PORTLAND, Ore.--(BUSINESS WIRE)--
Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ:UMPQ), was
named the Most Admired Financial Services Company in Oregon and the
fifth Most Admired Company across all industries at The Portland
Business Journal’seighth annual “Most Admired Companies” event.
Umpqua Bank has received this recognition from Oregon executives every
year since the award was founded in 2005.
“It is an honor to be recognized by our peers as one of the region’s
strongest and most respected companies,” said Ray Davis, president and
CEO of Umpqua Bank. “This award is a testament to Umpqua’s 2400
associates, whose commitment to serving our customers, employees and
communities at the highest possible level is an inspiration.”
More than 1,800 CEOs and top executives across the state chose this
year’s winners based on criteria that included innovation, quality of
management, community involvement, quality of products and services, and
branding and marketing. The Portland Business Journal awards were
distributed to companies in eight industry categories: agriculture and
forest products, commercial real estate, financial services, health
care, nonprofits, professional services, technology and traditional
manufacturing, in addition to the most admired company across all
2012 Umpqua Bank Highlights:
Continued Bay Area expansion with:
Acquisition of California-based Circle Bank, which added six new
locations in the Bay Area;
Announcement of new flagship stores in San Jose and San Francisco
in the first half of 2013.
Added and expanded key divisions, including:
New Agriculture and Commercial Banking Center in California’s
New Homebuilder Finance Division;
Expanded Commercial Real Estate Division.
Expanded Home Lending division with four new Home Lending centers in
Ore., Wash., and Calif.
On track to volunteer more than 45,000 hours to more than 1,200
nonprofit organizations through Umpqua’s Connect Volunteer Network.
Expanded financial literacy program, “Learn to Earn,” to include state
approved financial literacy curriculum and enhanced online resources
and tools for families in four states.
Oregon’s Most Admired Companies is an annual Portland Business Journal
event. Hosted by publisher Craig Wessel, the event is one of the
publication’s business programs created to recognize the state’s leading
About Umpqua Bank
Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua
Holdings Corporation with locations between San Francisco and Seattle,
along the Oregon and Northern California Coast, and in Central Oregon
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 six
years in a row on FORTUNE magazine’s list of the country’s “100 Best
Companies to Work For.” 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.
Source: Umpqua Bank