Umpqua Bank will close some South Sound branches – including a facility in Fircrest – formerly operated by Sterling Bank. The moves come after the recent merger of the two banks.
Umpqua is based in Oregon and Sterling had headquarters in Spokane.
Umpqua will consolidate 27 store locations throughout its footprint. Seven California branches will close along with seven in Oregon and 13 in Washington, including the Fircrest location, which will be consolidated with Umpqua’s Pearl Street store.
Umpqua’s Crossing location in Federal Way will close and join the Umpqua Twin Lakes store, and the Federal Way store will be consolidated into the Sterling location on 320th Street, according to bank spokeswoman Leah Almeling.
Premium content for only $0.99
For the most comprehensive local coverage, subscribe today.
“Store consolidations were evaluated and determined based on a number of factors, including overall convenience for customers, our overall network, and proximity to another location,” Almeling said.
“All accounts at consolidating stores will stay with Umpqua and be transferred to the closest location, on average just 1.1 miles from a customer’s current store,” she said.
The South Sound consolidations will likely occur in December.