Business
Columbia Bank Brings NeighborHub Branch Concept to Boise
Nontraditional Branch Functions as Both a Bank and 'Hub' for the Community BOISE, Idaho, Dec. 1, 2020 /PRNewswire/ -- Columbia Bank, the wholly owned
About this update from Columbia Banking System, Inc.
[{"type":"text","content":"Nontraditional Branch Functions as Both a Bank and 'Hub' for the Community\n\n\nBOISE, Idaho, Dec. 1, 2020 /PRNewswire/ -- Columbia Bank, the wholly owned subsidiary of Columbia Banking System, Inc. (NASDAQ: COLB) (\"Columbia\"), today announced the opening of its high-tech, high-touch branch concept in Boise. \n\n \n \n \n \n \n \n\n \nThe Boise NeighborHub, which opened September 28, 2020, is located at 190 N. 8th St., a prominent location in the heart of downtown. Columbia will provide guided tours of the new location upon request. The new branch represents Columbia's commitment to both innovation and to the city of Boise's thriving economy and exceptional quality of life. \nIn conjunction with the NeighborHub unveiling, Columbia Bank also announced it has committed to invest $100,000 in Boise as part of the bank's ongoing Pass It On Project. Through this program, Columbia will pay small businesses to perform services for people whose lives have been adversely impacted by the Covid-19 pandemic or the economic downturn it caused. In this way, both small business and residents will benefit. For more information about the Pass It On Project, please visit www.passitonproject.com/boise. \nNeighborHub is a non-traditional concept in a multi-functional and high-tech space. The facility is a new form of banking experience that connects clients and residents with both the best in financial solutions and the neighborhood's entertainment and culture. NeighborHub is a \"hub\" of the community where guests can bank and also browse and relax in a comfortable, welcoming environment. \n\"NeighborHub looks and feels like your favorite gathering place,\" said Columbia Chief Operating Officer Chris Merrywell. \"We've created a unique environment that provides everyone in the neighborhood access to top-notch financial expertise and space to support community and culture.\"\nTeller lines and paperwork are replaced with mobile technology and intuitive user interfaces that allow banking transactions to take place anywhere in the space. Touchscreen kiosks feature banking services and tutorials. Bankers are readily available to assist with all transactions and to facilitate education and provide support for everything from financial planning to lending and everyday banking. The bankers who work here are part of the neighborhood they serve. \nEquipped...