Kalk v. Security Pacific Bank Washington N.A.

— Petitioner Marjorie Kalk and her mother, Marjorie Worsham, owned three certificates of deposit (CD’s) as joint tenants with right of survivorship. Without her daughter’s knowledge, Worsham pledged the CD’s as collateral for bank loans. Following Worsham’s death, the loans went into default and Security Pacific Bank claimed ownership of the CD’s. Kalk sued to recover her survivorship interest in the CD’s, and for damages and attorney fees under the Consumer Protection Act, RCW 19.86. On cross motions for partial summary judgment, the trial court held that Kalk, as a joint tenant with right…