Oregon

Cascade Bancorp in Bend, Ore., has named a new bank president and chief operating officer, as its chief executive hands over some of his leadership responsibilities.

Umpqua Holdings in Portland, Ore., posted stronger quarterly earnings because of an increase in mortgage banking fees and lower costs.

Umpqua Holdings in Portland, Ore., has hired Tory Nixon, who played for the San Francisco 49ers in the 1980s, as head of commercial banking.

Umpqua Holdings in Portland, Ore., has created a unit dedicated to disrupting the banking industry.

Quarterly profits fell slightly at Umpqua Holdings in Portland, Ore., because of fewer proceeds from loan sales, tighter margins and other factors.

Umpqua Holdings in Portland, Ore., said Luanne Calvert, chief marketing officer at Virgin America, will join its board on Sept. 25.

BBVA Compass' Simple said it has removed fees for its checking accounts and other banking transactions.

Umpqua Holdings in Portland, Ore., reported higher second-quarter profit, citing lower merger costs and growth in residential real estate lending and equipment finance.

Pacific Continental in Eugene, Ore., has hired the former chief financial of Tower Financial in Indiana as its new CFO.

SEATAC, Wash., and TIGARD, Ore. — The Northwest Credit Union Association on Tuesday said it has unveiled a "new online dating website" for its CUs.

PacWest Bancorp in Los Angeles announced Tuesday that Chief Financial Officer Victor Santoro plans to retire from the post this summer and West Coast banking veteran Patrick Rusnak will succeed him in that role.

ROSEBURG, Ore. — Cascade Community Credit Union has named Robert "Bob" Dempsey as its new chief executive officer.

Umpqua Holdings in Portland, Ore., fell short of Wall Street expectations for the fourth quarter because of a decline in fee-based income.

Nationwide the number of bank branches fell by about 1.7% last year. But some cities and states were hit harder than others, according to data from the Federal Deposit Insurance Corp. and research firm BankRegData.

CORVALLIS, Ore. — The $885 million OSU Federal Credit Union here is making what it terms a "strategic move," switching from a federal to a state charter effective Jan. 1.

Pacific Continental in Eugene, Ore., has agreed to buy Capital Pacific Bancorp in Portland, Ore.

Opus Bank in Irvine, Calif., has signed a lease to open its first banking office in Oregon.

Northwest Community CU in Springfield, Ore., has completed its previously announced acquisition of Fred Meyer Employees FCU in Portland, Ore.

Thomas H. Lee Partners and Warburg Pincus are selling the rest of their stock in Umpqua Holdings in Portland, Ore.

Profits at Umpqua Holdings in Portland, Ore., rose in the third quarter, on gains from its recent acquisition of Sterling Financial.