Umpqua Bank

About

Umpqua Bank, part of Umpqua Holdings Corporation, is a prominent financial institution based in Oregon. Founded in 1953 as South Umpqua State Bank, it has grown significantly through strategic acquisitions and expansions. Notable milestones include the acquisition of Centennial Bancorp in 2002 and Sterling Financial Corporation in 2014, which significantly increased its branch network and assets. Umpqua Bank is recognized for its commitment to community involvement, fostering partnerships through volunteering and charitable contributions. Umpqua Bank operates across several states, including Oregon, Washington, California, Idaho, and Nevada, with lending offices in Colorado and Arizona. It is known for its robust commercial and consumer banking services. The bank's commitment to community development is reflected in its charitable foundation and initiatives to support under-resourced individuals and businesses. In 2023, Umpqua merged with Columbia Banking System, further expanding its capabilities and reinforcing its community focus. This merger created one of the largest banks in the West, offering enhanced services and products while maintaining a strong local presence.