2023’s first cycle of grants issued as part of $20MM philanthropic commitment following transformative merger with Columbia Bank

LAKE OSWEGO, Ore., (June 1, 2023)—In its first community grants cycle of 2023, the Umpqua Bank Charitable Foundation, a 501(c)(3) organization of Umpqua Bank, under the parent company Columbia Banking System, Inc., has awarded 78 grants to local nonprofits across its footprint totaling $417,000.

Umpqua’s community grants this cycle support nonprofit organizations across Oregon, Washington, Idaho, California and Nevada, and are part of the Bank’s overall foundation and corporate giving program that has invested $17.4 million in communities since the foundation was formed in 2014.  

“Each of the nonprofits selected displays an exemplary service mindset and a deep commitment to improving economic prosperity for under-resourced individuals, families and small businesses,” says Randy Choy, vice president of philanthropy programs and managing director of the Umpqua Bank Charitable Foundation. “We’re honored to partner with them by investing in their critical work, and we look forward to supporting many more organizations in 2023 through our giving and volunteerism programs.”

This is the first of three grant cycles in 2023, and the first cycle following the close of the merger between Umpqua Bank and Columbia Bank in March of this year. Following the completion of the merger, Umpqua Bank and parent company Columbia Banking System disbursed $20 million to the charitable foundation to sustain the foundation’s historic charitable giving levels and activate millions more each year.

“The Umpqua Bank Charitable Foundation is central to how we will continue to show up in support of each and every community we serve,” says Umpqua Bank Chief Marketing Officer David Moore Devine. “We issued this initial $20 million disbursement to the foundation at the outset of our future together to strengthen our commitment and ensure we will continue investing in our communities with greater impact and scale in the years ahead.” 

This cycle’s recipient organizations were selected from among hundreds of applicants, with a demonstrated commitment to improving economic prosperity for under-resourced individuals, families, and small businesses in at least one of the following areas: college, career and technical readiness; financial competency; housing stability and homeownership; entrepreneurship and business expansion; small business support and financial guidance; family engagement and resiliency; vibrant and equitable neighborhoods; and technical and digital connectivity. 

Learn more, including application deadlines and guidelines for our next community grant cycles, at www.umpquabank.com/our-impact/partnerships/ 

The following recipients received grants between $5,000-10,000: 

OREGON 

WASHINGTON 

CALIFORNIA 

IDAHO 

NEVADA 

About Umpqua Bank 
Umpqua Bank is a subsidiary of Columbia Banking System Inc., and a premier regional bank in the Western U.S., operating in Oregon, Washington, California, Idaho, Nevada, Utah, Arizona and Colorado. With over $50 billion of assets, Umpqua combines the resources, sophistication and expertise of a national bank with a commitment to deliver personalized service at scale. The bank consistently ranks as one of America’s Best Banks (ranked by Forbes) and supports consumers and businesses through a full suite of services, including retail and commercial banking; Small Business Administration lending; institutional and corporate banking; equipment leasing; and wealth management. The company is headquartered in Lake Oswego, Oregon, and trades under the ticker symbol COLB on the Nasdaq. Learn more at https://www.umpquabank.com.

About the Umpqua Bank Charitable Foundation
The Umpqua Bank Charitable Foundation, a 501(c)(3) organization of Umpqua Bank, recognizes the importance of building healthier, more resilient, better connected and inclusive communities throughout the eight-state footprint. It works to strengthen the communities Umpqua Bank serves by investing in organizations and initiatives that expand access to education and create economic opportunity for individuals, families and small businesses. The foundation was formed in 2014 to demonstrate Umpqua’s deep commitment to the communities it serves and has distributed more than $17 million across the bank’s footprint. 

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Heather Seppa, Northern Oregon & SW Washington Market Region Manager, Umpqua Bank

Create a solid saving and spending plan for your upcoming travels this season

Memorial Day weekend kicks off the unofficial start to summer: a time for outdoor activities, evenings spent grilling with friends and family and, of course, summer vacations. Whether you’re planning to hit the road or take to the skies, there are some important financial considerations when planning your next trip. As you dream about your next vacation, Umpqua Bank is offering tips to help you make the most of your trip with a solid plan to save and spend this summer season—and avoid falling victim to a vacation scam.

