Umpqua Holdings Corporation operates as the holding company for South Umpqua Bank that provides a range of banking, wealth management, mortgage, and other financial services to corporate, institutional, and individual customers. The company’s subsidiary, Umpqua Investments, Inc. (Umpqua Investments), is a registered broker-dealer and registered investment advisor with offices in Portland, Lake Oswego, and Medford, Oregon, and Santa Rosa, California, and also offers products and services offered through Umpqua Bank stores. Umpqua Investments offers a range of investment products and services, including stocks, fixed income securities (municipal, corporate, and government bonds, CDs, and money market instruments), mutual funds, annuities, options, retirement planning, money management services, and life insurance. As of December 31, 2013, the company conducted community banking activities or operated Commercial Banking Centers at 206 locations, in Northern California, Oregon and Washington along the I-5 corridor; in the San Francisco Bay area, Inland Foothills, Napa, and Coastal regions in California; in Bend and along the Pacific Coast of Oregon; in greater Seattle and Bellevue, Washington, and in Reno, Nevada, of which 65 are owned and 141 are leased under various agreements. As of December 31, 2013, the company also operated 13 facilities for the purpose of administrative and other functions, such as back-office support, of which 4 are owned and 9 are leased. Umpqua Investments leased four offices from unrelated third parties, one office from the bank, and also leased space in nine bank stores under lease agreements based on market rates. Products and Services The company offers a range of financial products to meet the banking needs of its market area and target customers. It offers a ‘Switch Kit’, which allows a customer to open a primary checking account with Umpqua Bank in approximately 10 minutes. Other avenues through which customers could access the company’s products include its Website equipped with an e-switchkit, which includes Internet banking through ‘umpqua.online’, mobile banking, and its 24-hour telephone voice response system. Deposit Products: The company offers a traditional array of deposit products, including non-interest bearing checking accounts, interest bearing checking and savings accounts, money market accounts, and certificates of deposit. Private Bank: Umpqua Private Bank serves high net worth individuals with liquid investable assets by providing customized financial solutions and offerings. The ocmapny has a strategic alliance with Ferguson Wellman to further improve its offerings to individuals, unions and corporate retirement plans, endowments and foundations. Retail Brokerage Services and Investment Advisory Services: Umpqua Investments in its combined role as a broker/dealer and a registered investment advisor might provide financial planning advice to its clients, as well as standard broker/dealer services for traditional brokerage accounts. This advice could include cash management, risk management (insurance planning/sales), investment planning (including investment advice, supervisory services and/or portfolio checkups), retirement planning (for employees and employers), and/or estate planning. The broker/dealer side of Umpqua Investments offers a range of brokerage services, including equity and fixed income products, mutual funds, annuities, options, and life insurance products. As of December 31, 2013, Umpqua Investments had 41 Series 7-licensed financial advisors serving clients at 4 stand-alone retail brokerage offices, 1 location located within a retirement facility, and ‘Investment Opportunity Centers’ located in various bank stores. Commercial Loans and Leases and Commercial Real Estate Loans: The company offers specialized loans for business and commercial customers, including accounts receivable and inventory financing, equipment loans, commercial equipment leases, international trade, real estate construction loans and permanent financing and Small Business Administration (SBA) program financing, as well as capital markets and treasury managemen
forest city enterprises-cl a
50 Public Square
Cleveland, OH 44113
|No competitor information is available for FCE/A.|
|View Industry Companies|
Sponsored Financial Commentaries
To contact FOREST CITY ENTERPRISES-CL A, please visit www.forestcity.net. Company data is provided by Capital IQ. Please use this form to report any data issues.