RENO, Nev.--(BUSINESS WIRE)--
Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ:UMPQ), is
expanding its Northern Nevada operations with the opening of a
commercial banking center at 3490 S. Virginia St. in Reno, Nev.Rob
Humphreys, senior vice president and commercial banking center manager
will lead the office and provide financial services to companies
throughout the region.
A 25-year veteran of the commercial banking industry, Humphreys recently
joined Umpqua Bank from US Bank where he was market president of
Northern Nevada and head of the institution’s middle market commercial
banking team in Reno, Nev.
Nick Butler, Teresa Courier and Steve Erger will join Humphreys as vice
presidents and senior relationship managers who will oversee the
development and delivery of commercial banking products and services for
Before joining Umpqua Bank, Butler and Courier co-managed a $300 million
C&I Lending portfolio. Butler and Courier maintain more than 25 years
combined experience. Erger has more than 15 years of commercial banking
experience and most recently managed an $80 million corporate loan
Umpqua Bank’s Reno commercial banking center will also employ a loan
assistant to provide tailored financial services to the local business
community and seven full-time universal associates to assist customers
with retail banking needs.
The commercial banking center is open weekdays from 9 a.m. until 5 p.m.
“As a community bank, we focus intensely on getting to know the
businesses and individuals we serve, and we are particularly pleased to
expand our Northern Nevada presence with the opening of our new
commercial banking center,” said Cort O’Haver, executive vice president
of commercial banking for Umpqua Bank. “We are committed to supporting
local businesses and strive to play a significant role in growing the
region’s economy – both through lending and other resources that support
small business initiatives.”
Umpqua Bank offers a full line of commercial, treasury management and
retail banking products and services. Additionally, the bank’s small
business lending program, MainStreet Small Business Lending
(MainStreet), stimulates growth within the communities it serves.
MainStreet augments the bank’s current lending programs and makes
available funds to underwrite loans that fall outside Umpqua’s standard
underwriting requirements. Additional information about Umpqua Bank’s
MainStreet program is available in store or online at: www.umpquabank.com/mainstreetlending.
About Umpqua Bank
Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua
Holdings Corporation (NASDAQ: UMPQ) and has 184 locations between San
Francisco and Seattle, along the Oregon and Northern California Coast,
and in Central Oregon and Northern Nevada. Umpqua Bank has been
recognized for its innovative customer experience and banking strategy
by national publications including The Wall Street Journal, The New York
Times, BusinessWeek, Fast Company and CNBC. The company has been
recognized for the past four years in a row on FORTUNE magazine’s list
of the country’s “100 Best Companies To Work For.” Umpqua Holdings also
owns a retail brokerage subsidiary, Umpqua Investments Inc., which
offers services through Umpqua Bank stores and in dedicated offices
throughout Oregon. Umpqua's Private Bank Division serves high net worth
individuals and non-profits providing customized financial solutions and
offerings. Umpqua Holdings Corporation is headquartered in Portland,
Ore. For more information, visit http://www.umpquabank.com.
Source: Umpqua Bank