West Coast Bank to merge with WA-based bank - KPTV - FOX 12

West Coast Bank to merge with WA-based bank

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LAKE OSWEGO, OR (AP) -

Two Northwest commercial community banks are merging.

West Coast Bancorp of Lake Oswego and Columbia Banking System of Tacoma, Wash., announced the merger Wednesday. The transaction is expected to be completed early next year, after approval from shareholders and regulators.

West Coast has 58 branches in Oregon and Washington.  Columbia has 76 branches in Washington and 25 in Oregon under the Bank of Astoria name.

Copyright 2012 The Associated Press. All rights reserved.

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