PORTLAND, Ore., Jan. 12, 2017 (GLOBE NEWSWIRE) -- Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ:UMPQ), has been named Oregon's Most Admired Financial Services Company by The Portland Business Journal. Umpqua has been named Oregon's Most Admired Financial Services Company every year since the award was introduced twelve years ago.
"This is a special honor, coming from CEOs and business leaders across Oregon,” said Cort O’Haver, Umpqua Bank president and CEO. “It’s a testament to Umpqua’s more than 4,300 associates, who go above and beyond to serve our customers and communities at the highest possible level every day.”
A statewide poll of CEOs and top executives across Oregon chose this year's company winners based on criteria including innovation, quality of management, community involvement, quality of products and services, and branding and marketing.
2016 Umpqua Bank Highlights:
- Umpqua Bank and the Umpqua Bank Charitable Foundation announced four new Impact Grants totaling $500,000 to nonprofit organizations in Oregon and California. This giving primarily focused on creating economic opportunity for all in the communities that Umpqua Bank serves, with a special commitment to educational attainment for youth.
- Pivotus Ventures, a subsidiary of Umpqua Holdings Corporation, announced an international innovation collaboration with United Kingdom’s Nationwide Building Society to advance bank innovation.
- Umpqua launched a “Stop the Summer Slide” initiative to counter the impact of summer learning loss through a public awareness campaign.
- Offered a Disaster Relief Lending Program to support customers in communities affected by natural disasters including wildfires, earthquakes and floods.
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 acknowledged 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 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 twelfth 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.
Media Contact: Sarah Robinson (503)-219-6124 SarahARobinson@UmpquaBank.com