Umpqua Bank Acquires Sterling Financial

Portland, Ore. — Oregon-based Umpqua Bank is just weeks away from acquiring Washington-based Sterling Financial Corporation. A company representative says “the combined company, operating as Umpqua Bank, will have $22 billion in assets and nearly 400 stores across five states, forming the largest community bank on the United States’ West Coast.” The merger is expected to be complete Friday, … Continue reading »

Robbery at Umpqua Bank

PHOENIX, Ore. — We have confirmed reports that there has been an armed robbery at the Umpqua Bank in Phoenix. No one was injured. Police are on scene and are doing an active search at this time. We have a reporter at the scene now and will continue to bring you the most up-to-date information … Continue reading »