New Neighborhood Store Plans to Give up to $10,000 to Joint Community
PORTLAND, Ore.--(BUSINESS WIRE)--
Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ:UMPQ), has
opened a neighborhood store in Portland, Ore.’s Sellwood neighborhood.
The new location is one of five the bank plans to open in the Portland
area before the end of the year. The Sellwood store offers several
defining features that include a roll-up garage door with outdoor
seating, an eco-roof and digital community displays. The store is also
challenging area residents and businesses to select an improvement
project where Umpqua will donate up to $10,000 and work jointly with
residents to complete. Located on the corner of SE 13th and
Bidwell, across the street from the Sellwood Public Library, the new
location is one of 21 Umpqua Bank stores in the greater Portland
Umpqua Bank’s neighborhood stores redefine conventional banking
practices and design. Similar to cafés and other gathering places, these
locations are embedded in established communities, providing residents
and visitors with an engaging space to browse local merchandise, shop
online, enjoy a cup of coffee and learn about local events, in addition
“Our neighborhood stores are located where people live, work and play
and the Sellwood community offers the perfect combination of all three,”
said Ray Davis, president and CEO of Umpqua Bank. “Our connection to
Sellwood has been in the making for some time and we look forward to
fully serving the community with our unique blend of banking and
community focus. Our associates have already made an impact getting to
know residents and business owners to learn about what issues are
important to them and how we can join together to make a difference.”
The new 1,800-square-foot Sellwood store features include:
A Discover Wall digitally presenting bank products and services for
customers to peruse before printing and taking away items of interest.
An electronic community bulletin board showcasing neighborhood
photographs and events.
A LocalSpotlight program featuring Sellwood/Moreland merchants and
Free Umpqua Blend coffee and Smith Teamaker personally crafted teas.
A Computer Café for online banking and Internet surfing.
Outdoor café seating.
Artistic features depicting Sellwood’s connection to Portland’s
An eco-roof with plants in bloom.
Umpqua’s Sellwood store will be managed by Elizabeth Galbreath, who
previously served as assistant manager at Umpqua’s Cultural District
location in downtown Portland and is a familiar face in the Sellwood
community. Galbreath and her team will provide personal banking, small
business and commercial lending solutions in-person and online.
The Sellwood store has its own Twitter handle @sellwoodumpqua and
where associates will post news about store events, special promotions
and community happenings.
The store will be open Monday through Friday from 9:00 a.m. to 6:00
p.m., and Saturdays from 10:00 a.m. to 2:00 p.m. There will be an
all-day open house this Friday, May 21, for neighbors and friends.
In celebration of the store opening, Umpqua Bank will launch the
Sellwood “Build Your Block” Challenge. Through this challenge, Umpqua
Bank will grant up to $10,000 to the top Sellwood neighborhood
improvement project nominated by local residents. Nominations will be
accepted online and in-store beginning June 7. Complete challenge
details and nomination guidelines will be released the week of May 31.
About Umpqua Bank
Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua
Holdings Corporation (NASDAQ:UMPQ) and has 176 locations between San
Francisco, Calif., and Seattle, 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, The New York Times, BusinessWeek, Fast Company and CNBC. The
company has been recognized for the past four 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 Private Bank Division
serves high net worth individuals and non-profits providing customized
financial solutions and offerings. Umpqua Holdings Corporation is
headquartered in Portland, Ore. For more information, visit http://www.umpquabank.com.
Note: Photos available
Source: Umpqua Bank