Constellation Similarity Assertions

In 1890, prominent Portland businessmen incorporated the Oregon Building & Loan Association, which was renamed the Equitable Savings & Loan Association in 1899. The association occupied space in a number of downtown Portland buildings before constructing its first home at the corner of Southwest Sixth Avenue and Stark Street in 1932. Another new building replaced that one on the site in 1948. In 1965, the Association built the Equitable Center at 1300 Southwest Sixth Avenue. Pietro Belluschi, noted architect, designed all three of the buildings.

Equitable began its expansion into branch banking in 1941 at Seattle, Wash. Its branches eventually numbered more than 50 in Idaho, Oregon, Utah, and Washington. Equitable was associated with GAC Corp. from about 1969-1972. When it merged with Benjamin Franklin Savings & Loan Association in 1982, Equitable was the oldest savings and loan in the Northwest.

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