Business Services Industry
Umpqua Bank Named Most Admired Financial Services Company in Oregon
Business Wire, Dec 10, 2008
PORTLAND, Ore. -- Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ:UMPQ), was honored at The Portland Business Journal's fourth annual Oregon's Most Admired Companies luncheon on Dec. 9. Umpqua Bank was named Oregon's Most Admired Financial Services Company by Oregon CEOs.
More than 2,000 Oregon CEOs were asked to rank the greatest companies in Oregon based on innovation, customer service and community involvement. Award recipients included companies in the following eight industry categories: agriculture and forest products, commercial real estate, financial services, health care, nonprofits, professional services, technology and traditional manufacturing as well as the most admired company across all industries.
"To be recognized as a strong, responsible and respected company is especially meaningful during these challenging economic times," said Ray Davis, president and CEO of Umpqua Bank. "The tenants of this award - innovation, customer service and community involvement - are also Umpqua Bank's core principles and our success as a company is the result of the many contributions made by Umpqua associate across the company."
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 aimed at recognizing Oregon's leading businesses.
About Umpqua Bank
Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ) and has 148 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. Umpqua Bank is an Equal Housing Lender. For more information, visit http://www.umpquabank.com/.>
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