• Be a new customer.
• Open a new Business Checking account with a minimum opening deposit of $10,000¹.
• Maintain at least a $10,000 daily balance² for 60 days after funded or an average daily balance³ of $15,000 for 60 days from account open date.
• Enroll in online banking.
• Complete at least 5 qualifying transactions within 60 days of account open date. Qualifying transactions include debit card purchases, ACH credits, wire transfers (credit or debit), mobile deposits or Bill Pay payments.

*Limited time offer. Existing customers (businesses) with a business checking account or customers (businesses) who had an account in the last 12 months do not qualify. You must open a new business deposit checking account with a participating branch to qualify. New IOLTA and Insured Cash Sweep (ICS) accounts are not eligible for this offer. Your promotional offer must be activated by your banker at account opening. You must enroll in online banking within 60 calendar days of account opening to qualify. Once all requirements have been met, the bonus will be paid within 45 calendar days, deposited directly into the qualifying account. Account must be open without a negative balance to receive bonus. The bonus will be reported as interest earned on IRS Form 1099-INT and recipient is responsible for any applicable taxes. All standard account opening procedures apply. Normal account service charges and balance requirements apply. Refer to account disclosures received at the time of account opening for further information and for complete fee and balance requirements associated with your account. Limit one $500 bonus per qualifying account. Limit one $500 bonus per business. Fiduciary accounts and nonprofit organizations do not qualify for this offer. Employees of Umpqua Bank, its affiliates and subsidiaries are not eligible for this offer. Offer may not be combined with any other business checking account offers. Offer only available at the Denver – Tech Center (CO), Phoenix I-10 (AZ), Deer Valley (AZ), Mesa (AZ), Scottsdale (AZ) and South Jordan (UT) branches. We reserve the right to restrict or change this offer at any time.

¹Subject to approval. Account must be funded at $10,000 within 10 days of account opening to qualify.

²Uses the daily ledger balance

³Average daily balance is the aggregate balance since the beginning of the current year divided by the number of days the account has been open for the current year