Washington

The company said it could use the proceeds to fund acquisitions and to make more loans.

The company has agreed to buy Puget Sound Bancorp to expand in a competitive, fast-growth market.

Anchor Bancorp in Laney, Wash., lowered its expectations in the face of impatient investors and buyers’ concerns about antitrust, credit quality and other issues.

The Washington company said that Sean Brennan, its president and chief operating officer, will become CEO when Jim Mitchell retires next year.

Brent Beardall, who recently took the helm at Washington Federal, discusses having excess capital, myriad potential fintech partners and why he would tweak — not repeal — Dodd-Frank.

Anchor's sale agreement comes less than a year after it put a representative of the activist investor Stilwell Group on its board.

Hadley Robbins succeeded Melanie Dressel, who died unexpectedly on Sunday. Columbia will begin a search for a permanent CEO.

Columbia Banking's CEO, who died unexpectedly on Sunday, was a thoughtful and tenacious leader who leaves a legacy of turning a small Washington bank into a regional power in the Pacific Northwest.

In addition to transforming Columbia Banking System and navigating it through the financial crisis, Dressel was an industry leader.

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