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Umpqua Bank Expands in Colorado with First Retail Branch and Commercial Office Location in Denver

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Umpqua Bank, a subsidiary of Columbia Banking System (Nasdaq: COLB), has expanded its presence in Colorado with the opening of its first retail branch and commercial office in Denver. The new location includes a 7,500 square foot commercial space opened in January 2025 and a 2,600 square foot retail branch.

The expansion builds on Umpqua's initial 2022 market entry in Colorado providing commercial real estate services. The Denver Tech Center location will offer full-service consumer, commercial, private banking, and wealth management services. The branch, led by Daniel Maganda, will operate Monday through Friday from 9 a.m. to 5 p.m.

The bank plans to further expand with another commercial and retail location in Colorado Springs later this year. As part of its community engagement, the Umpqua Bank Charitable Foundation has contributed $60,000 to various local organizations and an additional $25,000 to the Denver Indian Family Resource Center.

Umpqua Bank, una filiale del Columbia Banking System (Nasdaq: COLB), ha ampliato la sua presenza in Colorado con l'apertura della sua prima filiale al dettaglio e ufficio commerciale a Denver. La nuova sede include uno spazio commerciale di 7.500 piedi quadrati aperto a gennaio 2025 e una filiale al dettaglio di 2.600 piedi quadrati.

L'espansione si basa sull'ingresso iniziale di Umpqua nel mercato del Colorado nel 2022, fornendo servizi di immobili commerciali. La sede del Denver Tech Center offrirà servizi bancari al consumo, commerciali, privati e di gestione patrimoniale. La filiale, guidata da Daniel Maganda, sarà aperta dal lunedì al venerdì dalle 9:00 alle 17:00.

La banca prevede di espandersi ulteriormente con un'altra sede commerciale e al dettaglio a Colorado Springs entro la fine dell'anno. Come parte del suo impegno verso la comunità, la Umpqua Bank Charitable Foundation ha contribuito con 60.000 dollari a varie organizzazioni locali e ulteriori 25.000 dollari al Denver Indian Family Resource Center.

Umpqua Bank, una subsidiaria de Columbia Banking System (Nasdaq: COLB), ha ampliado su presencia en Colorado con la apertura de su primera sucursal minorista y oficina comercial en Denver. La nueva ubicación incluye un espacio comercial de 7,500 pies cuadrados que se inauguró en enero de 2025 y una sucursal minorista de 2,600 pies cuadrados.

La expansión se basa en la entrada inicial de Umpqua en el mercado de Colorado en 2022, ofreciendo servicios de bienes raíces comerciales. La ubicación en Denver Tech Center ofrecerá servicios bancarios completos para consumidores, comerciales, privados y de gestión de patrimonio. La sucursal, dirigida por Daniel Maganda, operará de lunes a viernes de 9 a.m. a 5 p.m.

El banco planea expandirse aún más con otra ubicación comercial y minorista en Colorado Springs más adelante este año. Como parte de su compromiso con la comunidad, la Umpqua Bank Charitable Foundation ha contribuido con $60,000 a varias organizaciones locales y otros $25,000 al Denver Indian Family Resource Center.

Umpqua Bank는 Columbia Banking System(Nasdaq: COLB)의 자회사로서, 덴버에 첫 번째 소매 지점 및 상업 사무소를 열어 콜로라도에서의 입지를 확장했습니다. 새로운 위치에는 2025년 1월에 개장한 7,500 평방 피트의 상업 공간과 2,600 평방 피트의 소매 지점이 포함됩니다.

이번 확장은 2022년 콜로라도 시장에 처음 진입한 Umpqua의 상업용 부동산 서비스 제공을 기반으로 하고 있습니다. 덴버 테크 센터 위치에서는 소비자, 상업, 개인 은행업 및 자산 관리 서비스를 제공합니다. 다니엘 마간다가 이끄는 이 지점은 월요일부터 금요일까지 오전 9시부터 오후 5시까지 운영됩니다.

