Umpqua Bank Listed Among Newsweek’s Most Trustworthy Cos.

For the second consecutive year, Umpqua Bank, a subsidiary of Columbia Banking System Inc., has been listed in Newsweek’s Most Trustworthy Companies in America. The bank has been ranked ninth in the 2024 bank category.

The recognition was announced on March 27th by Newsweek and industry ranking provider Statista Inc., and is based on comprehensive evaluations of consumer, employee, and investor trust. A total of 97,000 evaluations were submitted for this award, following a detailed examination of all U.S. companies with a revenue exceeding $500 million.

Clint Stein, CEO of Umpqua Bank, expressed the bank’s commitment to building a supportive culture and delivering quality service and strong returns for its shareholders. “We strive every day to build a culture that supports and develops talented associates who deliver exceptional service for our customers and strong returns for our shareholders,” said Stein. “Being named one of America’s Most Trustworthy Companies is testament to the enduring strength and stability of our franchise, and Umpqua Bank’s continued commitment to the success and prosperity of those we serve.”

In 2023, Columbia and Umpqua Bank merged, creating one of the largest banks headquartered in the West. This combined entity now serves a significant customer base across eight states and most major metropolitan areas in the western U.S.

Umpqua Bank, a leading regional bank in the western U.S., is now present in Oregon, Washington, California, Idaho, Nevada, Utah, Arizona, and Colorado. With over $50 billion in assets, Umpqua combines the sophistication, resources, and expertise of a national bank while delivering superior and personalized service.

The bank consistently ranks as one of America’s Best Banks, offering a full suite of services including retail and commercial banking; Small Business Administration lending; institutional and corporate banking; equipment leasing; and wealth management.

Source: Press Release