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Umpqua Bank issued a statement Wednesday in response to allegations about Umpqua’s conduct that emerged during a Bend’s company’s bankruptcy proceedings. Kevin Padrick, trustee in the bankruptcy filed by Summit Accommodators Inc. , accused Portland-based...
Tags: Umpqua Bank
The Washington state Department of Financial Institutions has closed the Vancouver-based Bank of Clark County because of inadequate capital and liquidity...The Federal Deposit Insurance Corp. became the bank's receiver. The bank will reopen on Tuesday...
Tags: Bank of Clark County, deposit insured, Federal Deposit Insurance Corp., insured corp, Washington Mutual, umpqua banks, inadequate capital, Umpqua Bank, regulators close, based banks