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Federal Reserve Board announces approval of application by Columbia Banking System, Inc.

October 06, 2017

Federal Reserve Board announces approval of application by Columbia Banking System, Inc.

For release at 3:30 p.m. EDT

The Federal Reserve Board on Friday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by Columbia Banking System, Inc., Tacoma, Washington, to acquire Pacific Continental Corporation ("Pacific") and thereby indirectly acquire Pacific's subsidiary bank, Pacific Continental Bank, both of Eugene, Oregon.

Attached is the Board's order relating to this action.

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