“We all deserve to take time to rest, relax and rejuvenate when the weather gets warmer,” says Heather Seppa, Northern Oregon & SW Washington Market Region Manager at Umpqua Bank. “But to make the most of your time away, it’s important that you create a plan and stick to it so you stay on budget, maximize your trip and return without vacation guilt.” 

Here are Heather’s top tips heading into travel season:

1. Set a budget and plan your trip around it. Take a good look at your finances and set realistic expectations for what you can afford without accruing vacation debt. For example, if you have your heart set on a specific location, consider traveling in the “shoulder season” (outside of peak travel times, typically in spring or early fall). Or, if you’re just looking to get away, research destination options that may help you save. Remember: Your budget should include everything—not just the flight and hotel. Think about costs for meals, transportation at your destination and any excursions you’d like to go on. This will give you a far more realistic expectation of the total cost.
2. Start a dedicated vacation fund. It’s never too late to start saving for your next vacation—even if it’s already booked. If your travel fund is mixed in with your general savings account, it can be tempting to dip into the fund for other expenses. Consider opening a separate savings account specifically for your vacation fund, which will help you keep an eye on exactly where you’re at financially. You can even set up recurring automatic payments from your checking account to this savings account to contribute regularly. You’ll be amazed at how quickly it adds up!
3. Use credit sparingly—but to your advantage. It can be easy to fall into the trap of using your credit card to pay for a vacation without paying it off right away, but that sets you up for fees and interest that add up long after your trip is over. You can, however, use a credit card to your advantage. Many credit cards offer perks such as earning rewards for everyday purchases that can be redeemed for airfare, hotels and more. And, a credit card often offers additional (and significant) advantages like trip cancellation coverage or no foreign transaction fees. Just be sure to read the fine print of what a credit card offers!

And, with these tips in mind, it’s also more important than ever to keep an eye out for scammers trying to take advantage of the increased interest in hotel, flight and vacation bookings. 

“Scammers are incredibly opportunistic, and increasingly savvy,” says Jon Stockton, Umpqua Bank’s Director of Fraud. “They are always inventing new ways to make something seem legitimate when it’s not—which means it’s important to stay extra vigilant.” 

Here are some helpful tips to avoid turning your dream trip into a nightmare—and a big headache—due to a vacation scam:

1. Verify Your Booking Site: Before you book your ticket, do some research. Does the website have a verifiable physical address and phone number? Do they have any Better Business Bureau complaints that might make you pause? When in doubt, booking directly from an airline or hotel is your safest bet—but remember, scammers are getting more and more clever, so double check that the website URL is the verified site of the company you are intending to book from.
2. Use Reputable Vacation Rental Services: Scammers often fabricate or even steal real rental property information to create fraudulent booking sites in an attempt to steal your information. If possible, call ahead to confirm a rental’s availability and speak to an actual person. And, use reputable vacation rental services that offer fraud protection.
3. Utilize Your Credit Card: Using a credit card often offers you more peace of mind because they have additional built-in protections against fraud, including things like vacation protection. Be wary of the payment methods your booking site is requesting; if they require you to wire the funds or provide a cashier’s check, it’s likely a scam.
4. Protect Yourself While You’re Out: Always keep your purse or wallet on you and in your possession when you’re traveling. Even a quick stop at a gas station or rest area is an invitation for an opportunistic scammer to snatch it. And, be sure to take note of any numbers or records you may need in the event you have to report a stolen or lost card to your financial institution. Remember: If you find yourself a victim (or suspected victim) of a scam, be sure to call your financial institution right away to start the process of reporting a stolen card or compromised account.

“Every year, we see scammers taking advantage of people trying to find a good deal,” Stockton says. “Just remember that if it seems too good to be true, it probably is—whether it’s a flight deal or an ultra-cheap vacation rental. Be extra careful and perform your own due diligence to verify their authenticity.” 

With these tips in mind and a plan in place, you can be confident that you’re maximizing your next big trip—and feeling good that you won’t come back with vacation-related guilt. 

Create a solid saving and spending plan for your upcoming travels this season

Memorial Day weekend kicks off the unofficial start to summer: a time for outdoor activities, evenings spent grilling with friends and family and, of course, summer vacations. Whether you’re planning to hit the road or take to the skies, there are some important financial considerations when planning your next trip. As you dream about your next vacation, Umpqua Bank is offering tips to help you make the most of your trip with a solid plan to save and spend this summer season—and avoid falling victim to a vacation scam.

