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Umpqua Holdings Corp
Umpqua Holdings Corporation, d.b.a. Umpqua Bank, is a financial holding company based in downtown Portland, Oregon, United States. Headquarters are in the Umpqua Bank Plaza, formerly the headquarters of Benj. Franklin Savings and Loan. The firm has two principal operating subsidiaries: Umpqua Bank (the Bank) and Umpqua Investments (formerly Strand, Atkinson, Williams and York (Investments)). The company’s main operating segments are personal banking and lending, business banking and lending, and wealth management. The bank serves consumers and businesses in the community.Pender, Kathleen“Umpqua Bank aims to be part of S.F. community.”SFGate. Aug. 28, 2013 As of 2015, Umpqua Bank had $24 billion in assets and $18 billion in deposits and was ranked among the largest 60 banks in the nation.Securities and Exchange Commission Form 10-k. Commission File number 001-34624 Its parent company, Umpqua Holdings, is publicly traded. As of 2016, Umpqua Bank was the largest Oregon-base ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Bank Of Clark County
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Banks Established In 1953
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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American Companies Established In 1953
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * Ba ...
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Companies Based In Portland, Oregon
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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List Of Companies Based In Oregon
This is a list of companies based in Oregon. Oregon is the ninth largest by area and the 27th most populous of the 50 United States. The gross domestic product (GDP) of Oregon in 2010 was $168.6 billion; it is the United States's 26th wealthiest state by GDP. The state's per capita personal income in 2010 was $44,447. Oregon has one of the largest salmon-fishing industries in the world, although ocean fisheries have reduced the river fisheries in recent years. The state is home to many breweries, and Portland has the largest number of breweries of any city in the world. High technology industries and services have been major employers since the 1970s. Tektronix was the largest private employer in Oregon until the late 1980s. Intel's creation and expansion of several facilities in eastern Washington County continued the growth that Tektronix had started. Intel is now the state's largest for-profit private employer, with more than 17,000 employees, while Providence Health & Ser ...
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Washington (state)
Washington (), officially the State of Washington, is a state in the Pacific Northwest region of the Western United States. Named for George Washington—the first U.S. president—the state was formed from the western part of the Washington Territory, which was ceded by the British Empire in 1846, by the Oregon Treaty in the settlement of the Oregon boundary dispute. The state is bordered on the west by the Pacific Ocean, Oregon to the south, Idaho to the east, and the Canadian province of British Columbia to the north. It was admitted to the Union as the 42nd state in 1889. Olympia is the state capital; the state's largest city is Seattle. Washington is often referred to as Washington state to distinguish it from the nation's capital, Washington, D.C. Washington is the 18th-largest state, with an area of , and the 13th-most populous state, with more than 7.7 million people. The majority of Washington's residents live in the Seattle metropolitan area, the center of trans ...
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Sterling Bank (Washington)
Sterling Financial Corporation was a bank holding company headquartered in Spokane, Washington. In 2014, the company was acquired by Umpqua Holdings Corporation. The bank operated 173 branches in Washington, Oregon, California, Idaho. History The company commenced operations in 1983. In 1998, the company acquired 33 branches from KeyCorp. In 2007, the company agreed to acquire North Valley Bancorp for $196 million in cash and stock, but the merger was cancelled after failing to win regulatory approval. During the financial crisis of 2007-2008, the company received a $303 million investment by the United States Department of the Treasury as part of the Troubled Asset Relief Program. In October 2009, the company received a cease and desist order from regulators and initiated executive changes. In 2010, the company raised $730 million in capital to avoid being shut down by regulators. Thomas H. Lee Partners and Warburg Pincus each acquired a 22.6% stake in the company. In 20 ...
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San Francisco Bay Area
The San Francisco Bay Area, often referred to as simply the Bay Area, is a populous region surrounding the San Francisco, San Pablo, and Suisun Bay estuaries in Northern California. The Bay Area is defined by the Association of Bay Area Governments to include the nine counties that border the aforementioned estuaries: Alameda, Contra Costa, Marin, Napa, San Mateo, Santa Clara, Solano, Sonoma, and San Francisco. Other definitions may be either smaller or larger, and may include neighboring counties that do not border the bay such as Santa Cruz and San Benito (more often included in the Central Coast regions); or San Joaquin, Merced, and Stanislaus (more often included in the Central Valley). The core cities of the Bay Area are San Francisco, San Jose, and Oakland. Home to approximately 7.76 million people, Northern California's nine-county Bay Area contains many cities, towns, airports, and associated regional, state, and national parks, connected by a comp ...
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Umpqua Bank Tanasbourne Branch - Hillsboro, Ore
Umpqua or Umqua may refer to: People * Umpqua people, an indigenous people of present-day Oregon ** Upper Umpqua language, the language of the Upper Umpqua people Places * Fort Umpqua, the name of two former military installations in Oregon * Umpqua, Oregon, a community * Umpqua City, Oregon, the former name of Winchester Bay, Oregon * Umpqua Community College * Umpqua County, Oregon, a former county * Umpqua Hot Springs * Umpqua National Forest * Umpqua River * Umpqua River Light * Umpqua Valley AVA, a wine growing region Other * Umpqua Holdings Corporation (NASDAQ: UMPQ) * Umpqua Community College shooting The Umpqua Community College shooting occurred on October 1, 2015, at the Umpqua Community College, UCC campus near Roseburg, Oregon, United States. Chris Harper-Mercer, a 26-year-old student who was enrolled at the school, fatally shot an assi ...
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Rainier Pacific Bank
Rainier may refer to the following: People *Rainier (name), a list of people with the given name or surname Places United States * Rainier, Oregon, a small city * Rainier, Washington, a small city * Rainier Beach, Seattle *Mount Rainier, a stratovolcano and national park southeast of Seattle, Washington, US * Rainier National Forest, a former national forest now divided between Mount Baker-Snoqualmie, Wenatchee and Gifford Pinchot National Forests *Rainier Mesa, Nevada, a nuclear test region Canada * Rainier, Alberta, a hamlet Sports * Tacoma Rainiers, a minor league baseball team of the Pacific Coast League * Seattle Rainiers, a defunct minor league baseball team in Seattle, Washington, that last played in 1976 Watercraft * USS ''Rainier'', several United States Navy ships * NOAAS ''Rainier'' (S 221), a National Oceanic and Atmospheric Administration hydrographic survey ship in service from 1968 to 1995 and since 1999 Other *Rainier (Link station), a light rail station in Seat ...
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Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that supply deposit insurance to depositors in American depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions. The FDIC is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US$2,500 per ownership category, and this was increased several times over the years. Since the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to $250,000 per ownership category. FDIC insurance is backed by the full faith and credit of the ...
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