Columbia Banking System, Inc. (COLB) NASDAQ

Currency In USD

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Columbia Banking System, Inc.

Address

1301 A Street

Tacoma, WA 98402-2156

United States of America (the)

Phone

253 305 1900

Sector

Financial Services

Industry

Banks - Regional

Employees

4721

First IPO Date

June 16, 1992

Key Executives

NameTitlePayYear Born
Clint E. SteinPresident, CEO & Chairman of the Board3.76M1972
Ivan SedaCFO & Executive Vice President359,7971984
Judi A. GiemExecutive Vice President & Chief Human Resources Officer858,6001965
Andrew H. OgnallExecutive Vice President & Chief Risk Officer1.43M1972
Ronald L. Farnsworth Jr.Advisor1.94M1971
Christopher MerrywellSenior EVice President & President & Co-President of Columbia Bank2.17M1966
Torran NixonSenior EVP & Co-President of Columbia Bank2.37M1962
Brock LakelyExecutive VP, Chief Accounting Officer & Corporate Controller01980
Thomas E. RiceChief Information Officer01972
Drew K. AndersonExecutive Vice President & Chief Administrative Officer01987
Jacquelynne BohlenHead of Investor Relations0N/A
Kumi Yamamoto BaruffiExecutive Vice President, General Counsel & Corporate Secretary01971
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Description

Columbia Banking System, Inc. serves as the parent organization for Columbia State Bank, which delivers a wide array of banking services to individuals, professionals, and small to medium-sized businesses across the United States. For personal clients, the bank provides diverse deposit accounts, including interest-bearing and non-interest checking, savings, money market, and certificates of deposit. Its lending products feature home mortgages for purchases and refinances, home equity loans and lines of credit, and other personal loan options. Customers also have access to debit and credit cards, along with comprehensive digital banking solutions. Business clients benefit from services such as checking, savings, interest-bearing money market, and certificate of deposit accounts. The company offers a variety of commercial loans, including agricultural, asset-based, builder, and commercial real estate financing, in addition to Small Business Administration (SBA)-guaranteed loans. Further business support includes professional banking, treasury management, merchant card processing, and international banking services. The company also offers wealth management solutions tailored for individuals, families, and professional businesses. These include financial planning services covering asset allocation, net worth analysis, estate planning and preservation, education funding, and wealth transfer. Insurance options such as long-term care, life, and disability are available. Individual retirement solutions encompass planning, income strategies, and Traditional/Roth IRAs, while business solutions include retirement plans, key person insurance, succession planning, and deferred compensation. Furthermore, Columbia Banking System provides fiduciary, investment, and administrative trust services. These specialized offerings include personal and special needs trusts, estate settlement, investment agency, and charitable management. The bank maintains a physical presence through a network of 153 branch locations, with 68 situated in Washington, 59 in Oregon, 15 in Idaho, and 11 in California. Founded in 1993, the company is headquartered in Tacoma, Washington.

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