STCU may acquire Umpqua branches in Medical Lake, Ritzville

SPOKANE – A banking company with 24 locations in Eastern Washington and North Idaho may be expanding even further. STCU is seeing approval to acquire four new Umpqua Bank locations, including the banks in Medical Lake and Ritzville.

“(We) were looking for opportunities, and this presented itself,” STCU strategic communications manager Dan Hansen said.

The other Umpqua branches STCU is seeking to acquire are located in Othello and Coulee City. The Ritzville and Othello locations would be STCU’s first in Adams County, while the Coulee City location would mark the initial branch in Grant County f...