• Umpqua Holdings Corporation
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  • Umpqua Bank Opens Today in Bend
    Company Release - 05/25/2004 12:10

    First Central Oregon Location for Umpqua Bank Marks Future Expansion

                                   Into the Region

    PORTLAND, Ore., May 25 /PRNewswire/ -- Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (Nasdaq: UMPQ), opens its first store in Bend, Ore. today at 828 Wall Street. The new location in Bend, serving both business and personal banking customers, represents Umpqua Bank's expansion into Central Oregon.

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

    "We are extremely pleased to be announcing the Bend Umpqua Bank store opening today and are looking forward to being a partner in this community," said Ray Davis, CEO, Umpqua Holdings Corporation. "While Umpqua has been serving Oregon communities for 50 years, we have a fresh approach to revolutionizing the banking experience for our customers, and we strive to improve upon that concept daily with each customer interaction."

    Centrally located in Bend's downtown area, the bank store brings Umpqua's personalized service and a unique customer banking experience to the community. The new Umpqua Bank store features non-traditional bank amenities such as a large flat screen television for viewing financial broadcasts, retail-inspired elements such as shopping modules featuring hardback business books, the bank's own blend of coffee served daily and a complimentary Umpqua chocolate presented on a tray with each transaction.

    Andy Gerlicher, an active member of the Bend community, joined Umpqua Bank in September 2003 as senior vice president and manager of Umpqua's Bend Commercial Banking Center to oversee the bank's efforts in coming to Bend. Gerlicher is joined by Darrin Quillen, store manager of the new Bend location, and his staff of Umpqua associates. To ensure exceptional customer service, all associates participated in Umpqua's highly-acclaimed training program at its World's Greatest Bank University in Roseburg, Ore.

    Umpqua has planned a full schedule of grand opening activities in the coming weeks including a two-week official grand opening kick-off in the store, beginning Tuesday, June 1; an official ribbon cutting ceremony with the Bend Chamber of Commerce Tuesday, June 22 at 4:00 p.m.; and an open house during the First Friday Art Walk event Friday, July 2, 6:00 - 8:00 p.m.

    In addition to 24-hour ATM banking, the Bend store features extended business hours: Monday through Thursday 9 a.m. to 5 p.m., Friday until 6 p.m. and Saturdays from 10 a.m. to 2 p.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 Bank was named #1 on "The 100 Best Companies to Work for in Oregon" large companies list for 2004 by Oregon Business Magazine. Umpqua Holdings also owns retail brokerage subsidiary Strand, Atkinson, Williams & York, Inc., which has 14 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 http://www.umpquabank.com .

    SOURCE  Umpqua Bank
        -0-                             05/25/2004
        /CONTACT:  Lani Hayward of Umpqua Bank, +1-503-228-2117, or
    lanihayward@umpquabank.com; or Kelly Rasmussen of L A N E, +1-503-221-0480, or
    kelly@lanemarketing.com, for Umpqua/
        /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.umpquabank.com /
    CO:  Umpqua Bank; Umpqua Holdings Corporation
    ST:  Oregon
    IN:  FIN
    -- SFTU100 --
    1908 05/25/200412:10 EDThttp://www.prnewswire.com