“We all deserve to take time to rest, relax and rejuvenate when the weather gets warmer,” says Neal Brown, Southern Oregon & Siskiyou Market Region Manager at Umpqua Bank. “But to make the most of your time away, it’s important that you create a plan and stick to it so you stay on budget, maximize your trip and return without vacation guilt.” 

Here are Neal’s top tips heading into travel season:

1. Set a budget and plan your trip around it. Take a good look at your finances and set realistic expectations for what you can afford without accruing vacation debt. For example, if you have your heart set on a specific location, consider traveling in the “shoulder season” (outside of peak travel times, typically in spring or early fall). Or, if you’re just looking to get away, research destination options that may help you save. Remember: Your budget should include everything—not just the flight and hotel. Think about costs for meals, transportation at your destination and any excursions you’d like to go on. This will give you a far more realistic expectation of the total cost.
2. Start a dedicated vacation fund. It’s never too late to start saving for your next vacation—even if it’s already booked. If your travel fund is mixed in with your general savings account, it can be tempting to dip into the fund for other expenses. Consider opening a separate savings account specifically for your vacation fund, which will help you keep an eye on exactly where you’re at financially. You can even set up recurring automatic payments from your checking account to this savings account to contribute regularly. You’ll be amazed at how quickly it adds up!
3. Use credit sparingly—but to your advantage. It can be easy to fall into the trap of using your credit card to pay for a vacation without paying it off right away, but that sets you up for fees and interest that add up long after your trip is over. You can, however, use a credit card to your advantage. Many credit cards offer perks such as earning rewards for everyday purchases that can be redeemed for airfare, hotels and more. And, a credit card often offers additional (and significant) advantages like trip cancellation coverage or no foreign transaction fees. Just be sure to read the fine print of what a credit card offers!

And, with these tips in mind, it’s also more important than ever to keep an eye out for scammers trying to take advantage of the increased interest in hotel, flight and vacation bookings. 

“Scammers are incredibly opportunistic, and increasingly savvy,” says Jon Stockton, Umpqua Bank’s Director of Fraud. “They are always inventing new ways to make something seem legitimate when it’s not—which means it’s important to stay extra vigilant.” 

Here are some helpful tips to avoid turning your dream trip into a nightmare—and a big headache—due to a vacation scam:

1. Verify Your Booking Site: Before you book your ticket, do some research. Does the website have a verifiable physical address and phone number? Do they have any Better Business Bureau complaints that might make you pause? When in doubt, booking directly from an airline or hotel is your safest bet—but remember, scammers are getting more and more clever, so double check that the website URL is the verified site of the company you are intending to book from.
2. Use Reputable Vacation Rental Services: Scammers often fabricate or even steal real rental property information to create fraudulent booking sites in an attempt to steal your information. If possible, call ahead to confirm a rental’s availability and speak to an actual person. And, use reputable vacation rental services that offer fraud protection.
3. Utilize Your Credit Card: Using a credit card often offers you more peace of mind because they have additional built-in protections against fraud, including things like vacation protection. Be wary of the payment methods your booking site is requesting; if they require you to wire the funds or provide a cashier’s check, it’s likely a scam.
4. Protect Yourself While You’re Out: Always keep your purse or wallet on you and in your possession when you’re traveling. Even a quick stop at a gas station or rest area is an invitation for an opportunistic scammer to snatch it. And, be sure to take note of any numbers or records you may need in the event you have to report a stolen or lost card to your financial institution. Remember: If you find yourself a victim (or suspected victim) of a scam, be sure to call your financial institution right away to start the process of reporting a stolen card or compromised account.

“Every year, we see scammers taking advantage of people trying to find a good deal,” Stockton says. “Just remember that if it seems too good to be true, it probably is—whether it’s a flight deal or an ultra-cheap vacation rental. Be extra careful and perform your own due diligence to verify their authenticity.” 

With these tips in mind and a plan in place, you can be confident that you’re maximizing your next big trip—and feeling good that you won’t come back with vacation-related guilt. 

Tom Day, Greater Puget Sound Market Region Manager, Umpqua Bank

Create a solid saving and spending plan for your upcoming travels this season

Memorial Day weekend kicks off the unofficial start to summer: a time for outdoor activities, evenings spent grilling with friends and family and, of course, summer vacations. Whether you’re planning to hit the road or take to the skies, there are some important financial considerations when planning your next trip. As you dream about your next vacation, Umpqua Bank is offering tips to help you make the most of your trip with a solid plan to save and spend this summer season—and avoid falling victim to a vacation scam.

