Umpqua Bank Expands Its Footprint in Colorado with New Denver Branch

Umpqua Bank Expands Its Footprint in Colorado

Umpqua Bank, a prominent subsidiary of Columbia Banking System, Inc., recently celebrated the grand opening of its inaugural retail branch and commercial office in Denver, Colorado. This strategic move marks a pivotal point in the bank's ongoing expansion efforts throughout the Western United States. Since its initial entrance into the Colorado market back in 2022 with a focus on commercial real estate services, the bank has seen remarkable growth and success, leading to this latest development.

According to Chris Merrywell, President of Consumer Banking, this new location signifies Umpqua Bank's unwavering commitment to investing in thriving markets that showcase robust economic potential and vibrant community engagement. "Denver has a lot to offer in terms of quality of life, a dynamic economy, and a bustling business community. The city represents a significant catalyst for prosperity not only in Colorado but also across the Mountain West region," stated Merrywell. "We are excited to strengthen our presence in this area as we strive to become the leading bank of choice for full-service banking in Colorado and beyond."

Umpqua Bank’s expansion in Colorado has been deliberate and consistent. The bank first made its mark in the state by welcoming middle market banking executive Shawn Thompson to its team. Over the past three years, Umpqua has diligently broadened its range of services, catering to businesses of all sizes and high net worth individuals through its dedicated private banking and wealth management offerings.

"Since our entry into the market, we've led with exceptional talent," commented Thompson. "Our local banking team provides a strong alternative for businesses seeking comprehensive expertise paired with a personalized banking experience. The opening of our first retail branch and commercial office right in the heart of Denver’s thriving business district underscores our long-term commitment to this market and empowers us to meet the full spectrum of our customers' banking needs."

The new Denver location includes a spacious 7,500 square foot commercial office, which has been operational since January 2025, as well as a retail branch spanning 2,600 square feet. The local team is planning to host a grand opening event for the community in April. The branch is managed by Daniel Maganda, who offers over 14 years of banking experience and is actively involved with the Rocky Mountain Finance Institute, supporting local entrepreneurs in developing their business strategies and marketing initiatives. The branch is strategically located at 4600 S Syracuse St, Suite 150 Denver, CO 80237, and is open from 9 a.m. to 5 p.m., Monday through Friday.

In addition to expanding its physical presence, Umpqua Bank places a strong emphasis on community involvement. As part of its commitment to giving back, the Umpqua Bank Charitable Foundation recently made notable contributions totaling $60,000 to various local organizations such as Care and Share, the Colorado Foundation for Children, Goodwill of Colorado, the Pikes Peak Community Foundation, the Pikes Peak or Bust Rodeo Foundation, and Warren Village. The foundation also allocated $25,000 specifically to the Denver Indian Family Resource Center to assist nonprofits dedicated to serving tribal and indigenous communities.

For those interested in learning more about Umpqua Bank’s growing presence in Colorado, additional information can be found on their official website: Umpqua Bank Colorado.

As a notable financial institution with a robust regional presence, Umpqua Bank serves a diverse clientele across eight Western states and is recognized for its exceptional customer service. Headquartered in Lake Oswego, Oregon, with over $50 billion in assets, Umpqua Bank continues to solidify its reputation as a trusted partner for businesses and consumers across the nation. For 20 consecutive years, Umpqua has been recognized as one of "Oregon's Most Admired Companies" and is consistently featured by Newsweek among "America's Most Trustworthy Companies."