Umpqua Bank Named Oregon’s Most Admired Financial Services Company
December 13 2018 - 5:58PM
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, which celebrates its 65th anniversary in 2018, has
received the recognition every year since the award was introduced
14 years ago.
"Being recognized once again as a Most Admired Company by the
outstanding leaders and companies of our great state is a real
honor, and something we’re extremely proud of,” said Cort O’Haver,
Umpqua Bank president and CEO. “This award is first and foremost a
testament to the passion and dedication of our 4,000 associates and
reflects Umpqua’s continued commitment to the people, businesses
and communities we serve.”
Each year, the Portland Business Journal conducts a statewide
poll of CEOs and top executives across the state to determine
Oregon’s Most Admired Companies in several industry categories.
Those polled select winners based on criteria including community
involvement, innovation, quality of management, quality of products
and services, and branding and marketing—areas in which Umpqua
marked important developments in 2018.
2018 Umpqua Bank Highlights:
- Umpqua Bank and the Umpqua Bank Charitable Foundation awarded
$2.1 million in funding to nonprofits committed to enhancing the
quality of life in communities across the company’s footprint.
- In September, Umpqua associates marked 500,000 in paid
volunteer hours through the bank’s Connect Volunteer Program,
representing a $12.5 million investment to support thousands of
community nonprofits since the program was formed in 2004.
- Umpqua launched Umpqua Go-To, the industry’s first Human
Digital Banking platform, which leverages technology to give every
Umpqua customer the choice of a personal banker devoted to their
financial needs regardless of account balance size.
- Tory Nixon was named Umpqua’s first chief banking officer to
advance Umpqua’s Human Digital Banking strategy and to ensure a
more seamless and integrated customer experience across all
customer-facing divisions of the bank.
- Umpqua hired Kathe Anchel as director of innovation. Anchel is
helping to build a world class innovation team to rapidly evolve
Umpqua Go-To and build strategic partnerships that develop other
innovations for associates and customers.
- Umpqua launched a digitally-responsive website to support
enhanced online and mobile banking solutions for consumers and
businesses. The bank also partnered with Swift, a highly-regarded
Portland-based creative agency, to bring customer service and
marketing capabilities into the digital age and in a way that
understands money is central to people’s lives.
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 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 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 fourteenth
consecutive year. In addition to its retail banking presence,
Umpqua Bank also owns Financial Pacific Leasing, Inc., a nationally
recognized commercial finance company that provides equipment
leases to businesses. A subsidiary of Umpqua Holdings Corporation,
Umpqua Investments, Inc., provides retail brokerage and investment
advisory services in offices throughout Washington, Oregon, and
California.
Media Contact:Kurt Heath(503)
219-6124KurtHeath@UmpquaBank.com
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