Washington's Columbia State Bank Acquires Oregon's Columbia River Bank After Closure By Oregon Regulator

OLYMPIA – The Washington State Department of Financial Institutions announces Columbia State Bank’s acquisition of Oregon’s Columbia River Bank.

“While it is always discouraging to see a bank closed, we are pleased one of Washington’s state-chartered banks is able to make this valuable acquisition,” DFI Director of Banks Brad Williamson said. “We’re certain our state chartered bank will work hard to ensure Columbia River Bank customers receive excellent service.”

Details on the Columbia River Bank closure and acquisition by Columbia State Bank can be found at the Oregon Department of Consumer & Business Services website.