Federal Reserve Board announces approval of application by Umpqua Holdings Corporation

The following press release was published by the Board of Governors of the Federal Reserve System on April 1, 2014. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced its approval of the application filed by Umpqua Holdings Corporation, Portland, Oregon, to acquire Sterling Financial Corporation and thereby indirectly acquire Sterling Savings Bank, both of Spokane, Washington.

Attached is the Board's Order relating to this action.

For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System