Umpqua Bank has been named Oregon’s Most Admired Financial Services Company and the sixth Most Admired Company across all industries by The Portland Business Journal. Executives throughout the state of Oregon vote to determine the “Most Admired Companies” list each year. Umpqua has been named Oregon’s Most Admired Financial Services Company every year since the award was introduced.
“Umpqua is focused on building a different kind of bank, one that provides all of the products and services of a large institution but delivers them with the personal service and engagement of a community bank and the innovative customer experience of a great retailer,” said Ray Davis, Umpqua Bank CEO. “We’re honored to have that vision recognized by executives across Oregon for the tenth consecutive year.”
A statewide poll of more than 3,200 CEOs and top executives chose this year's company winners based on criteria that included innovation, quality of management, community involvement, quality of products and services, and branding and marketing.
2014 Umpqua Bank Highlights:
- Completed its merger with Sterling Financial Corporation, creating the West Coast's largest community bank;
Continued expansion of award-winning bank store model with:
- Opening of South Lake Union flagship (Seattle, Wash.)
- Opening of Bellingham neighborhood store (Seattle, Wash.)
- Announcement of new Fox Tower neighborhood store (Portland, Ore.)
- Launched The Umpqua Bank Charitable Foundation to expand Umpqua’s investments in organizations focused on children's education and wellbeing.
Oregon's Most Admired Companies is an annual event held by The Portland Business Journal. Hosted by publisher Craig Wessel, the event is one of the publication's business programs created to recognize the state's leading organizations.
To see the complete list of Oregon’s Most Admired Companies, visit www.bizjournals.com/portland.
About Umpqua Bank
Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation, and has locations across Idaho, Washington, Oregon, California and Northern Nevada. Umpqua Bank has been recognized for its innovative customer experience and banking strategy by national publications including The Wall Street Journal, The New York Times, BusinessWeek, Fast Company and CNBC. The company has been recognized for the past eight years in a row on FORTUNE magazine's list of the country's "100 Best Companies to Work For," and was recently named by The Portland Business Journal the Most Admired Financial Services Company in Oregon for the tenth consecutive year. In addition to its retail banking presence, Umpqua Bank owns Financial Pacific Leasing, Inc., a nationally recognized commercial finance company that provides equipment leases to small businesses.
Umpqua Holdings also owns a retail brokerage subsidiary, Umpqua Investments, Inc., which offers services through Umpqua Bank stores and in dedicated offices throughout Oregon. Umpqua's Wealth Management Division serves high net worth individuals and nonprofits by providing customized financial solutions and offerings. Umpqua Holdings Corporation is headquartered in Portland, Ore. For more information, visit http://www.umpquabank.com.
Tom Biro, 206-686-6420