Lake Oswego, Oregon-based Umpqua Bank, which has 11 locations in Spokane and Kootenai counties, has opened its first retail branch and commercial office in Colorado.

The new Denver branch is another milestone in Umpqua’s ongoing expansion across the western U.S., where it has a presence in eight states.

Umpqua initially entered Colorado in 2022 with the addition of a middle market banking executive, according to a press release. Since then, the bank has added services and capabilities to its Colorado offering, supporting businesses and high-net-worth individuals through its private bank and wealth management services.

Umpqua plans to open another commercial and retail location in Colorado Springs later this year.

Umpqua is a subsidiary of Tacoma, Washington-based Columbia Banking System Inc.

Columbia (Nasdaq: COLB) stock traded at $23.94 per share at the close of the market on March 13, up from its 52-week low of $17.08 and down from its 52-week high of $32.85.