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Umpqua Bank Targets Arizona for Expansion with the Opening of Three New Branches

byBrianna Wilson
September 23, 2024
in EF News
Reading Time: 2 mins read
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Umpqua Bank, a subsidiary of Columbia Banking System, continued expanding across the west with two new branch openings in Phoenix and Scottsdale, as well as a third Arizona location in Mesa planned for later this year.

“Arizona is a priority market for Umpqua Bank. The region’s dynamic business community aligns with our long-term strategy of expanding in markets that demonstrate strong growth potential and further our commitment to being the west’s premier bank of choice,” Clint Stein, CEO of Umpqua Bank, said. “Since entering Arizona in 2021, we have invested in the growth of our local teams to support the needs of our business customers, and we expect these new branches to accelerate our presence throughout the state.”

“We are excited to be part of the Phoenix and Scottsdale communities and look forward to expanding our footprint throughout Arizona with a new branch in Mesa, slated for early 2025, and additional branches under consideration,” Chris Merrywell, consumer bank president at Umpqua Bank, said. “With these markets poised for growth, we’ve assembled a top-tier team of professionals ready to meet the personal and business banking needs of the region.”

Phoenix Branch
Umpqua Bank opened its first retail branch in Phoenix in June located at 10201 S. 51st St in 10 Corporate Center. The 2,800 square foot branch is led by Melinda Santacruz, who brings more than 20 years of banking experience to the role and supports the local community through a wide range of volunteer work with organizations such as United Food Bank and the Phoenix Children’s Hospital Give-a-Thon.

Scottsdale Branch
In August, Umpqua Bank opened a retail branch in Scottsdale at Gainey Center II, 8501 N. Scottsdale Road. The branch is 4,000 square feet and managed by Britne Corkill. With more than 25 years of banking experience, Britne is also an active volunteer at several local community organizations, including Ronald McDonald House and St. Mary’s Food Bank.

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