은행은 올해 말에 콜로라도 스프링스에 또 다른 상업 및 소매 위치를 확장할 계획입니다. 지역 사회 참여의 일환으로, Umpqua Bank 자선 재단은 여러 지역 단체에 60,000달러를 기부하고 덴버 인디언 가족 자원 센터에 추가로 25,000달러를 기부했습니다.

Umpqua Bank, une filiale de Columbia Banking System (Nasdaq: COLB), a élargi sa présence dans le Colorado avec l'ouverture de sa première agence de détail et bureau commercial à Denver. Le nouvel emplacement comprend un espace commercial de 7 500 pieds carrés ouvert en janvier 2025 et une agence de détail de 2 600 pieds carrés.

Cette expansion s'appuie sur l'entrée initiale d'Umpqua sur le marché du Colorado en 2022, offrant des services immobiliers commerciaux. L'emplacement du Denver Tech Center proposera des services bancaires complets pour les particuliers, les entreprises, la banque privée et la gestion de patrimoine. L'agence, dirigée par Daniel Maganda, sera ouverte du lundi au vendredi de 9h à 17h.

La banque prévoit de s'étendre davantage avec un autre emplacement commercial et de détail à Colorado Springs plus tard cette année. Dans le cadre de son engagement communautaire, la Umpqua Bank Charitable Foundation a contribué 60 000 dollars à diverses organisations locales et 25 000 dollars supplémentaires au Denver Indian Family Resource Center.

Umpqua Bank, eine Tochtergesellschaft des Columbia Banking System (Nasdaq: COLB), hat ihre Präsenz in Colorado mit der Eröffnung ihrer ersten Einzelhandelsfiliale und Geschäftsstelle in Denver erweitert. Der neue Standort umfasst eine 7.500 Quadratfuß große Gewerbefläche, die im Januar 2025 eröffnet wurde, sowie eine 2.600 Quadratfuß große Einzelhandelsfiliale.

Die Expansion baut auf dem ursprünglichen Markteintritt von Umpqua in Colorado im Jahr 2022 auf, bei dem kommerzielle Immobilienservices angeboten wurden. Der Standort im Denver Tech Center wird umfassende Dienstleistungen für Verbraucher, Gewerbe, Privatkunden und Vermögensverwaltung anbieten. Die Filiale, die von Daniel Maganda geleitet wird, ist von Montag bis Freitag von 9 bis 17 Uhr geöffnet.

Die Bank plant, später in diesem Jahr mit einem weiteren kommerziellen und Einzelhandelsstandort in Colorado Springs zu expandieren. Im Rahmen ihres Engagements für die Gemeinschaft hat die Umpqua Bank Charitable Foundation 60.000 US-Dollar an verschiedene lokale Organisationen und zusätzlich 25.000 US-Dollar an das Denver Indian Family Resource Center gespendet.

Positive
  • Geographic expansion into new market with strong economic potential
  • Diversification of services from initial commercial real estate to full-service banking
  • Strategic location in Denver Tech Center targeting business community
Negative
  • None.

Umpqua Bank's retail and commercial space supports full-service consumer, commercial, private banking and wealth management services

LAKE OSWEGO, Ore., March 11, 2025 /PRNewswire/ -- Umpqua Bank, a subsidiary of Columbia Banking System, Inc. (Nasdaq: COLB), today announced the opening of its first retail branch and commercial office in Denver, Colo., marking another milestone in its ongoing expansion across the Western U.S. The bank's continued growth and expansion in Colorado builds upon the success of its initial entry in the market in 2022 providing commercial real estate services.

According to Chris Merrywell, President of Consumer Banking, the announcement reflects Umpqua Bank's commitment to investing in markets with strong economic potential and business communities that align with its relationship-based approach to banking.

