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TheStreet Open House

Umpqua Bank Opens Its Doors In San Jose

Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ:UMPQ), opens the doors to its latest flagship location today in San Jose, Calif., adding its high-touch community and business banking services to the downtown neighborhood.

The San Jose flagship, the first of two Bay Area stores set to open in 2013, features Umpqua’s innovative retail store design. Customers will be greeted at the 225 West Santa Clara location by Umpqua’s Discover Table, an interactive touchscreen featuring local events and details about the store’s products and services, as well as free wi-fi, and a reCharge Bar for visitor use and convenience. Like all Umpqua Bank stores, the San Jose flagship also features a phone with a direct line to the company’s CEO.

“San Jose is a global hub for innovative companies and ideas, and we’re pleased to add Umpqua’s unique form of banking to the region,” said Ray Davis, Umpqua Bank president and CEO. “The opening of this flagship location in San Jose, combined with our acquisition of Circle Bank last fall and upcoming San Francisco flagship store later this year, demonstrates our commitment to the area and we look forward to being an active member of the community.”

San Jose is Umpqua Bank’s seventh store in the greater Bay Area, joining locations in Noe Valley, Novato, Corte Madera, Santa Rosa, San Rafael and Petaluma. The store will be open from 9 a.m. to 6 p.m. Monday through Friday, and 10 a.m. to 2 p.m. on Saturday. In addition to the community bank on the first floor of the 225 West Santa Clara store, Umpqua Bank’s commercial lending, home lending and business banking teams will also be located in the building, providing a full complement of banking services to consumers and businesses in San Jose.

About Umpqua Bank

Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation with locations between San Francisco and Seattle, along the Oregon and Northern California Coast, and in Central Oregon and Northern Nevada. 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 seven years in a row on FORTUNE magazine’s list of the country’s “100 Best Companies to Work For,” and was recently named by The Portland Business Journal, for the eighth consecutive year, Most Admired Financial Services Company in Oregon, and the state’s fifth-most admired company overall for 2012.

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 Wealth Management Division serves high net worth individuals and nonprofits by providing customized financial solutions and offerings. Umpqua Holdings Corporation is headquartered in Portland, Ore. For more information, visit http://www.umpquabank.com.



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