Columbia Banking System Inc and Columbia Bank Announces Management Changes
May 07, 2018 at 01:15 pm EDT
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Columbia Banking System Inc., the parent company of Columbia Bank, has promoted Brock Lakely as senior vice president, chief accounting officer of the company and the bank, effective June 1, 2018. Lakely, who has been vice president, director of Accounting since August 2015, has held senior positions in the accounting department at Columbia since joining the Bank in September 2011. Lakely replaces Barry Ray as chief accounting officer, following Ray's announced departure from the company.
Columbia Banking System, Inc. is the bank holding company for Umpqua Bank (the Bank). Through the Bank, the Company provides a broad range of banking, private banking, mortgage, and other financial services to corporate, institutional, small business, and individual customers. The bank offers specialized loans for corporate, middle market, and small business customers, including commercial lines of credit and term loans, and others. It offers deposit products, including non-interest-bearing checking accounts, analyzed business accounts, interest-bearing checking and savings accounts, money market accounts, insured cash sweep and other investment sweep solutions. The Bank also provides loans to individual borrowers for a variety of purposes, including secured and unsecured personal loans, home equity and personal lines of credit, and motor vehicle loans. The Bank primarily operates in Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, and Washington State.