Columbia Banking System Inc. and Pacific Premier Bancorp Secure Regulatory Approvals for Merger, Expected to Close by August 31, 2025
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Columbia Banking System Inc. and Pacific Premier Bancorp have received all necessary regulatory approvals for their merger, expected to close by August 31, 2025. The approvals were granted by the Federal Reserve, FDIC, and Oregon's financial regulation department, following shareholder approvals on July 21, 2025. The all-stock merger, announced on April 23, 2025, aims to enhance market leadership in the West and provide long-term value to stakeholders.
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