Umpqua Holdings Corporation (NASDAQ: UMPQ), parent company of Umpqua
Bank and Strand, Atkinson, Williams & York, Inc., today
announced that its Board of Directors approved a quarterly cash dividend
of $0.19 per common share. The dividend is payable on Oct. 15, 2008 to
shareholders of record as of Sept. 30, 2008.
About Umpqua Holdings Corporation
Umpqua Holdings Corporation (NASDAQ: UMPQ) is the parent company of
Umpqua Bank, an Oregon-based community bank recognized for its
entrepreneurial approach, innovative use of technology, and distinctive
banking solutions. Umpqua Bank has 148 locations between Napa, Calif.,
and Bellevue, Wash., along the Oregon and Northern California Coast and
in Central Oregon. Umpqua Holdings also owns a retail brokerage
subsidiary Strand, Atkinson, Williams & York Inc., which has locations
in Umpqua Bank stores and in dedicated offices throughout Oregon and
Southwest Washington. Umpqua Bank's Private Client Services Division
provides tailored financial services and products to individual
customers. Umpqua Holdings Corporation is headquartered in Portland,
Ore. For more information, visit www.umpquaholdingscorp.com.
Umpqua Holdings Corporation
President & CEO
Ray Davis,
503-727-4101
raydavis@umpquabank.com
or
EVP/Chief
Financial Officer
Ron Farnsworth, 503-727-4108
ronfarnsworth@umpquabank.com