OAK HARBOR, Wash., April 19, 2010 (GLOBE NEWSWIRE) -- Washington Banking Company (Nasdaq:WBCO), the holding company for Whidbey Island Bank, announced today that management has scheduled a conference call for Tuesday, April 20, 2010, at 1:00 p.m. PDT (4:00 p.m. EDT) to discuss details of the recently announced FDIC assisted acquisition of City Bank of Lynnwood, WA. The call will be broadcast live via the internet and there will be a slide presentation.
Investment professionals and all current and prospective shareholders are invited to access the live call by dialing (480) 629-9818 at 1:00 p.m. PDT for conference ID #4286993. To listen to the call online, either live or archived, visit the Investor Relations page of Whidbey Island Bank's website at www.wibank.com. Shortly after the call concludes, the replay will also be available at (303) 590-3030, using access code #4286993, where it will be archived for thirty days.
ABOUT WASHINGTON BANKING COMPANY
Washington Banking Company is a bank holding company based in Oak Harbor, Washington, that operates Whidbey Island Bank, a state-chartered full-service commercial bank. Founded in 1961, Whidbey Island Bank provides various deposit, loan and investment services to meet customers' financial needs. Whidbey Island Bank operates 26 full-service branches located in six counties in Northwestern Washington. In June 2009, Washington Banking was added to the Russell 2000 Index, a subset of the Russell 3000 Index. Both indices are widely used by professional money managers as benchmarks for investment strategies.