"Denver has so much to offer in terms of its quality of life, dynamic economy and vibrant business community. The city is a real catalyst for prosperity in Colorado and across the Mountain West," said Merrywell. "Umpqua Bank is thrilled to strengthen our presence here as we strive to become the premier, full-service bank of choice in communities throughout Colorado and the broader region."

Umpqua Bank initially entered Colorado in 2022 with the addition of middle market banking executive Shawn Thompson. Over the past three years, the bank has steadily added services and capabilities to its Colorado offering, supporting businesses of all sizes as well as high net worth individuals through its private bank and wealth management services.

"Since entering the market, Umpqua Bank has led with talent. We've assembled a top local banking team that offers an alternative option for businesses that want robust capabilities and expertise, paired with a personalized banking experience," said Thompson. "Opening our first retail branch and commercial office space in the heart of Denver's thriving business community signals our long-term commitment to the market and enables us to support the full range of customer banking needs."

Umpqua Bank's location in the Denver Tech Center includes a 7,500 square foot commercial space that opened in January 2025 and an additional 2,600 square foot retail branch. The local team will host a grand opening event for the broader community in April.

The branch is led by Daniel Maganda, who brings more than 14 years of banking experience to his role at Umpqua Bank and is an active volunteer with the Rocky Mountain Finance Institute, where he assists local entrepreneurs with identifying targets and developing marketing strategies. The branch is located at 4600 S Syracuse St, Suite 150 Denver, CO 80237 and will be open from 9 a.m. to 5 p.m., Monday through Friday.

The bank has plans to open another commercial and retail location in Colorado Springs later this year.

Community Involvement

Umpqua Bank plays an active role in the communities in which it operates. As part of the bank's continued expansion in Denver, the Umpqua Bank Charitable Foundation (UBCF) recently contributed a combined $60,000 in charitable donations to Care and Share, Children's Hospital Colorado Foundation, Goodwill of Colorado, Pikes Peak Community Foundation, Pikes Peak or Bust Rodeo Foundation and Warren Village.

Additionally, the UBCF donated $25,000 to the Denver Indian Family Resource Center to advance the work of nonprofit partners that support the needs of tribal and indigenous communities.

Learn more about Umpqua Bank's growing Colorado presence at https://www.umpquabank.com/colorado/.

About Umpqua Bank
Umpqua Bank, a subsidiary of Columbia Banking System, Inc. (Nasdaq: COLB), is an award-winning regional financial institution supporting businesses of all sizes and consumers across eight western states. Headquartered in Lake Oswego, Oregon, with more than $50 billion in assets, Umpqua is the largest Northwest-based and third largest publicly traded bank on the West Coast. Through a network of nearly 300 branches and a full suite of commercial and retail capabilities, Umpqua is taking its celebrated brand of relationship banking across the West into some of the most dynamic and economically vibrant markets in the country. For its commitment to exceptional customer service and thriving communities, Umpqua has been named one of "Oregon's Most Admired Companies" for 20 straight years and is consistently ranked by Newsweek as one of "America's Most Trustworthy Companies."

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/umpqua-bank-expands-in-colorado-with-first-retail-branch-and-commercial-office-location-in-denver-302398594.html

SOURCE Umpqua Bank

FAQ

When did Umpqua Bank (COLB) open its first Denver branch and how large is the facility?

Umpqua Bank opened its first Denver location in January 2025, featuring a 7,500 sq ft commercial space and 2,600 sq ft retail branch in the Denver Tech Center.

What services does Umpqua Bank (COLB) offer at its new Denver location?

The Denver location offers full-service consumer, commercial, private banking, and wealth management services.

What are Umpqua Bank's (COLB) expansion plans in Colorado for 2025?

Umpqua Bank plans to open an additional commercial and retail location in Colorado Springs later in 2025.

How much has Umpqua Bank (COLB) invested in Colorado community initiatives?

Umpqua Bank has contributed $85,000 total, with $60,000 to various local organizations and $25,000 to the Denver Indian Family Resource Center.
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