Heritage Financial receives all regulatory approvals for Olympic Bancorp merger; expects close Jan 31, 2026

HERITAGE FINANCIAL CORP /WA/

Received approvals from FDIC, Washington DFI, and Federal Reserve (non-objection) for merger of Olympic Bancorp and Kitsap Bank into Heritage.
All required regulatory approvals now obtained; closing targeted on or about January 31, 2026.
Transaction remains subject to shareholder approval from both Heritage and Olympic shareholders.
CEO says combination will create a more robust banking platform for Puget Sound communities.

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