Umpqua Bank and Energy Trust of Oregon Launch GreenStreet Lending

PORTLAND, OR--(Marketwire - November 12, 2008) - Today, Umpqua Bank, a subsidiary of Umpqua Holdings Corp. (NASDAQ: UMPQ), and Energy Trust of Oregon, Inc., an independent nonprofit organization, unveiled low-interest financing for energy-saving improvements and solar energy systems. Their program, GreenStreet Lending, offers financing options designed to help small businesses and homeowners manage rising energy costs by making it easier to invest in energy efficiency and renewable energy projects.

About GreenStreet Lending Products

All GreenStreet Lending products offer low-interest rate financing, have no loan origination fees or closing costs, and have flexible terms. The following GreenStreet loan options are now available to qualified borrowers on approved credit who are Oregon customers of Portland General Electric, Pacific Power, NW Natural or Cascade Natural Gas:

GreenStreet Financing for Homeowners

Product                               Loan Amount              Term
                                 -------------------- --------------------
Home Equity Loan                  $  5,000 to $ 50,000    up to 15 years
                                 -------------------- --------------------
Unsecured Home Improvement Loan   $  1,000 to $ 50,000    up to 5 years
                                 -------------------- --------------------


GreenStreet Financing for Small Businesses

Product                               Loan Amount              Term
                                 -------------------- --------------------
Commercial Real Estate
Improvement Loan                 $ 5,000 to $ 100,000    up to 15 years
                                 -------------------- --------------------
Business Term Loan                $ 5,000 to $ 100,000    up to 7 years
                                 -------------------- --------------------

"Umpqua Bank and Energy Trust launched GreenStreet Lending through a shared commitment to help Oregonians create long-term energy savings through an investment in their home or business now," said Lani Hayward, executive vice president of creative strategies, Umpqua Bank. "GreenStreet's financing options make it easy and affordable for qualified borrowers to get the assistance they need to make environmentally-responsible home and business improvements."

"This winter, Oregonians are facing increased energy costs. Fortunately, there are ways to help keep those costs at bay by changing the way we use energy at home and work," said Margie Harris, executive director, Energy Trust. "GreenStreet Lending products are unlike any other available in the state. They are specifically designed to remove a financial barrier for Oregonians seeking energy-saving and solar solutions for their homes and businesses."

GreenStreet products can be paired with Energy Trust's cash incentives and State of Oregon energy tax credits, making home and business energy improvements financially accessible to a broader market.

Additional information about GreenStreet loans and current rates are available online at www.greenstreetloan.com or by calling 1-866-790-2121.

About Umpqua Bank

Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ) and has 148 locations between Napa, Calif. and Bellevue, Wash., along the Oregon and Northern California Coast, and in both Central California and Central Oregon. Umpqua Bank has been recognized for its innovative customer experience and banking strategy by national publications including the Wall Street Journal, New York Times, BusinessWeek, Fast Company and CNBC. The company, recognized for the second year in a row, ranked 13th on Fortune Magazine's 2008 list of the country's "100 Best Companies To Work For." Umpqua Holdings also owns retail brokerage subsidiary Strand, Atkinson, Williams & York Inc., which has locations in Umpqua Bank stores and in dedicated offices throughout Oregon and Southwest Washington. Umpqua Bank's Private Client Services Division provides tailored financial services and products to individual customers. Umpqua Holdings Corporation is headquartered in Portland, Ore. Umpqua Bank is an Equal Housing Lender. For more information, visit http://www.umpquabank.com/.

About Energy Trust

Energy Trust of Oregon, Inc., is a nonprofit organization dedicated to changing how Oregonians use energy by promoting energy efficiency and clean renewable energy for Oregon customers of Portland General Electric, Pacific Power, NW Natural and Cascade Natural Gas. For more information, visit Energy Trust's Web site, www.energytrust.org, or call 1-866-368-7878.