Umpqua Bank will open new branch under its neighborhood store concept during the first quarter of 2015 at 710 SW Yamhill Street in Portland, Oregon.
Originally introduced in 2007, Umpqua’s neighborhood store concept integrates interactive design features and technology in smaller store footprints near where customers live, work and play.
Go deeper with GlobalData
Umpqua Bank president and CEO Ray Davis said, "Umpqua’s store design is constantly evolving to reflect changing consumer preferences and behaviors."
"We initially developed the neighborhood store concept to complement our flagship locations with a smaller design that could be built and opened quickly to provide our customers and communities with an engaging and highly interactive experience.
The lender said that the new Fox Tower store will build on design innovations introduced in the flagship stores Umpqua has opened most recently in San Jose, San Francisco and Seattle.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
