Skip to main content

Seafirst Corporation - $100,000 American Bank Holding Co. Bond

Inv# SB5025   Bond
Seafirst Corporation - $100,000 American Bank Holding Co. Bond
State(s): Washington
Years: 1976

$100,000 9 1/4% Bond printed by Security Columbian Banknote Company.

Seafirst Corporation was an American bank holding company based in Seattle, Washington. Its banking subsidiary, Seafirst Bank, was the largest bank in Washington, with 235 branches and 497 ATMs across the state.

Formed in 1929 via the merger of Seattle's three largest banks, Seafirst was acquired in 1983 by BankAmerica after posting huge losses from loans it purchased from the failed Penn Square Bank; the Seafirst brand was retired in 1999 after NationsBank acquired BankAmerica the previous year and subsequently implemented the Bank of America brand nationwide. Read more at

Condition: Excellent

A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.

Item ordered may not be exact piece shown. All original and authentic.