• Umpqua Holdings Corporation
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  • Umpqua Bank Named Number 33 Among Oregon Business Magazine's 2008 ''100 Best Companies to Work For''
    Umpqua Honored More Than Any Other Company Since Award's Inception 
    Company Release - 02/28/2008 12:39

    PORTLAND, Ore.--(BUSINESS WIRE)--

    Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ:UMPQ), was recognized as number 33 on Oregon Business magazine's list of the '100 Best Companies to Work For in Oregon' at a special event held Feb. 26 at the Oregon Convention Center. Ray Davis, president and CEO of Umpqua Bank delivered the keynote address to nearly one thousand business leaders from around the state who attended the event. Receiving its 12th award, Umpqua has been named more than any other company since the inception of the annual list in 1995.

    Each year, Oregon Business magazine presents the '100 Best Companies to Work For' to recognize and celebrate Oregon companies for their commitment to creating great places for their employees to work. The list recognizes 50 large companies and 50 small companies for excellence in the following areas: benefits and compensation; work environment; decision-making and trust; performance management; and career development and learning. A survey is conducted in the fall with thousands of participating employees, and results are published in the March issue of Oregon Business.

    "It is an honor to be recognized as one of Oregon's best companies to work for because this award is based on the feedback of our associates and demonstrates the strength of Umpqua's culture," said Davis. "Umpqua's culture empowers our associates to create value every day for our customers, communities and shareholders and I'm pleased to see it recognized."

    About Umpqua Bank

    Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation (NASDAQ:UMPQ) and has 147 locations between Napa, Calif. and Bellevue, Wash., along the Oregon and Northern California Coast and in Central Oregon. Umpqua Bank has been recognized for its innovative customer experience and banking strategy by national publications including the Wall Street Journal, New York Times, BusinessWeek, Fast Company and CNBC. The company also ranked 34th on Fortune Magazine's 2007 list of the country's "100 Best Companies To Work For." Umpqua Holdings also owns retail brokerage subsidiary Strand, Atkinson, Williams & York Inc., which has locations in Umpqua Bank stores and in dedicated offices throughout Oregon and Southwest Washington. 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


    Contact: Umpqua Bank Lani Hayward, 503-727-4132 lanihayward@umpquabank.com or L A N E PR Eve Callahan, 503-546-7867 eve@lanepr.com