Home Must Reads Big banks get bigger in Oregon

Big banks get bigger in Oregon

| Print |  Email
Must Reads
Tuesday, October 01, 2013

Oregon's biggest banks got bigger over the past year in the wake of mergers.

The top three – U.S. Bank, Bank of America and Wells Fargo – all increased their market share through the year ending June 30, according to Federal Deposit Insurance Corp. data. Combined, the three banks hold 52 percent of all deposits in Oregon, up from 44 percent as of June 2012.

U.S. Bank remained at the top with $12 billion in deposits, leaving Wells Fargo Bank a distant second with $9.4 billion. Bank of America had $9 billion, despite closing four branches.

Read more at OregonLive.com.

 

More Articles

True Blood

October 2014
Thursday, September 25, 2014
BY JOE ROJAS-BURKE

Antibiotics really aren’t magic bullets.


Read more...

100 Best Nonprofits announced

News
Thursday, October 02, 2014

100NP14logo4WebOregon Business magazine has named the sixth annual 100 Best Nonprofits to Work for in Oregon.


Read more...

The Bookseller

November/December 2014
Wednesday, October 22, 2014
BY AMY MILSHTEIN

Everyone knows college is expensive, but a look at the numbers brings that into sharp — and painful — focus.


Read more...

What I'm Reading

October 2014
Thursday, September 25, 2014

Nick Herinckx, CEO of Obility, and Jake Weatherly, CEO of SheerID, share what they've been reading.


Read more...

Election Season

November/December 2014
Wednesday, October 22, 2014

We didn’t intend this issue to have an election season theme. But politics has a way of seeping into the cracks and fissures.


Read more...

The Rail Baron

October 2014
Thursday, September 25, 2014
BY LINDA BAKER

Oil is gushing out of the U.S. and Canada, and much of it is coming from places that don’t have pipeline infrastructure. So it’s being shipped by rail.


Read more...

Grape Expectations

October 2014
Thursday, September 25, 2014
BY HANNAH WALLACE

Well-financed outsiders from France and California are buying up vineyards and wineries in the Willamette Valley.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS