• Umpqua Holdings Corporation
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  • Umpqua Bank Makes 2008 ''Companies That Care'' Honor Roll
    National Honor Recognizes Organizations Dedicated to Employee Well-Being and Community ServiceĀ 
    Company Release - 03/21/2008 08:00


    Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ:UMPQ), has been named to the 2008 "Companies That Care" Honor Roll. The Center for Companies That Care, a national, not-for-profit organization, recognizes and celebrates organizations that provide a thriving work environment for employees and are committed to community service. Umpqua Bank is one of 41 companies from around the nation to appear on this year's Honor Roll and is the only Oregon-based company on the list.

    "Umpqua Bank takes pride in operating as a community bank, and we're honored to be recognized on the 2008 Companies That Care Honor Roll," said Ray Davis, president and CEO of Umpqua Bank. "Umpqua's success is made possible by the strength of our associates who continually serve our customers and our communities in meaningful ways."

    The 2008 Companies That Care Honor Roll includes large, medium and small, public and private, for-profit and not-for-profit U.S.-based companies in diverse industries across 18 states. Each of the organizations sustains a work environment founded on dignity and respect for all employees, develops great leaders, and actively supports the community, among other key attributes. The rigorous selection process includes a review of applications by an independent panel of seasoned business professionals, a comprehensive employee survey, and research on each nominee.

    The "Companies That Care" Honor Roll is announced annually on the third Thursday of March in conjunction with the annual launch of CAREDAYS, a month-long, national initiative to engage individuals and employers in activities addressing a significant societal issue.

    About Center for Companies That Care

    Center for Companies That Care is a national, not-for-profit organization dedicated to enhancing the well-being of employees and communities by encouraging employers to integrate the 10 Characteristics of Companies That Care into their daily business practices. For more about the Center for Companies That Care, the Honor Roll process, 2008 Honor Roll recipients or CAREDAYS08: Terrific Tales, visit www.companies-that-care.org or call 312-661-1010.

    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 both Central California and 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, recognized for the second year in a row, ranked 13th on Fortune Magazine's 2008 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 http://www.umpquabank.com/.

    Source: Umpqua Bank

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