• Umpqua Holdings Corporation
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  • Umpqua Bank Opens $3.8 Million University and Support Center in Roseburg for Bank Associates
    Company Release - 03/03/2004 16:51

    Umpqua's Training Facility is Home to 'World's Greatest Bank University'

    ROSEBURG, Ore., March 3 /PRNewswire-FirstCall/ -- Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (Nasdaq: UMPQ), opened a 20,371-square-foot training facility in Roseburg, Ore. to house its expanding University and training center for the ongoing education of its bank associates. Construction began Mar. 20, 2003 by R.E. Noah Company, Inc. of Roseburg. Thompson Vaivoda & Associates Architects, Inc. of Portland designed the building.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20030917/SFW078LOGO )

    The Umpqua University & Support Center is home to the bank's internal university, as well as human resources, retail support, and the consumer and small business lending departments. The facility will also be used for public events such as seminars, social gatherings and shareholder meetings.

    The University provides bank associates with ongoing training programs in the following areas: credit, management, retail and company culture. Specific course offerings include everything from new accounts, loans, and business writing, to computer education, new hire orientation, and professional dress on a budget.

    "This facility demonstrates Umpqua Bank's commitment to the professional education of our associates and the continuation of quality customer service," said Ray Davis, president and CEO of Umpqua Holdings Corporation. "As Umpqua continues to grow, this building reminds our associates of the company's roots in Southern Oregon and our dedication to the rural communities of Oregon."

    Located at 1740 NW Garden Valley Blvd. between Garden Valley Blvd. and Kline St., the first University training sessions began Feb. 17. Building amenities include an outdoor garden, community area with 20-foot windows and training center equipped with 10 new computers.

    A ceremony dedicating the building to Milton Herbert, one of Umpqua's original founders, will be held on-site Mar. 8 at 9 a.m.

    About Umpqua Bank

    Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation and has 64 locations between Ashland, Ore. and Vancouver, Wash., 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 Bank's Private Client Services Division provides tailored financial services and products to individual customers. Umpqua Holdings Corporation is headquartered in Portland, Ore. For more information, visit www.umpquabank.com.

    SOURCE  Umpqua Bank
        -0-                             03/03/2004
        /CONTACT:  Lani Hayward of Umpqua Bank, +1-503-228-2117, or
    lanihayward@umpquabank.com; or Charley Ciresi of Lane Marketing,
    +1-503-221-0480, or charley@lanemarketing.com, for Umpqua Bank/
        /Photo:  http://www.newscom.com/cgi-bin/prnh/20030917/SFW078LOGO
                  AP Archive:  http://photoarchive.ap.org
                  PRN Photo Desk, 888-776-6555 or 212-782-2840/
        /Web site:  http://www.umpquaholdingscorp.com /
        (UMPQ)
    
    CO:  Umpqua Bank; Umpqua Holdings Corporation
    ST:  California
    IN:  FIN EDU
    SU:  PDT
    
    GK-RN 
    -- SFW078 --
    5858 03/03/200416:51 ESThttp://www.prnewswire.com