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As of 2015, Umpqua Bank had $24 billion in assets and $18 billion in deposits and was ranked among the largest 60 banks in the nation. [2] Its parent company, Umpqua Holdings, was publicly traded. [1] As of 2016, Umpqua Bank was the largest Oregon-based bank and had 350 branches in Oregon, Washington, California, Nevada and Idaho. [3] [4]
The building's name is derived from former anchor tenant, Pacific Western Bank of Oregon, owned by PacWest Bancorp. However, PacWest's Oregon operations were acquired by KeyCorp in 1986 and became part of KeyBank. [9] [10] Tokyo-based Mitsubishi Estate Co. had been the majority owner in the building since it rose in 1984. [11]
In 1995, First Hawaiian Bank established Pacific One Bank to hold 30 branches in Washington, Oregon, and Idaho that it acquired from West One Bank when that bank was acquired by U.S. Bancorp and had to divest certain assets, due to the number of preexisting branches of U.S. Bank in the region. Three years later, in 1998, BNP and First Hawaiian ...
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Rainier Bank Alaska was renamed Security Pacific Bank Alaska. [11] Rainier Bank Oregon was merged into recently acquired Oregon Bank to form Security Pacific Bank Oregon. [11] In 1992, Security Pacific Bank merged with San Francisco-based BankAmerica (now called Bank of America), a deal that was at the time one of the largest bank mergers in ...
Beneficial State Bank (formerly One PacificCoast Bank, FSB; and OneCalifornia Bank) is an Oakland, California-based community development bank.The bank was founded in 2007 by billionaire philanthropist and former presidential candidate Tom Steyer and his wife Kat Taylor, to provide loans and banking services to individuals in low wealth communities, including entrepreneurs and existing businesses.
The bank was founded in October 1999 [1] [4] as First Community Bancorp. In March 2002, it acquired Capital Bank of North County. [5] In April 2002, it acquired Upland Bank, with $108 million in assets. [6] In 2005, it acquired Glendora, California–based Foothill Independent Bancorp for $238 million. [7]
In the same year, U.S. National Bank of Portland acquired the Ladd & Tilton Bank, [21] which had been established in 1859, and was the first financial institution in the Pacific Northwest. [22] This acquisition made USNB "the largest financial institution north of San Francisco and west of Minneapolis". [21]