Oregon

What’s fueling Citizens’ westward expansion

10/09/19

The Providence, R.I., bank recently installed a new regional head in California to oversee a commercial banking expansion into five western states. The bank says it’s trying to craft a successful growth strategy while reassuring investors it isn’t overreaching.

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New firm sees opening to provide investment services to community banks

09/19/19

JWTT, created by former Wedbush Securities bankers, says it will use its connections to court business from other investment banks that were recently sold.

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Cross River gets onboarding system it coveted in fintech deal

06/24/19

Seed, a San Francisco startup, has developed a platform that lets small businesses quickly open accounts online. That's an important feature for Cross River as it courts more fintech clients.

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Why a once-acquisitive bank cooled on M&A

04/22/19

Columbia Banking CEO Hadley Robbins says he's confident the bank can grow on its own as the number of buyout targets in the Pacific Northwest dwindles.

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Hemp legalization could be boon for banks

12/19/18

Banks were reluctant to offer services to an industry that had a hazy legal status. That’s about to change.

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‘Still a real need for … human interaction’ in retail banking’s future

08/03/18

Tory Nixon, who became Umpqua's chief banking officer this spring, is trying to drive more customers to use mobile banking (only 15% do so now industrywide) without alienating them in the process.

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Umpqua names leadership for innovation unit

07/12/18

It will be the third collaboration together for the new CEO and CTO at Pivotus Ventures.

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Jail time for two former bankers in fraud case

06/14/18

Dan Heine and Diana Yates were accused of hiding Bank of Oswego's condition by inaccurately reporting bad loans.

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Heritage Financial makes bigger push into Portland, Ore., with bank deal

03/09/18

The company has agreed to pay $89 million for Premier Commercial Bancorp. The acquisition would significantly increase its branch presence and lending in the Portland area.

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Grand plan, local connections led this bank to a pivotal acquisition

02/13/18

People's Bank of Commerce in southern Oregon decided it had to diversify to survive, so when a director heard a factoring firm he co-founded was up for sale, the bank seized the moment. Now it has other deals in mind.

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