Bay View Bank

Bay View Bank

Type	Subsidiary
Industry	Financial Services
Fate	Liquidation 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
Founded	1973
Headquarters	San Mateo, CA
Total assets	US$ 3.87 billion (09/2002)
Number of employees	707 (09/2002)
Parent	Bay View Capital Corp.

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. U.S. Bank bought its retail branch network and home mortgage assets, and Washington Mutual bought its multifamily and commercial real estate assets.

References

• - Bay View liquidates, sells assets to U.S. Bank, Wamu