Umpqua Bank To Close Over Two Dozen Branches

By Jim McCoy Tue 24th June Newsbank closuresUmpqua Bank
Umpqua Bank says it will close 27 branches by year's end as it consolidates operations after its April merger with Sterling Financial. The Roseburg, Oregon-based bank said Monday that more closures are possible in 2015. The company did not identify the branches due to be closed. The Columbian reports (http://is.gd/v89wCf) the 27 will include 13 branches in Washington and seven each in Oregon and California. Umpqua says it has notified all customers who will be affected by the closures, and will be automatically transferring customer accounts to "the most convenient" branch nearby.

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