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Acquired by Columbia Banking System
- The parent company of Portland-based Umpqua Bank is being acquired by Columbia Banking System in a $5.1 billion, all-stock deal that will retain the Umpqua brand and split the business’ headquarters between Tacoma and Portland’s suburbs. The combined bank will put its corporate office in Tacoma, Columbia’s headquarters.
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On March 1, 2023, we officially merged with Columbia Bank. Our combined bank will provide the exceptional service and business banking expertise you enjoy today while offering an expanded array of solutions to help your family and your business grow.
- FAQs
We’re excited about our merger with Columbia Bank and what...
- Branch Consolidations and Moves
Continue to bank as usual. If your account is held at one of...
- Greater Access Is Coming Soon
Until the systems conversion on March 20, Umpqua Bank...
- Branding Changes
Beginning March 20, our private banking functions will be...
- Expanded Services
Located at: Umpqua Bank 1301 A Street Suite 800 Tacoma WA...
- No Service Interruptions
You Can Continue to Bank as Usual . Though the merger has...
- FAQs
Mar 1, 2023 · Columbia Banking System and Umpqua Holdings Corporation Complete Merger. The new institution now ranks as a top-30 U.S. bank and offers a combination of robust commercial, small business...
Oct 12, 2021 · The parent company of Portland-based Umpqua Bank is being acquired by Columbia Banking System in a $5.1 billion, all-stock deal that will retain the Umpqua brand and split the business’...
Closing Details. At the effective time of the merger on February 28, 2023, each share of Umpqua common stock was converted into the right to receive 0.5958 of a share of Columbia common stock, with Umpqua shareholders receiving cash in lieu of fractional shares.
Oct 12, 2021 · The parent company of Portland-based Umpqua Bank is selling to Columbia Banking System in a $5.1 billion deal that will keep the Umpqua brand and split the business’ headquarters between Tacoma...
Jan 26, 2022 · Columbia Banking System, Inc. ("Columbia") (NASDAQ: COLB), the parent company of Columbia State Bank, and Umpqua Holdings Corporation ("Umpqua") (NASDAQ: UMPQ), the parent company of Umpqua Bank, jointly announced that they have received all required shareholder approvals related to the proposed combination between Columbia and Umpqua.
On March 1, 2023, the merger between Umpqua Bank and Columbia Bank was completed. As a result of the combination, you now have access to over 300 branch and ATM locations throughout the West.