Idaho

CUs’ impact in Oregon/Washington is equivalent to the annual revenue of Hershey, Mutual of Omaha.

An influx of new people to the Pacific Northwest and Southeast could have big implications for banking, from M&A to de novo efforts.

Umpqua Holdings in Portland, Ore., plans to close 26 branches in Oregon, California, Idaho and Washington state in an effort to cut costs.

TCF Financial in Wayzata, Minn., will close 33 branches inside Jewel-Osco stores in the Chicago area.

MOUNTAIN HOME, Idaho — Pioneer Federal Credit Union here has deployed video teller technology to its ATMs.

OGDEN, Utah — The thief who allegedly robbed ISU Credit Union at gunpoint last week used a fake bomb to rob a bank Thursday.

CHUBBUCK, Idaho — Police believe they have identified the man who walked into ISU Credit Union last weekend, displayed a gun and tied up two employees before leaving with an undisclosed amount of money.

Columbia Banking System in Tacoma, Wash., has agreed to buy Intermountain Community Bancorp in Sandpoint, Idaho. The $7.2 billion-asset Columbia will pay $121.5 million, or $18.22 a share, in cash and stock for the $911 million-asset Intermountain.

Northwest Bank in Boise, Idaho, has agreed to buy Regal Financial Bank in Seattle.

Idaho Independent Bank (IIBK) in Boise will offer medical savings accounts to American Health Value customers.

D.L. Evans Bancorp in Burley, Idaho, was the successful bidder for Idaho Banking in Boise following a bankruptcy auction.

ALEXANDRIA, Va. — Idaho, Iowa and Virginia continue to lead the way in state-level gains, according to NCUA.

Multiple bidders are the new normal in bankruptcy auctions of banks. Case in point is Banner Corp., which anticipates at least one competing offer for Idaho Banking in Boise. Some banks are increasingly letting an initial bidder bear the preparatory expense before swooping in with a higher price.

BOISE — The Idaho CU League has announced that Kathy Thomson will continue on as president and CEO, removing the "interim" from that title and making her the first female in the top spot since the league's founding.

The Idaho Department of Finance closed the $153.4 million-asset Syringa Bank in Boise on Friday. It was the first bank closed in the state in nearly five years.

Cascade Bancorp (CACB) in Bend, Ore., has outbid another company to snag Home Federal (HOME) in Nampa, Idaho.

Bank mergers, failures and charter consolidations are cutting into the exam fees that provide the financial lifeblood for regulators in Idaho, Montana and other states. Their attempts to balance the budget can cause small banks to pay higher fees.

Home Federal Bancorp was looking for ways to grow its earning assets as the benefits of FDIC loss shares from two failed-bank deals faded. Lacking good prospects, it decided to sell itself to Banner Corp. More banks could find themselves in the same boat.

The $4.24 billion-asset Banner said Tuesday it has agreed to buy Home Federal Bancorp (HOME) in Nampa, Idaho, for $197 million in cash and stock.

Home Federal Bancorp (HOME) in Nampa, Idaho, said Friday that it is closing four branches in Oregon as part of its ongoing effort to reduce overhead and improve efficiency.