Estate planning at Columbia Bank

Yes. Columbia Bank IRA accounts (Traditional and Roth) support beneficiary designations. You can name primary and contingent beneficiaries, including a trust. Contact the bank at 1-866-486-7782 or visit a branch to complete an IRA Beneficiary Designation Form. IRA beneficiary forms are separate from POD forms used for deposit accounts.

Visit a Columbia Bank branch with your Certification of Trust or full trust agreement, government-issued ID for all trustees, and a completed W-9 with the trust tax identification number. The bank will retitle your checking, savings, money market, and CD accounts to trust ownership. Trust accounts cannot be opened or retitled online. When accounts are retitled to a trust, any existing POD designations no longer apply. A revocable trust does not need its own EIN.

No. IRA accounts cannot be retitled to a trust. However, you can name your revocable living trust as the beneficiary of your Columbia Bank IRA. Consult a tax advisor before naming a trust as IRA beneficiary, as there are significant tax implications under the SECURE Act for distributions to trust beneficiaries.

Yes. Columbia Trust Company, a division of Columbia Bank, provides professional trust administration, estate settlement, fiduciary services, investment management, and endowment management. Columbia Trust Company is licensed to administer trusts in all 50 states and operates out of five offices in Washington, Oregon, and Idaho. Contact them at (503) 224-2472 or visit columbiatrustcompany.com.

Columbia Bank offers three personal checking accounts: Foundation Checking ($25 minimum, $3 monthly fee waivable), Embark Checking ($25 minimum, no monthly fee, ATM fee rebates with qualifying balance), and Pinnacle Checking ($200 minimum, interest-bearing, premium benefits including up to 5 linked savings/money market accounts at no monthly fee). All checking accounts can be retitled to a trust and support POD beneficiary designations.

Yes. Columbia Bank offers Traditional IRA and Roth IRA accounts in both IRA Savings and IRA CD formats. You must be 18 or older to open an IRA. Contribution limits are $7,000/year ($8,000 if 50+). Open an IRA by calling 1-866-486-7782 or visiting a branch. You can name primary and contingent beneficiaries on your IRA.

Columbia Banking System completed its acquisition of Pacific Premier Bancorp on September 2, 2025. All Pacific Premier Bank branches and accounts were transitioned to the Columbia Bank brand. Former Pacific Premier customers now access their accounts through columbiabank.com. Products, services, and account features may have changed during the transition.

Umpqua Bank was renamed to Columbia Bank effective September 1, 2025, following the merger of Columbia Banking System and Umpqua Holdings Corporation (completed March 2023). All former Umpqua Bank branches and accounts now operate under the Columbia Bank name and brand.