Umpqua Bank Launches Season Three of ‘Open Account’ Podcast

Real-life stories break down barriers, inspire candid conversations about money

PORTLAND, Ore. - August 3, 2017 -Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ:UMPQ), has officially unveiled season three of its inspirational podcast about people and money, "Open Account" with host Suchin Pak. Listeners can download 30-minute episodes featuring candid conversations with people - ordinary and famous - who share openly about their history with money to help others learn from their experiences. New episodes are being added every other week through November.

"Open Account" first launched in 2015 to give a voice to the issues around money we all face. At the time of the launch, Umpqua's own research found that money problems produce significant stress for 92 percent of Americans, negatively impacting family relationships, work performance, sleep patterns, and overall health. Though the simple act of talking about financial challenges with others helps reduce stress, Umpqua found nearly 80 percent avoid the topic. Embarrassment is a primary reason.

According to Lani Hayward, Umpqua Bank's EVP of creative strategies, "Open Account" reflects Umpqua's belief that open dialogue is often the first and most important step towards personal growth in any area of life-especially finances.

"We've created these podcasts to offer compelling stories of real people navigating the challenges, opportunities, successes and failures of personal finances," says Hayward. "They're short, engaging and help people see that financial struggles are common to everyone-regardless of age or income level. More importantly, 'Open Account' is helping remove barriers that often keep people from talking about money in healthy ways and moving forward in a positive direction."

To put a human face on the subject of personal finances and begin cracking the dialogue barrier, "Open Account" host Suchin Pak interviews a diverse group of guests who detail their real-life experiences handling the financial impact of life's many events and unplanned circumstances. Marriage, divorce, unemployment, launching a business, even the challenge of day-to-day financial decision making are covered in "Open Account."

Season three features the following conversations, among others:

  • A former welfare recipient and unemployed mother talks about rising from poverty and working to help end the cycle of poverty in America
  • Three children talk about discovering their deceased father's gambling habit and explore the financial secrets people hide from those they love
  • The former CEO of Levi Strauss & Co. and others share about the challenges of navigating a life of inherited wealth

Listeners can access "Open Account" wherever they access their podcast or via http://madetogrow.com/openaccount.

About Umpqua Bank
Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation, and has locations across Idaho, Washington, Oregon, California and Nevada. Umpqua Bank has been acknowledged for its innovative customer experience and banking strategy by national publications including The Wall Street Journal, The New York Times, BusinessWeek, Fast Company and CNBC. The company has been recognized for eight years in a row on FORTUNE magazine's list of the country's "100 Best Companies to Work For," and was recently named by The Portland Business Journal the Most Admired Financial Services Company in Oregon for the twelfth consecutive year. In addition to its retail banking presence, Umpqua Bank owns Financial Pacific Leasing, Inc., a nationally recognized commercial finance company that provides equipment leases to small businesses.

 

Umpqua Holdings also owns a retail brokerage subsidiary, Umpqua Investments, Inc., which offers services through Umpqua Bank stores and in dedicated offices throughout Oregon. Umpqua's Wealth Management Division serves high net worth individuals and nonprofits by providing customized financial solutions and offerings. Umpqua Holdings Corporation is headquartered in Portland, Ore. For more information, visit http://www.umpquabank.com.