One PacificCoast Bancorp (OPCB) in Oakland, Calif., has agreed to buy a controlling stake in Albina Community Bancorp (ACBC) in Portland, Ore.

The $128 million-asset Albina Community will sell a 90% stake in itself to One PacificCoast, Cheryl Cebula, Albina's president and chief executive, said in an interview.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.