Bank of the Pacific, based in Aberdeen, has won Federal Deposit Insurance Corporation approval to convert its Vancouver loan production office to a full-service commercial banking center. The loan office at 13115 N.E. 4th St. opened in March 2013 and it had issued $24 million in loans through March 31 of this year.
The commercial banking deposit center is expected to be operational by mid-summer.
Bank of the Pacific currently operates 19 full-service branches in Washington and Oregon.
