M&A Deal Summary

Umpqua Bank Acquires Nevada Security Bank

On June 18, 2010, Umpqua Bank acquired financial services company Nevada Security Bank from Federal Deposit Insurance

Acquisition Highlights
  • This is Umpqua Bank’s 4th transaction in the Financial Services sector.
  • This is Umpqua Bank’s 4th transaction in the United States.
  • This is Umpqua Bank’s 1st transaction in Nevada.

M&A Deal Summary

Date 2010-06-18
Target Nevada Security Bank
Sector Financial Services
Buyer(s) Umpqua Bank
Sellers(s) Federal Deposit Insurance
Deal Type Divestiture

Target

Nevada Security Bank

Reno,, Nevada, United States
Nevada Security Bank is a commercial bank that offers personal and business banking services.

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Buyer(S) 1

Buyer

Umpqua Bank

Portland, Oregon, United States

Category Company
Founded 1953
Sector Financial Services
DESCRIPTION

Umpqua Bank operates as a community bank that provides banking products and services to individuals and non-profit organizations.


DEAL STATS #
Overall 4 of 4
Sector (Financial Services) 4 of 4
Type (Divestiture) 4 of 4
State (Nevada) 1 of 1
Country (United States) 4 of 4
Year (2010) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-26 Rainier Pacific Bank

Tacoma,, Washington, United States

Rainier Pacific Bank is a state-chartered savings bank, provides financial services to households in Tacoma-Pierce County and City of Federal Way areas of Washington.

Buy -

Seller(S) 1

SELLER

Federal Deposit Insurance

Washington, District of Columbia, United States

Category Company
Founded 1933
Sector Financial Services
DESCRIPTION

Federal Deposit Insurance Corp. provides financial services.The FDIC provides coverage for deposits in national banks, in state banks that are members of the Federal Reserve System, and in other qualified state banks.


DEAL STATS #
Overall 17 of 41
Sector (Financial Services) 17 of 41
Type (Divestiture) 17 of 41
State (Nevada) 1 of 1
Country (United States) 17 of 41
Year (2010) 8 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-14 Satilla Community Bank

Saint Marys, Georgia, United States

Satilla Community Bank is a full-service, single-office bank located in St. Marys, Georgia provides various banking services and products.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-30 Northwest Bank & Trust of Acworth

Acworth, Georgia, United States

Northwest Bank & Trust of Acworth offers personal and commercial banking services. The bank was founded in 2004 and is based in Acworth, Georgia.

Sell -