Privacy & Security

What is the FDIC?


The FDIC is an independent agency of the United States government. They, along with other federal and state regulatory agencies, regularly review all FDIC-insured banks, such as Umpqua, to ensure standards are met. It’s also the FDIC’s role to preserve and promote the public confidence in the U.S. financial system by insuring deposits in financial institutions.


Why is FDIC insurance important to you?

FDIC insurance protects deposits from loss up to the FDIC insurance limit, including principal and accrued interest. Deposits include checking accounts, NOW accounts, savings accounts, money market accounts, individual retirement accounts (IRAs) and certificates of deposit (CDs).


Your FDIC Coverage


The merger between Columbia Bank and Umpqua Bank was completed on March 1, 2023. If you have accounts with Columbia Bank and Umpqua Bank and your deposit totals will be more than $250,000.00, please read the information below.


Your deposits continue to be insured by the FDIC. Each depositor is insured up to $250,000; the maximum permitted by law. If you have accounts with both Umpqua Bank and Columbia Bank, your funds at each institution will be insured separately for at least six months following the close of the merger.


Certificates of Deposits (CDs) from Columbia Bank are separately insured from your deposits at Umpqua Bank until the earliest maturity date after the end of the six-month grace period.


CDs that mature during the six-month grace period and are renewed for the same term and in the same dollar amount (either with or without accrued interest added to the principal amount) continue to be separately insured until the first maturity date after the six-month period.


If a CD matures during the six-month grace period and is renewed on any other basis, it will be separately insured only until the end of the six-month grace period.


At Umpqua Bank, your deposits are covered by the FDIC for up to $250,000 per depositor.* You may have more coverage depending on the ownership of your accounts.

  • Single ownership accounts are insured up to $250,000 per owner

  • Joint ownership accounts are insured with at least $500,000 (Up to $250,000 per co-owner)

  • IRAs are insured up to $250,000 per owner

  • Revocable trust accounts are insured up to $250,000 per owner, per beneficiary


An example of $1,250,000 in coverage:


 Account Owner   Deposit Type   Account Balance 
 Sue   Certificate of Deposit   $250,000 
 Bob   Money Market Account   $250,000 
 Bob & Sue   Savings Account   $500,000 ($250,000 per person) 
 Bob   IRA Account   $250,000 
 Total Deposits     $1,250,000 
 Amount Insured     $1,250,000 


*Additional coverage may be available to you depending on the ownership status of your account. Talk to your local banker for details.


Calculate your FDIC insurance coverage

Use the FDIC's Electronic Deposit Insurance Estimator (EDIE) to estimate your insurance coverage.


Click here to read more about FDIC insurance.