Umpqua Bank, initially named South Umpqua State Bank, was established on November 9, 1953, in Canyonville, Oregon, by a group of individuals engaged in the timber industry. This initiative aimed to provide a means for timber workers to cash their payroll checks. The bank commenced operations with a capital of $50,000 and surplus and reserves of $25,000. Among the early customers were D.B. "Tex" Ritter and his wife Nadine who opened the first commercial account for their South Umpqua Trucking Company​​.

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The bank's name underwent changes over the years, eventually becoming Umpqua Bank on December 4, 2000. Its headquarters are now located in Portland, Oregon, within the Umpqua Bank Plaza, a shift from its initial location in Canyonville, Oregon​.

Umpqua Bank is classified as a Federal Reserve Non-member Bank. It is a member of the Federal Deposit Insurance Corporation (FDIC) with a Certificate #17266. This certification dates back to the bank's founding date, ensuring the security of depositors' funds​.

The routing number for Umpqua Bank is 123205054, facilitating the processing of electronic transactions including direct deposits and electronic payments​.

As for its operations, Umpqua Bank has grown significantly from its humble beginnings. It has expanded its branch network to 308 branches across Six states, including California, Idaho, Nevada, Oregon, Utah, and Washington. This expansion reflects the bank's growth from $140 million in assets in 1995 to over $22 billion, marking its transition into a prominent regional bank in the Pacific Northwest​​. Here is the list of Umpqua Bank Routing Numbers CLick Here.

Umpqua Bank engages in both personal and business banking, offering a variety of services including checking and savings accounts, home loans, business loans, and wealth management services. The bank has also embraced digital banking solutions, providing mobile banking apps for check deposits, bill payments, and transaction monitoring, among other features​.

The bank maintains a community-centric approach, aiming to foster economic vitality within the regions it serves. It's not just about banking services, but also about nurturing relationships with customers and the broader community. This philosophy underpins Umpqua Bank's strategy and internal culture, emphasizing a local, community focus while managing exponential growth​​.

Umpqua Bank also participates in the political and public policy process, primarily in areas impacting the banking industry, adhering to stringent laws and regulations concerning political activities and contributions​.