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Oregon Business - Oregon Businesses Show Signs of Optimism, Growth

Half of Oregon middle-market and small businesses surveyed expect overall economic conditions in the U.S. to improve in the next 12 months. While busi. ....

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Oregon Business - Oregon Businesses Show Signs of Optimism, Growth

Oregon Business - Oregon Businesses Show Signs of Optimism, Growth
oregonbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oregonbusiness.com Daily Mail and Mail on Sunday newspapers.

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FDIC Settlement Comes With $1.8M Fine For Umpqua Bank

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FDIC Settlement Comes With $1.8M Fine For Umpqua Bank
Law360 (May 10, 2021, 7:28 PM EDT) The Federal Deposit Insurance Corp. said Monday it has ordered one of the biggest Pacific Northwest regional banks to pay a $1.8 million fine as part of a settlement related to the collection practices of its commercial equipment finance unit.
Umpqua Bank, which is headquartered in Portland, Oregon, agreed to the order without admitting or denying the FDIC s allegations of unfair and deceptive practices at the bank s subsidiary, Financial Pacific Leasing Inc., or FinPac, a national provider of equipment leasing and financing.
The FDIC said FinPac charged various undisclosed collection fees to delinquent borrowers, including fees for collection calls and letters. ....

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FDIC Settlement Comes With $1.8M Fine For Umpqua Bank

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FDIC Settlement Comes With $1.8M Fine For Umpqua Bank
Law360 (May 10, 2021, 7:28 PM EDT) The Federal Deposit Insurance Corp. said Monday it has ordered one of the biggest Pacific Northwest regional banks to pay a $1.8 million fine as part of a settlement related to the collection practices of its commercial equipment finance unit.
Umpqua Bank, which is headquartered in Portland, Oregon, agreed to the order without admitting or denying the FDIC s allegations of unfair and deceptive practices at the bank s subsidiary, Financial Pacific Leasing Inc., or FinPac, a national provider of equipment leasing and financing.
The FDIC said FinPac charged various undisclosed collection fees to delinquent borrowers, including fees for collection calls and letters. ....

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Umpqua Bank Ranked #1 In Northwest For Customer Satisfaction By J.D. Power

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PORTLAND, Ore., May 7, 2021 /PRNewswire/ Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ), has been named the top bank in the Northwest region for customer satisfaction in the J.D. Power 2021 U.S. Retail Banking Satisfaction Study
SM. The bank was among 13 U.S. financial institutions to earn a top regional ranking in the study, which highlights banks efforts to support customers during the pandemic.
According to Umpqua CEO Cort O Haver, Umpqua s human digital banking strategy uniquely prepared the bank to help customers stay personally connected to their money and their banker, particularly at the height of the pandemic s economic and financial disruption. ....

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