• Umpqua Holdings Corporation
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  • Umpqua Bank Makes 2009 "Companies That Care" Honor Roll
    National Honor Recognizes Organizations Dedicated to Employee Well-Being and Community ServiceĀ 
    Company Release - 03/19/2009 13:59

    PORTLAND, Ore.--(BUSINESS WIRE)-- Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ:UMPQ), has been named to the 2009 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. This year's Honor Roll includes 37 companies from around the nation, including Umpqua Bank.

    "It is an honor to once again have our company culture and associates recognized on the Companies That Care Honor Roll," said Ray Davis, president and CEO of Umpqua Bank. "Umpqua's success is made possible by the strength or our associates who continually strive to make a difference both inside and outside of our organization; I could not be more proud of them."

    Those named to the 2009 Companies That Care Honor Roll include large, medium and small, public and private, for-profit and not-for-profit U.S.-based companies in diverse industries. Among other attributes, this year's recipients are spread across 15 states and are known for their commitment to sustaining work environments founded on dignity and respect for all employees, development of great leaders and active support of the communities they serve. The rigorous selection process includes a review of applications by an independent panel of seasoned business professionals, a comprehensive employee survey and independent research on each applicant.

    This year is Umpqua Bank's second consecutive year to make the Companies That Care Honor Roll. Honor Roll judges cited Umpqua Bank'sConnect Volunteer Network, which offers all associates up to 40 hours of paid time off to volunteer, as a key differentiator for this recognition. In addition to recognizing Umpqua for encouraging its associates to become active volunteers in the community, the judges noted the bank's commitment to upholding a professional work environment at all of its locations.

    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 dedicated to enhancing the well-being of employees and communities.

    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, 2009 Honor Roll recipients or CAREDAYS09: 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 150 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 has been recognized for the past three years in a row on FORTUNE magazine's 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: Media: Umpqua Bank Lani Hayward, 503-727-4132 lanihayward@umpquabank.com or L A N E PR Eve Callahan, 503-546-7867 eve@lanepr.com