Hello there, WaterskiCowboy.

As my colleague JaneD shared above, the error code occurs if the .qbo file provided by your Umpqua Bank contains invalid formatting or information. With that being said, QuickBooks can't properly read the data from your WebConnect file.

To fix this issue, let's download the file again directly from Umpqua and make sure that the information and the mapping of the fields are correct. 

Once done, let's import the .qbo file again.

If you want to download the transactions from your bank, let's double-check that it is a .qbo file. Then, try importing again.

If you still see an error, you can follow Step 3 in this article: Review notifications from your bank.

When you're ready to add and match the transactions, you can check this article as your guide: Add and match Bank Feed transactions in QuickBooks Desktop.

I'm just around if you needed help. Have a good one!