Umpqua Bank Named Oregon’s Most Admired Financial Services Company
December 05 2014 - 11:00AM
Business Wire
Umpqua Honored for Tenth Year in a
Row
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.
Media Contact:Tom Biro, 206-686-6420tom@allisonpr.com
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