Company Overview of Umpqua Bank
Umpqua Bank, a community bank, provides personal and business banking solutions. The company offers checking, savings, and money market accounts; debit cards; certificates of deposit; individual retirement, education savings, and health savings accounts; online banking and bill pay, mobile banking, merchant, payroll, and overdraft protection services; and loans and lines, including mortgage loans and credit cards. It provides lines of credit, equipment loans, real estate loans, SBA lending, and capital market services; and treasury management services, which include collections and deposits, payments and disbursements, information management, funds management, and fraud control tools for cli...
1 SW Columbia Street
Portland, OR 97258
Founded in 1953
Key Executives for Umpqua Bank
Chief Financial Officer and Executive Vice President
Chief Operating Officer and Senior Executive Vice President
Executive Vice President and President of Commercial Banking
President of Consumer Banking
Compensation as of Fiscal Year 2014.
Umpqua Bank Key Developments
Laureen Seeger to Resign from the Board of Directors of Umpqua Holdings Corporation and Umpqua Bank, Effective August 31, 2014
Jul 23 14
On July 22, 2014, Laureen Seeger provided notice of her resignation from the Board of Directors of Umpqua Holdings Corporation and Umpqua Bank, effective August 31, 2014. Ms. Seeger is resigning in connection with the commencement of her employment as General Counsel of American Express Company due to the Depository Institution Management Interlocks Act and federal bank regulatory policy.
Umpqua Bank Announces Consolidation of 27 Stores as Part of Merger Integration
Jun 23 14
Umpqua Bank announced that it will be consolidating 27 stores this year as a result of its April 2014 merger with Sterling Financial Corporation. Store consolidations will begin in September and continue through the end of 2014. Umpqua has notified all customers affected by these consolidations, and will be automatically transferring customer accounts to the most convenient store, most of which are less than a mile from the previous location. The decision to consolidate a limited number of store locations was one that it considered carefully from the moment it first explored merging with Sterling. At this time, no additional store consolidations have been finalized, although a number of stores are still under review for potential consolidation in 2015.
Umpqua Bank to Continue to Advance Bank Store Concept with Newest Location in Portland, Ore
Jun 4 14
Umpqua Bank announced that the newest iteration of its neighborhood store concept will open in the first quarter of 2015 at 710 SW Yamhill Street in Portland, Ore. The Fox Tower store will build on design innovations introduced in the stores Umpqua has opened most recently in San Jose, San Francisco and Seattle.
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