September 29, 2016 3:52 PM ET

Banks

Company Overview of Umpqua Bank

Company Overview

Umpqua Bank operates as a community bank that provides banking products and services to individuals and non-profit organizations. The company offers checking accounts, savings accounts, money market accounts, certificates of deposit accounts, individual retirement accounts, and health savings accounts; and home loans, auto loans, home equity lines of credit options, unsecured consumer loans, business term loans, commercial and residential real estate improvement loans, small business administration loans and lines, commercial real estate term loans, short-term working capital loans, seasonal purchase loans, inventory or payroll loans, short-term operating expense or small capital expenditure...

1 SW Columbia Street

Suite 150

Portland, OR 97258

United States

Founded in 1953

Phone:

503-973-5945

Fax:

503-973-5943

Key Executives for Umpqua Bank

Chief Executive Officer, Director, Chief Executive Officer of Umpqua Holdings Corporation and President of Umpqua Holdings Corp
Age: 66
President
Age: 53
Chief Financial Officer and Executive Vice President
Age: 45
Chief Operating Officer and Senior Executive Vice President
Age: 67
Principal Accounting Officer, Executive Vice President and Treasurer
Age: 47
Compensation as of Fiscal Year 2016.

Umpqua Bank Key Developments

Umpqua Bank to Appoint Cort O'Haver as President, Chief Executive Officer and as Director

On June 20, 2016, Umpqua Holdings Corporation announced that effective January 1, 2017, Umpqua Bank President Cort O'Haver will be appointed as President and Chief Executive Officer, and as a director, of Umpqua Bank. Mr. O'Haver has more than 25 years of experience in banking, and served as Commercial Bank President of Umpqua Bank from April 2014 to April 2016, as Senior Executive Vice President from August 2013 to April 2014, and as Executive Vice President/Commercial Banking from March 2010 to August 2013.

Umpqua Bank Announces Management Changes

Effective April 25, 2016, Umpqua Bank promoted Commercial Bank President Cort O'Haver to President of Umpqua Bank. Mr. O'Haver, age 53, has more than 25 years of experience in banking, and served as Commercial Bank President of Umpqua Bank from April 2014 to April 2016, as Senior Executive Vice President from August 2013 to April 2014, and as Executive Vice President/Commercial Banking from March 2010 to August 2013. On April 25, 2016, Consumer Bank President Greg Seibly gave notice of his resignation effective May 11, 2016.

Umpqua Bank Announces Consolidation of 26 Store Locations

Umpqua Bank announced that will be consolidating 26 store locations later this year. Consolidations will begin in June and continue through the summer of 2016. Umpqua has notified all customers affected by these consolidations, and will be automatically transferring customer accounts to the most convenient store. Known for its innovative delivery and store concept, in recent years Umpqua has expanded its focus on building a cross-channel customer experience with increased investment in digital and mobile tools that complement the physical channel.

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Recent Private Companies Transactions

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