PORTLAND, Ore.--(BUSINESS WIRE)--
For the eighth year in a row, Umpqua Bank has been named to the FORTUNE 100 Best Companies to Work For®. Ranked 71 on the list, which recognizes companies that have exceptional workplace cultures, Umpqua is the highest ranked bank and only Oregon-based company to make the list.
Umpqua Bank was selected from among hundreds of companies that opt to participate in the selection process, which includes an employee survey and an in-depth questionnaire about their programs and company practices. Great Place to Work® then evaluates each application using its unique methodology based on five dimensions: credibility, respect, fairness, pride and camaraderie.
“It’s an honor to be named to FORTUNE’s list of the “100 Best Companies to Work” for the eighth consecutive year, and we’re proud of what this says about our company and our culture,” said Ray Davis, president and CEO of Umpqua Bank. “This recognition reflects the commitment our associates have to our culture and to one another – and the extraordinary ways they serve our customers and communities every day.”
The recognition adds to a growing list of recent accolades for Umpqua Bank. In addition to being named to FORTUNE magazine’s list of the country’s “100 Best Companies to Work For” the past eight years in a row, last month the company was named the Most Admired Financial Services Company in Oregon by The Portland Business Journal for the ninth consecutive year, and the state’s seventh-most admired company overall for 2013.
“Part of the magic of the list is its diversity across industries, geographies, and the companies appearing on this year’s list come from an array of industries As companies’ external reputations become intrinsically linked to who they are internally, being known as a great workplace will become imperative. The FORTUNE 100 Best Companies to Work For® list grows more competitive every year and this list represents the best of the best,” said China Gorman, Global Chief Executive Officer of Great Place to Work®. “While each company is unique, what they have in common are strong cultures that support positive workplaces.”
Great Place to Work®, the creator of the list, has found that employees believe they work for great organizations when they consistently trust the people they work for, have pride in what they do and enjoy the people they work with.
To see the complete 2014 FORTUNE 100 Best Companies to Work For® list and to learn more about how to build a high-trust workplace culture, visit www.greatplacetowork.com.
About Umpqua Bank
Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation with locations between California’s Central Coast and the Puget Sound, along the Oregon and Northern California Coast, and in Central Oregon and Northern Nevada. Umpqua Bank has been recognized for its innovative customer experience and banking strategy by national publications including The Wall Street Journal, The New York Times, BusinessWeek, Fast Company and CNBC. The company has been recognized for the past eight years in a row on FORTUNE magazine’s list of the country’s “100 Best Companies to Work For,” and was recently named by The Portland Business Journal the Most Admired Financial Services Company in Oregon for the ninth consecutive year.
Umpqua Holdings also owns a retail brokerage subsidiary, Umpqua Investments, Inc., which offers services through Umpqua Bank stores and in dedicated offices throughout Oregon, and Financial Pacific Leasing, a nationally-recognized commercial finance company that provides equipment leases to small businesses. Umpqua’s Wealth Management Division serves high net worth individuals and nonprofits by providing customized financial solutions and offerings. Umpqua Holdings Corporation is headquartered in Portland, Ore. For more information, visit http://www.umpquabank.com.
About Great Place to Work
Great Place to Work® is a global consulting and management training firm specializing in workplace excellence and development of high-trust organizational cultures. Its proprietary research tool, the Trust Index© Employee Survey is taken by over 10 million employees in 45 countries annually. Leading companies worldwide apply its Model® to increase the levels of trust across their organizations and drive business results. Annually, Great Place to Work® produces the annual FORTUNE 100 Best Companies to Work For® list and the Great Place to Work® Best Small and Medium Workplaces list. Follow Great Place to Work® online at www.greatplacetowork.com and on Twitter at @GPTW_US.
- Umpqua Bank
- FORTUNE magazine
- Portland Business Journal
Tom Biro, 206-686-6420 or 862-485-0711