Umpqua Bank Expands in Colorado with First Retail Branch and Commercial Office Location in Denver

Core Insights - Umpqua Bank has opened its first retail branch and commercial office in Denver, Colorado, marking a significant step in its expansion strategy across the Western U.S. [1][3] - The bank's growth in Colorado builds on its initial market entry in 2022, focusing on commercial real estate services and expanding its offerings to include private banking and wealth management [1][3][4] Expansion Strategy - The new Denver location includes a 7,500 square foot commercial space and a 2,600 square foot retail branch, demonstrating the bank's commitment to supporting a wide range of customer banking needs [4][5] - Umpqua Bank plans to open another commercial and retail location in Colorado Springs later in 2025, indicating ongoing expansion efforts in the state [6] Community Engagement - Umpqua Bank actively contributes to local communities, with the Umpqua Bank Charitable Foundation donating a total of $60,000 to various organizations in Denver [7] - An additional $25,000 was donated to the Denver Indian Family Resource Center to support tribal and indigenous communities [8] Company Overview - Umpqua Bank, a subsidiary of Columbia Banking System, Inc., has over $50 billion in assets and operates nearly 300 branches across eight western states [9] - The bank has been recognized for its exceptional customer service and community involvement, being named one of "Oregon's Most Admired Companies" for 20 consecutive years [10]