Umpqua Bank on Monday changed its name to Columbia Bank, with branches across the region now sporting new signs.
The Tacoma-based bank last month announced the date for the name change, which it first announced in April. The bank said it wanted to reduce confusion and simplify its portfolio of brands, which includes Columbia Wealth Management, Columbia Trust Company, Columbia Private Bank and Columbia Wealth Advisors.
Umpqua – now Columbia – has branches in Newport, Depoe Bay and Lincoln City.
Account numbers, online banking credentials and scheduled payments were not expected to be affected by the change.
Umpqua Bank, now Columbia Bank, holds $16.8 billion, or 16 percent, of bank deposits in Oregon, according to the latest data from the Federal Deposit Insurance Corp.
Umpqua Bank was founded as South Umpqua State Bank in 1953 in the small southern Oregon timber town of Canyonville. It moved its corporate headquarters from Roseburg to Portland in 2001, then to Lake Oswego in 2022.
— The Oregonian/OregonLive
