Umpqua Bank Charitable Foundation awards more than $230,000 in Community Giving Grants

13 California Organizations Receive Funding for Youth Programs, Education and Economic Opportunity

Portland, Ore., –The Umpqua Bank Charitable Foundation has awarded more than $230,000 in grants for nonprofit organizations focused on educational attainment for youth and economic opportunity. Fifty three Community Giving grants were awarded throughout Umpqua’s footprint, ranging between $2,000 and $8,000, and selected by the company’s associate-led Community Giving team.

Part of the Umpqua Bank Charitable Foundation’s approach is to invest in and serve as a partner to community organizations,” said Nicole Stein, managing director of the Umpqua Bank Charitable Foundation. “As a community bank we believe we have an obligation to invest in youth and education programs that are essential to the long-term economic health and development of our communities.”

Through the Community Giving program, more than 150 Umpqua Bank associates located throughout the company’s footprint participate in the process of identifying need in their communities and reviewing the grant applications that help meet that need. Quarterly, their recommendations inform the Foundation’s grant making and result in the distribution of the company’s Community Giving grants.

Contra Costa County’s recipient

The one recipient in Contra Costa County of a 2015 California Community Giving Grant recipient was Junior Achievement of Northern California, located in Walnut Creek. Umpqua’s $5,000 grant will support Project SUCCEED (Students Understanding Career Choices, Economics, and Educational Development). This program provides various curriculum-based programs to students in grades K-12 that are flexible in providing the specific financially-focused program that is most needed and appropriate for the grade level.

About Umpqua Bank Charitable Foundation

The Umpqua Bank Charitable Foundation recognizes the fundamental connection between education and economic prosperity. It works to strengthen the communities Umpqua Bank serves by investing in organizations and initiatives that expand access to education and create economic opportunity for children and families.

The Umpqua Bank Charitable Foundation was initially funded with $10 million in April 2014, and was formed to demonstrate the company’s deep commitment to the communities it serves.

Organizations can submit an application for a Community Giving grant at www.umpquabank.com/communitygiving.

About Umpqua Bank

Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation, and has locations across Idaho, Washington, Oregon, California 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 eight 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 the Most Admired Financial Services Company in Oregon for the tenth consecutive year. In addition to its retail banking presence, Umpqua Bank owns Financial Pacific Leasing, Inc., a nationally recognized commercial finance company that provides equipment leases to small businesses. The Umpqua Bank branch in Antioch is located in the Raley’s Shopping Center at 3700 Lone Tree Way.

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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