2023's first cycle of grants issued as part of $20MM philanthropic commitment following transformative merger with Columbia Bank

LAKE OSWEGO, Ore., June 12, 2023 /PRNewswire/ -- In its first community grants cycle of 2023, the Umpqua Bank Charitable Foundation, a 501(c)(3) organization of Umpqua Bank, under the parent company Columbia Banking System, Inc. (Nasdaq: COLB), has awarded 78 grants to local nonprofits across its footprint totaling $417,000.