Umpqua Bank is a financial institution based in the United States. Founded in 1953, it has its headquarters in Portland, Oregon. Initially established as South Umpqua State Bank, the name was changed to Umpqua Bank in 1999 to reflect its expanding presence beyond Southern Oregon.

Umpqua Bank offers a wide range of products and services including personal banking, business banking, home loans, wealth management, and insurance. Personal banking services include checking accounts, savings accounts, credit cards, loans, and online and mobile banking options. Business banking services include checking and savings accounts, treasury management, lending solutions, and merchant services.

With its headquarters in Portland, Umpqua Bank operates predominantly in the western United States, including Oregon, Washington, California, Nevada and Idaho. However, it has expanded its geographical reach through acquisitions and partnerships. Notably, the bank acquired Sterling Bank in 2014, increasing its footprint in the Pacific Northwest and California.

Umpqua Bank has established several noteworthy subsidiaries and partnerships. It operates Pivotus Ventures, a subsidiary focused on digital banking innovation and customer-centric solutions. Additionally, it has partnered with various organizations such as LPL Financial and Ameriprise Financial to provide wealth management and investment services.

In terms of market position, Umpqua Bank is a regional bank with a strong presence in the western United States. It competes with other regional banks and national financial institutions. While it does not have a significant global presence, the bank aims to deliver exceptional customer experiences and innovative services to maintain a competitive edge.

Umpqua Bank has undergone significant changes in recent years to support its growth. In 2017, the bank announced a new retail strategy focusing on smaller, digital-first locations called neighborhood stores. This strategic shift aimed to meet evolving customer preferences and reduce costs.

As of the latest information available, Umpqua Bank continues to serve its customers with a focus on community engagement and technology-driven solutions. It aims to provide personalized financial experiences tailored to the needs of its customers, positioning itself as a customer-centric institution in the competitive banking industry