“We all deserve to take time to rest, relax and rejuvenate when the weather gets warmer,” says Tom Day, Greater Puget Sound Market Region Manager at Umpqua Bank. “But to make the most of your time away, it’s important that you create a plan and stick to it so you stay on budget, maximize your trip and return without vacation guilt.” 

Here are Tom’s top tips heading into travel season:

1. Set a budget and plan your trip around it. Take a good look at your finances and set realistic expectations for what you can afford without accruing vacation debt. For example, if you have your heart set on a specific location, consider traveling in the “shoulder season” (outside of peak travel times, typically in spring or early fall). Or, if you’re just looking to get away, research destination options that may help you save. Remember: Your budget should include everything—not just the flight and hotel. Think about costs for meals, transportation at your destination and any excursions you’d like to go on. This will give you a far more realistic expectation of the total cost.
2. Start a dedicated vacation fund. It’s never too late to start saving for your next vacation—even if it’s already booked. If your travel fund is mixed in with your general savings account, it can be tempting to dip into the fund for other expenses. Consider opening a separate savings account specifically for your vacation fund, which will help you keep an eye on exactly where you’re at financially. You can even set up recurring automatic payments from your checking account to this savings account to contribute regularly. You’ll be amazed at how quickly it adds up!
3. Use credit sparingly—but to your advantage. It can be easy to fall into the trap of using your credit card to pay for a vacation without paying it off right away, but that sets you up for fees and interest that add up long after your trip is over. You can, however, use a credit card to your advantage. Many credit cards offer perks such as earning rewards for everyday purchases that can be redeemed for airfare, hotels and more. And, a credit card often offers additional (and significant) advantages like trip cancellation coverage or no foreign transaction fees. Just be sure to read the fine print of what a credit card offers!

And, with these tips in mind, it’s also more important than ever to keep an eye out for scammers trying to take advantage of the increased interest in hotel, flight and vacation bookings. 

“Scammers are incredibly opportunistic, and increasingly savvy,” says Jon Stockton, Umpqua Bank’s Director of Fraud. “They are always inventing new ways to make something seem legitimate when it’s not—which means it’s important to stay extra vigilant.” 

Here are some helpful tips to avoid turning your dream trip into a nightmare—and a big headache—due to a vacation scam:

1. Verify Your Booking Site: Before you book your ticket, do some research. Does the website have a verifiable physical address and phone number? Do they have any Better Business Bureau complaints that might make you pause? When in doubt, booking directly from an airline or hotel is your safest bet—but remember, scammers are getting more and more clever, so double check that the website URL is the verified site of the company you are intending to book from.
2. Use Reputable Vacation Rental Services: Scammers often fabricate or even steal real rental property information to create fraudulent booking sites in an attempt to steal your information. If possible, call ahead to confirm a rental’s availability and speak to an actual person. And, use reputable vacation rental services that offer fraud protection.
3. Utilize Your Credit Card: Using a credit card often offers you more peace of mind because they have additional built-in protections against fraud, including things like vacation protection. Be wary of the payment methods your booking site is requesting; if they require you to wire the funds or provide a cashier’s check, it’s likely a scam.
4. Protect Yourself While You’re Out: Always keep your purse or wallet on you and in your possession when you’re traveling. Even a quick stop at a gas station or rest area is an invitation for an opportunistic scammer to snatch it. And, be sure to take note of any numbers or records you may need in the event you have to report a stolen or lost card to your financial institution. Remember: If you find yourself a victim (or suspected victim) of a scam, be sure to call your financial institution right away to start the process of reporting a stolen card or compromised account.

“Every year, we see scammers taking advantage of people trying to find a good deal,” Stockton says. “Just remember that if it seems too good to be true, it probably is—whether it’s a flight deal or an ultra-cheap vacation rental. Be extra careful and perform your own due diligence to verify their authenticity.” 

With these tips in mind and a plan in place, you can be confident that you’re maximizing your next big trip—and feeling good that you won’t come back with vacation-related guilt. 

