MyBankTracker rated Umpqua Bank based on the following criteria that includes real customer reviews and bank fees, among others. Our bank report card is a proprietary rating system that highlights the financial health and stability of the bank.
I went into this new noe valley branch (was a circle bank branch before) on christmas eve around 1pm to personally deposit a large check and some cash. Branch personnel assured me that $200 of my check and all of my cash would be available for withdrawl immediately. On christmas morning, i went to send my giftly gift certificates to my remote family and loved ones and... No money. No money, not even the cash, had been posted!!! I am new to this bank, and though staff is friendly, staff is not competent nor well-informed. Umpqua bank has ruined christmas 2012. The bank is in violation of its own stated policies regarding money handling (listed on their website and on the deposit receipts i was given yesterday). If a bank cannot handle my money in a consistent and trustworthy manner, what good are they as a bank?! In fact, what the hell are they even doing in the banking business?!! **************
update: the day after christmas, my account manager contacted me directly and apologized. Apparently the circle bank employees had not yet been fully trained on umpqua bank processes and one of them had not written my deposit amount in a way that the computers could read the scans, so in fact the deposit needed to be manually entered later on, which wasn't discovered until the day after christmas. While it is clear that they need to be more on-the-ball with this merger, it is also clear that it was not intentional, and that it is in the merger process that performance results are going to be a little uneven until they complete the transition.
If I could put zero stars I would. I have had so many problems with this bank. Hidden fees, they choose not to inform you of the many ways you can set up your account so that you can prevent fees and when there is an issue the customer is to blame. While I agree whole heartedly that it is my responsibility to keep track of my money, I do not agree with Umpqua not informing you that there has been an overdraft. When I looked up my account I had TEN overdraft fees. Yet not a single phone call to let me know what is going on. Other banks do. Not Umpqua. When I asked why they don't call, she responded saying some banks do but we are not required. She tried talking me into setting up all these ways to prevent overdraft fees in the future (which by the way, I was never informed of in the first place). So in the end nothing was fixed, no apologies and I shall be telling all my friends and family to get a new bank. I for one will be closing down my accounts as soon as I pay off the overdraft fees.
Umpqua bank recently went through a computer upgrade. I was unable to access my accounts for over 10 days. I called umpqua right away - was promised a call back within the same business day - never received a call back. I called again the next day, sat on hold for 46 minutes when i was disconnected. Again, was promised a call back as the customer service representative could not help me. I didn't receive a call back. On the third day i finally reached someone after waiting on hold for 34 minutes and was told due to the computer upgrade i would not be able to access my accounts until someone called me back.
Day 10 and no one has called. So i called again today, sat on hold for over an hour and was disconnected! I called back, sat on hold for 21 minutes and was repeatedly put on hold to find someone who could help me. 10 days without access to my accounts! This is the worst customer service experience i have ever encountered and not having access to my money makes me very nervous but umpqua isn't taking any steps to help me out.