Capital Closes Sale of Branches to U.S. Bank". PR Newswire (Press release). November 1, 2002. Archived from the original on 2017-05-19. Retrieved 2017-04-22.
^"Bay View Announces Sale of Commercial and Multifamily Loans To Washington Mutual". PR Newswire (Press release). August 12, 2002. Archived from the original on 2017-04-24. Retrieved 2017-04-22.
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