• Umpqua Holdings Corporation
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  • Umpqua Bank Hires Ron Stroble to Lead Mortgage Lending Division
    Company Release - 12/17/2003 13:39

    PORTLAND, Ore., Dec. 17 /PRNewswire-FirstCall/ -- Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (Nasdaq: UMPQ), has named Ron Stroble as senior vice president and mortgage division manager. Stroble will be responsible for overseeing all aspects of Umpqua Bank's residential mortgage lending operations.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20030917/SFW078LOGO )

    Stroble most recently held a similar position at Chase Manhattan Mortgage Corp. in Lake Oswego where he was responsible for residential mortgage lending and served as a vice president and regional manager.

    "Ron brings a wealth of experience and knowledge with him that will help Umpqua Bank provide superior service and products to our home mortgage customers," said Brad Copeland, executive vice president and chief credit officer. Umpqua Bank provides mortgage services throughout the state of Oregon, as well as Southwest Washington, and continues to show increased volumes.

    During Stroble's 25 years of experience in the banking and brokerage industries, he has held positions with Mellon Bank, US Bank and WestOne Bank. He holds a Bachelor of Science in Business Finance from the University of Oregon and has served as a board member of the Oregon Mortgage Bankers Association and the Lake Oswego School Foundation.

    About Umpqua Bank

    Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation and has 64 locations between Ashland, Ore. and Vancouver, Wash., and along the Oregon Coast. Umpqua Holdings also owns retail brokerage subsidiary Strand, Atkinson, Williams & York, Inc., which has nine locations throughout Oregon and Southwest Washington and offers brokerage services within Umpqua Bank stores. Umpqua Bank's Private Client Services Division provides tailored financial services and products to individual customers. Umpqua Holdings Corporation is headquartered in Portland, Ore. For more information, visit www.umpquabank.com.

    SOURCE  Umpqua Bank
        -0-                             12/17/2003
        /CONTACT:  Lani Hayward of Umpqua Bank, +1-503-228-2117, or
    lanihayward@umpquabank.com; Charley Ciresi of Lane Marketing, +1-503-546-7878,
    or charley@lanemarketing.com, for Umpqua Bank/
        /Photo:  http://www.newscom.com/cgi-bin/prnh/20030917/SFW078LOGO
                  AP Archive:  http://photoarchive.ap.org
                  PRN Photo Desk, 888-776-6555 or 212-782-2840/
        /Web site:  http://www.umpquaholdingscorp.com /
        (UMPQ)
    
    CO:  Umpqua Bank; Umpqua Holdings Corporation; Strand, Atkinson, Williams &
         York, Inc.
    ST:  Oregon
    IN:  FIN
    SU:  PER
    
    JP-HD 
    -- SFW069 --
    8334 12/17/200313:39 ESThttp://www.prnewswire.com