News Topic: Oregon

The combined institution will hold assets of more than $335 million and serve over 20,000 members across eight counties in Oregon. ... Read full article

The Eugene-based institution joined a small but growing number of credit unions that have raised their entry-level pay in recent years. ... Read full article

Even as the bank’s sales practices faced intense government scrutiny following the Wells Fargo scandal, senior leaders in Oregon were fostering a culture that valued credit-card sales above all else, according to several former employees. ... Read full article

The Oregon company tapped Tory Nixon to serve as president of its bank. ... Read full article

Unlike other regions of the country, the western U.S. has seen very few large bank mergers in recent years. Here's why Pacific Premier's acquisition of Opus Bank could change that. ... Read full article

Incoming CEO Clint Stein said the Tacoma, Wash., company is ready to revisit deals after spending three years updating its digital platforms. ... Read full article

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 ... Read full article

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

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. ... Read full article

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. ... Read full article

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

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. ... Read full article

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

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

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. ... Read full article

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. ... Read full article

Attorney General Jeff Sessions did not keep the rest of Washington apprised of his plan to rescind an Obama-era memo on pot. Now Fincen and other federal banking agencies are dealing with the backlash from that decision. ... Read full article

Attorney General Jeff Sessions’ decision to rescind an Obama-era directive that helped foster the marijuana sector’s growth raises new risks for banks and credit unions that do business with growers and dispensaries. ... Read full article