Umpqua Holdings Corporation
Umpqua Bank's headquarters, Umpqua Bank Plaza in Portland, Oregon | |
| Company type | Subsidiary |
|---|---|
| Nasdaq: UMPQ | |
| Industry | Commercial Banks |
| Founded | 1953 in Canyonville, Oregon, U.S. |
| Headquarters | Portland, Oregon, U.S. 45°30′47″N 122°40′31″W / 45.51306°N 122.67528°W |
Number of locations | 350 |
Key people | Peggy Fowler (Chair) Clint Stein (CEO) |
| Products | Checking accounts Savings accounts Retirement accounts Home loans Personal investing Private bank Business loans Treasury management Merchant services |
| Revenue | US$871.6 million (2015) |
| US$253.3 million (2015) | |
| US$222.5 million (2015) | |
Number of employees | 4,491 (December 31, 2015) |
| Website | https://www.umpquabank.com |
Umpqua Holdings Corporation, d.b.a. Umpqua Bank, was a financial holding company based in downtown Portland, Oregon, United States. Headquarters were in the Umpqua Bank Plaza, formerly the headquarters of Benj. Franklin Savings and Loan. The firm had two principal operating subsidiaries: Umpqua Bank (the Bank) and Umpqua Investments (formerly Strand, Atkinson, Williams and York (Investments)).
The company’s main operating segments were personal banking and lending, business banking and lending, and wealth management. The bank serves consumers and businesses in the community. As of 2015, Umpqua Bank had $24 billion in assets and $18 billion in deposits and was ranked among the largest 60 banks in the nation. Its parent company, Umpqua Holdings, was publicly traded. As of 2016, Umpqua Bank was the largest Oregon-based bank and had 350 branches in Oregon, Washington, California, Nevada and Idaho.
In October 2021, Umpqua announced it was merging with Tacoma-based Columbia Bank. Columbia Bank branches would transition to the Umpqua name and branding. The combined holdings company would be based in Tacoma, with the bank operational headquarters based in the Portland area.