Saturday, 18 May 2024

Umpqua Bank offers Disaster Relief Lending Program

LAKE COUNTY, Calif. – Umpqua Bank is offering a Disaster Relief Lending Program to support customers in communities affected by natural disasters including wildfires, earthquakes and floods. 

Available now to areas currently impacted by the California wildfires, the program provides rapid access to personal loans up to $2,500 at a reduced interest rate.

Umpqua Bank customers who reside within 25 miles of an Umpqua Bank store hit with a natural disaster under a level three or higher mandatory evacuation are eligible.

The loans are focused on helping customers take care of immediate needs for themselves and their families including short-term living expenses, generators for power and other immediate needs.

“Communities throughout the Umpqua footprint are facing another horrific wildfire season, and we wanted to re-launch our relief loan program to help those affected,” said Ray Davis, Umpqua Bank president and chief executive officer. “We’ve created this emergency lending program to provide quick, low-cost access to funds to support customers’ immediate needs during a time that can be financially unpredictable.”

Loan approvals are subject to the bank’s minimum credit requirements and store participation is subject to change depending on disaster location.

Relief loans are currently offered at the following stores:

· Willow Creek, Calif., River Complex fire;
· Weaverville, Calif., Fork Complex fire;
· Lakeport, Calif., Rocky fire;
· Kelseyville, Calif., Rocky fire;
· Ukiah Store, Calif., Rocky fire.

To learn more about the program or apply for a loan, customers can visit any Umpqua store, call 888-702-7759 or find the bank online at http://www.umpquabank.com/ .

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