PORTLAND, Ore. — Roseburg-based Umpqua bank says it will donate $750,000 toward wildfire relief efforts in Oregon, Washington and California — both for immediate relief efforts and longer-term economic recovery.
“The personal loss experienced by so many people from these historic wildfires is truly incalculable. As a bank, we’ve experienced the devastation firsthand, including the complete loss of one of our stores in Phoenix, Oregon,” said Umpqua Bank CEO Cort O’Haver. “The road to recovery will take time, but Umpqua is committed to doing all we can to help our communities rebuild what’s been lost.”
In a statement, the bank said that $100,000 will go toward response and recovery efforts in the coming weeks. The remaining $650,000 will be earmarked for community organizations helping small businesses and local economic recovery.
Umpqua Bank says it has also approved a 3:1 corporate match for employees who donate to non-profits supporting those impacted by wildfires. For employees directly impacted by the fires, the bank says it has set up an emergency assistance fund and other resources.
“Especially in moments like this, we want our communities and people to know they’re not alone,” said O’Haver. “In addition to this initial relief, Umpqua will continue partnering closely with local leaders and organizations to help those we serve recover and move forward.”