Umpqua Bank - Business-News-Today.com

US bank holding firms Columbia Banking System, Umpqua complete merger deal

By Pallavi Madhiraju on March 1, 2023 General business news

Columbia Banking System, the parent company of Columbia Bank, and Umpqua Holdings Corporation, the holding company for Umpqua Bank, have closed their previously announced merger. The all-stock deal, which was announced by the American bank holding companies in October 2021, is aimed at creating one of the largest banks based on the US West Coast […]

Columbia Banking System to merge with rival bank holding firm Umpqua

By Pallavi Madhiraju on October 12, 2021 General business news

Columbia Banking System, the parent company of Columbia State Bank, has signed an all-stock merger deal with rival US banking holding company — Umpqua Holdings Corporation, the owner of Umpqua Bank. The deal is aimed at creating a leading banking group on the West Coast with over $50 billion in assets under management. As per […]