Umpqua Bank later this year will change its name to Columbia Bank.
Tacoma-based Columbia Bank acquired Umpqua Bank in 2023, but at the time elected to keep the Umpqua name.
On Wednesday, the bank said it will scrap the Umpqua name to reduce confusion and simplify its portfolio of brands, which also includes Columbia Wealth Management, Columbia Trust Company, Columbia Private Bank, and Columbia Wealth Advisors…