Columbia Banking System, the parent company of Columbia Bank, and Umpqua Holdings Corporation, the parent company of Umpqua Bank, jointly announced that the Federal Deposit Insurance Corporation approved the previously announced combination of the two companies.
Columbia Bank, the wholly-owned subsidiary of Columbia Banking System, expanded its business lending division into Utah with the hires of veteran Salt Lake City-area bankers Jeffrey Thomas and James Divver.
Columbia Bank and RSB Bancorp signed a definitive merger agreement.
Columbia Financial, the holding company for Columbia Bank, and Stewardship Financial have received the requisite regulatory approvals to complete the Columbia’s acquisition of Stewardship.
Columbia Bank’s President and CEO Hadley Robbins will retire on December 31, 2019. The board of directors has appointed Clint Stein, Columbia’s current COO, to succeed Robbins as CEO.
Columbia Bank has hired industry veteran and long-time Eugene market leader Jeff Singer as senior market president for Eugene, OR.
Columbia Bank promoted Lisa Dow to the newly created position of executive vice president, chief risk officer.
HealthFirst Financial, a national patient financing provider, secured a $70 million line of credit from a lending syndicate that includes Umpqua Bank, Columbia Bank, Opus Bank and Pacific Continental Bank.
Columbia Bank announced that Hadley Robbins was appointed EVP and COO for Columbia Bank and its parent, effective March 1, 2014.