Umpqua Bank Launches 10th Annual Warm Hearts Winter Drive to Support Local Nonprofits and Shelters Helping Neighbors in Need
Rhea-AI Summary
Umpqua Bank has launched its 10th Annual Warm Hearts Winter Drive, a community campaign aimed at supporting individuals, families, and youths facing housing challenges. The initiative, involving 4,800 associates and nearly 300 branches, seeks to collect winter items and raise funds for shelters across six states.
Last year's drive raised $365,000 for over 100 shelter partners and nonprofits across Oregon, Washington, California, Idaho, Nevada, and Utah. Since its 2015 inception, the campaign has generated nearly $2.5 Million in funds and resources.
Donations can be made through WarmHeartsWinterDrive.com or at local Umpqua Bank branches, with 100% of contributions directly supporting local shelters and aide organizations in their respective communities.
Positive
- None.
Negative
- None.
News Market Reaction – COLB
In the trading session that priced this news, COLB gained 2.30%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
The Umpqua Bank Warm Hearts Winter Drive to Raise Funds and Collect Winter Items for Nonprofits and Shelter Partners Throughout the Bank's Footprint
LAKE OSWEGO, Ore., Nov. 21, 2024 /PRNewswire/ -- Umpqua Bank today announced the launch of its 10th Annual Warm Hearts Winter Drive, an associate-driven campaign to support individuals, families and youths throughout the bank's footprint who struggle with access to housing and other basic resources. As part of the drive, Umpqua Bank's 4,800 associates and nearly 300 local branches will help mobilize their respective communities to raise money and collect winter items for shelters and aide organizations serving people experiencing homelessness.
Last year, the Warm Hearts Winter Drive raised a total of
"It's an honor to celebrate the Warm Heart Winter Drive's 10-year anniversary and take a moment to reflect on the impact this campaign has made in the communities across our footprint," said Umpqua Bank Chief Marketing Officer David Moore Devine. "Thank you to all our associates, customers and community members who contribute to Warm Hearts each and every year. We look forward to continuing to work alongside all the amazing nonprofit partners and local shelters that do so much to support those in need and make our communities stronger."
How to Support the Warm Hearts Winter Drive
The Warm Hearts Winter Drive accepts cash donations in addition to new winter clothes. Contributions can be made at www.WarmHeartsWinterDrive.com. Financial contributions and new winter clothing items can also be donated at Umpqua Bank branches.
Associates at Umpqua Bank's nearly 300 branches are actively engaged in securing financial contributions and warm clothing from customers and community members. One hundred percent of the clothing and funds collected will be donated directly to local shelters and aide organizations.
All designated contributions stay in the community where they were raised and directly support local organizations. Among the list of benefiting organizations are
For more information on the list of benefiting organizations in each county, or to make a cash or new clothing donation, please visit WarmHeartsWinterDrive.com. Those interested in supporting the Warm Hearts campaign may also email community@umpquabank.com for more information.
About Umpqua Bank
Umpqua Bank is a subsidiary of Columbia Banking System Inc., (Nasdaq: COLB) and a premier regional bank in the western
View original content to download multimedia:https://www.prnewswire.com/news-releases/umpqua-bank-launches-10th-annual-warm-hearts-winter-drive-to-support-local-nonprofits-and-shelters-helping-neighbors-in-need-302313402.html
SOURCE Umpqua Bank