Umpqua Bank is headquartered in Roseburg and is the largest bank in the state of Oregon. It is also the 70th largest bank in the nation. It was established in 1953 and as of March of 2019, it had grown to 3,853 employees at 276 locations. Umpqua Bank has an A health rating.
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Umpqua Bank
I love this bank. When I lost my card they made it super easy to get a new one. They have also forgiven overdraft fees when I ran into financial hardships because I had previously maintained my account pretty well. I appreciate that they don't charge overdraft fees for less than $5 of insufficient funds. Whenever I get a chance to go back to Oregon and go into a physical bank, the tellers are always very nice and super helpful.
This Is Not Really An Online Bank
I attempted to open a two year CD that I saw listed here. I am not an existing customer of this bank. However, after going to the website and then calling, I learned that the two year CD could not be opened on line.
To get the two year CD I had to physically go to one of their branches to do that. Nonetheless, I would not be able to fund such a CD by ACH (most of my investable funds are at other internet banks and funds are moved by ACH). Rather, I would have to open a deposit account which could be funded by ACH, too complicated.
While there website shows online capability, it seems that is only intended for existing customers
My experiences with Umpqua Bank
I switched over to Umpqua Bank after having repeatedly been let down by Wells Fargo. I found that at Umpqua, I get a lot more personalized service. The few times I have had an issue, I have been able to get through to a human and get the problem resolved pretty quickly, instead of wading through an endless phone tree morass that you encounter with a bigger institution.
Worst Bank Ever
Bank "upgraded" its online program causing my computer to crash everytime I logged on. Bank suggested I disable my virus protection while using online banking!!!! Spent countless hours switching to their business banking platform only to run into problem after problem after problem. I have wasted dozens of hours trying to cope with this bank's choice to buy a terrible bill pay system. "World's Greatest Bank"? More last "World's Greatest Banking Nightmare".
Data as of Q1 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 17266 |
| Year Established | 1953 |
| Employees | 3853 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.16% |
| Return on Equity - YTD | 7.19% |
| Annual Interest Income | $283.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $27.32B$25.85B |
| Loans | Q1 2019vs Q1 2018 | $20.50B$19.47B |
| Deposits | Q1 2019vs Q1 2018 | $21.37B$20.24B |
| Equity Capital | Q1 2019vs Q1 2018 | $4.40B$4.29B |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $144.8MM$141.8MM |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $72.9MM$69.9MM |
| Real Estate Owned | Q1 2019vs Q1 2018 | $10.5MM$13.1MM |
Always verify rates and promotions with the bank or credit union. We are not Umpqua Bank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Umpqua Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.01% | - | - | Grow Savings |
Umpqua Bank Money Market Rates
Umpqua Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.01% | - | - | Attain Checking |
Umpqua Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.40% | $1k | - | 24 Month CD | |
| 2.15% | $1k | - | 13 Month CD | |
| 2.15% | $1k | $75k | 13 Month Online CD |
