Columbia Bank
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Columbia Bank
Umpqua Holdings Corporation, Doing business as, d.b.a. Umpqua Bank, is a financial holding company based in downtown Portland, Oregon, Portland, Oregon, United States. Headquarters are in the Umpqua Bank Plaza, formerly the headquarters of Benj. Franklin Savings and Loan. The firm has two principal operating subsidiaries: Umpqua Bank (the Bank) and Umpqua Investments (formerly Strand, Atkinson, Williams and York (Investments)). The company’s main operating segments are personal banking and lending, business banking and lending, and wealth management. The bank serves consumers and businesses in the community.Pender, Kathleen“Umpqua Bank aims to be part of S.F. community.”SFGate. Aug. 28, 2013 As of 2015, Umpqua Bank had $24 billion in assets and $18 billion in deposits and was ranked among the List of largest banks in the United States, largest 60 banks in the nation.Securities and Exchange Commission Form 10-k. Commission File number 001-34624 Its parent company, Umpqua Hold ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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