Clint Gillum, Market Region Manager for the Inland Northwest, Umpqua Bank

Create a solid saving and spending plan for your upcoming travels this season

Memorial Day weekend kicks off the unofficial start to summer: a time for outdoor activities, evenings spent grilling with friends and family and, of course, summer vacations. Whether you’re planning to hit the road or take to the skies, there are some important financial considerations when planning your next trip. As you dream about your next vacation, Umpqua Bank is offering tips to help you make the most of your trip with a solid plan to save and spend this summer season—and avoid falling victim to a vacation scam.

“We all deserve to take time to rest, relax and rejuvenate when the weather gets warmer,” says Clint Gillum, Market Region Manager for the Inland Northwest at Umpqua Bank. “To make the most of your time away, it’s important to create a plan and stick to it so you stay on budget, maximize your trip and return with great memories and no regrets.” 

Here are Clint’s top tips heading into travel season:

1. Set a budget and plan your trip around it. Take a good look at your finances and set realistic expectations for what you can afford without accruing vacation debt. For example, if you have your heart set on a specific location, consider traveling in the “shoulder season” (outside of peak travel times, typically in spring or early fall). Or, if you’re just looking to get away, research destination options that may help you save. Remember: Your budget should include everything—not just the flight and hotel. Think about costs for meals, transportation at your destination and any excursions you’d like to go on. This will give you a far more realistic expectation of the total cost.
2. Start a dedicated vacation fund. It’s never too late to start saving for your next vacation—even if it’s already booked. If your travel fund is mixed in with your general savings account, it can be tempting to dip into the fund for other expenses. Consider opening a separate savings account specifically for your vacation fund, which will help you keep an eye on exactly where you’re at financially. You can even set up recurring automatic payments from your checking account to this savings account to contribute regularly. You’ll be amazed at how quickly it adds up!
3. Use credit sparingly—but to your advantage. It can be easy to fall into the trap of using your credit card to pay for a vacation without paying it off right away, but that sets you up for fees and interest that add up long after your trip is over. You can, however, use a credit card to your advantage. Many credit cards offer perks such as earning rewards for everyday purchases that can be redeemed for airfare, hotels and more. And, a credit card often offers additional (and significant) advantages like trip cancellation coverage or no foreign transaction fees. Just be sure to read the fine print of what a credit card offers!

And, with these tips in mind, it’s also more important than ever to keep an eye out for scammers trying to take advantage of the increased interest in hotel, flight and vacation bookings. 

“Scammers are incredibly opportunistic, and increasingly savvy,” says Jon Stockton, Umpqua Bank’s Director of Fraud. “They are always inventing new ways to make something seem legitimate when it’s not—which means it’s important to stay extra vigilant.” 

Here are some helpful tips to avoid turning your dream trip into a nightmare—and a big headache—due to a vacation scam:

1. Verify Your Booking Site: Before you book your ticket, do some research. Does the website have a verifiable physical address and phone number? Do they have any Better Business Bureau complaints that might make you pause? When in doubt, booking directly from an airline or hotel is your safest bet—but remember, scammers are getting more and more clever, so double check that the website URL is the verified site of the company you are intending to book from.
2. Use Reputable Vacation Rental Services: Scammers often fabricate or even steal real rental property information to create fraudulent booking sites in an attempt to steal your information. If possible, call ahead to confirm a rental’s availability and speak to an actual person. And, use reputable vacation rental services that offer fraud protection.
3. Utilize Your Credit Card: Using a credit card often offers you more peace of mind because they have additional built-in protections against fraud, including things like vacation protection. Be wary of the payment methods your booking site is requesting; if they require you to wire the funds or provide a cashier’s check, it’s likely a scam.
4. Protect Yourself While You’re Out: Always keep your purse or wallet on you and in your possession when you’re traveling. Even a quick stop at a gas station or rest area is an invitation for an opportunistic scammer to snatch it. And, be sure to take note of any numbers or records you may need in the event you have to report a stolen or lost card to your financial institution. Remember: If you find yourself a victim (or suspected victim) of a scam, be sure to call your financial institution right away to start the process of reporting a stolen card or compromised account.

“Every year, we see scammers taking advantage of people trying to find a good deal,” Stockton says. “Just remember that if it seems too good to be true, it probably is—whether it’s a flight deal or an ultra-cheap vacation rental. Be extra careful and perform your own due diligence to verify their authenticity.” 

With these tips in mind and a plan in place, you can be confident that you’re maximizing your next big trip—and feeling good that you won’t come back with vacation-related guilt.