Hires Industry Veteran Kelly Warter to Lead Venture
Bank, a subsidiary ofUmpqua Holdings Corporation (NASDAQ:
UMPQ), continues the expansion of its commercial real estate presence in
the Pacific Northwest with the addition of a new homebuilder finance
group. The new group will provide Oregon- and Washington-based
residential regional homebuilders and developers with access to
construction and development loans.
To lead the venture, Umpqua has hired Kelly Warter as senior vice
president and homebuilder finance manager. Based in Seattle, Warter will
oversee the bank’s homebuilder finance operations, including the
expansion of products and portfolios. Warter brings more than 30 years
of homebuilder finance and commercial real estate lending experience and
will report to John Swanson, senior vice president and head of Umpqua
Bank’s commercial real estate division.
“We are very pleased to welcome Kelly to the Umpqua Bank team,” said
John Swanson. “Her extensive experience in construction and residential
development lending makes Kelly a tremendous asset as we expand our
commercial real estate offerings throughout the Pacific Northwest.”
Also joining Umpqua’s homebuilder finance division are Lisa Woodruff,
senior assistant relationship manager, and Sheneil Kliewer, senior loan
administrator. Collectively, the team has more than 50 years of
experience in homebuilder and developer financing.
For more information about Umpqua Bank, its homebuilder and commercial
real estate offerings, visit umpquabank.com.
About Umpqua Bank
Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua
Holdings Corporation with 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 six
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
Wealth Management Division serves high net worth individuals and
nonprofits by providing customized financial solutions and offerings.
Umpqua Holdings Corporation is headquartered in Portland, Ore. For more
information, visit http://www.umpquabank.com.
*PHOTO AVAILABLE UPON REQUEST
Ming Lacey, 503-546-7891
Source: Umpqua Bank