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Originally published June 24, 2014 at 6:53 AM | Page modified June 24, 2014 at 8:16 AM

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Umpqua Bank to close 27 branches after merger

Umpqua Bank says it will close 27 branches by year's end as it consolidates operations after its April merger with Sterling Financial.


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PORTLAND, Ore. —

Umpqua Bank says it will close 27 branches by year's end as it consolidates operations after its April merger with Sterling Financial.

The Roseburg, Oregon-based bank said Monday that more closures are possible in 2015.

The company did not identify the branches due to be closed.

The Columbian reports (http://is.gd/v89wCf) the 27 will include 13 branches in Washington and seven each in Oregon and California.

Umpqua says it has notified all customers who will be affected by the closures, and will be automatically transferring customer accounts to "the most convenient" branch nearby.



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