DFI but Wells Fargo Okays Deal.

The Division of Financial Institutions in Washington, said he “could not refuse” from the merger of Wells Fargo Financial and Pacific Northwest Bancorp, also expressed as “serious doubts on certain issues.”

The DFI required for all applications for merger with a State Chartered Bank, as Pacific Northwest. In this case, she found that Wells had a good job in compliance with the Community Reinvestment Act, and both Pacific Northwest and were financially sound institutions.

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