Wash. Rev. Code » Title 35 · Chapter 35.38
Revised Code of Washington

Wash. Rev. Code § 35.38.060 (2026)

Definition—"Financial institution."

✓ current as of May 2026
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"Financial institution," as used in the foregoing provisions of this chapter, means a branch of a bank engaged in banking in this state in accordance with *RCW 30.04.300, and any state bank or trust company, national banking association, stock savings bank, mutual savings bank, or savings and loan association, which institution is located in this state and lawfully engaged in business.
[ 1984 c 177 s 4; 1965 c 7 s 35.38.060. Prior: 1907 c 22 s 4; RRS s 5574.]

Notes:

*Reviser's note: RCW 30.04.300 was recodified as RCW 30A.04.300 pursuant to 2014 c 37 s 4, effective January 5, 2015.
Notes of Decisions
Cited in 6 cases (1 in the last 5 years), 1989–2021 · leading case: State Of Washington, V. Christopher Lee Derri, 486 P.3d 901 (Wash. Ct. App. 2021).
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State Of Washington, V. Christopher Lee Derri, 486 P.3d 901 (Wash. Ct. App. 2021). “010 or RCW 35.38.060, to wit: Chase Bank; Contrary to RCW 9A.”
State v. Liden, 156 P.3d 259 (Wash. Ct. App. 2007). · cites it 3× “010(6) or RCW 35.38.060. The trial court denied Liden's motion, ruling that a reasonable juror could infer that Heritage Bank was a "financial institution" based on the circumstantial evidence.”
State v. Liden, 138 Wash. App. 110 (Wash. Ct. App. 2007). · cites it 3× “010(6) or RCW 35.38.060. The trial court denied Liden’s motion, ruling that a reasonable juror could infer that Heritage Bank was a “financial institution” based on the circumstantial evidence.”
Fin. Pac. Leasing, Inc. v. City of Tacoma, 776 P.2d 136 (Wash. 1989). “In RCW 35.38.060, a financial institution is defined as "a bank engaged in banking in this state in accordance with RCW 30.”
State Of Washington, Respondent/cr-appellant v. Stephen August Haff, Appellant/cr-respondent (Wash. Ct. App. 2015). · cites it 2× “010 or RCW 35.38.060." RCW 9A.56.200(1)(b). Per RCW 35.”
State Of Washington v. Benjamin I. Roy (Wash. Ct. App. 2015). “" The instructions further provided the following definition of financial institution: "Financial institution" means a bank, trust company, mutual savings bank, savings and loan association, or credit union authorized by federal or state law to accept deposits in this state.[2]…”
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