( BW)(OR-UMPQUA-BANK)(UMPQ) Umpqua Bank Donates $10,000 to Smart
ROSEBURG, Ore.--(BUSINESS WIRE)--June 26, 2002--Umpqua Bank, a
subsidiary of Umpqua Holdings Corporation (Nasdaq:UMPQ), today
announced its commitment of $10,000 to the Start Making a Reader Today
(SMART) program through the Oregon Children's Foundation for
SMART is a reading program that provides adult volunteers to read
with disadvantaged grade school children in grades K-3 and help kids
develop strong language and literacy skills. Each month the program
gives every student two new books to take home and read with their
families. The primary goal of the SMART program is to create
enthusiastic readers who can read at or above their grade level by the
time they leave elementary school.
Umpqua Bank has been a supporter of SMART in individual
communities for several years, in keeping with the company's
longstanding commitment to supporting youth, education and the arts.
This contribution marks the company's first statewide commitment to
the program, and funds provided by Umpqua Bank will be targeted
specifically to the 11 counties in which it does business. In addition
to this financial contribution, Umpqua Bank associates throughout
Oregon will volunteer their time to the SMART program.
"Improving child literacy is critical to keeping kids in school,
broadening educational opportunities, and providing for a competitive
workforce," said Bill Haden, President and CEO of Umpqua Bank. "This
is one of the most important efforts that any business or individual
can support. We're proud to be a partner with the SMART program
To learn more about the SMART program, contribute money, or
volunteer time, contact the Oregon Children's Foundation at
1-800-355-3999 or visit www.oregonchildrensfoundation.org.
About Umpqua Bank
Umpqua Bank, headquartered in Roseburg, Oregon, is a subsidiary of
Umpqua Holdings Corporation (Nasdaq:UMPQ), and has 45 locations
between Ashland and Portland, and along the Oregon coast. Umpqua
Holdings also owns retail brokerage subsidiary Strand, Atkinson,
Williams & York, which has nine locations throughout Oregon and
Southwest Washington and offers brokerage services within Umpqua Bank
stores. Umpqua Holdings Corporation is headquartered in Portland,
Oregon. For more information, visit www.umpquabank.com.
CONTACT: Umpqua Holdings Corporation
Lani Hayward, 503/228-2117
KVO Public Relations
Ken Ray, 503/221-7415
INDUSTRY KEYWORD: BANKING EDUCATION
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