• Umpqua Holdings Corporation
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  • Umpqua Bank Creates Eco-Banking Division
    Names LEED Accredited Loan Specialist Dan Weldon Eco-Banking ManagerĀ 
    Company Release - 03/30/2009 12:51

    PORTLAND, Ore.--(BUSINESS WIRE)-- Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ:UMPQ), has created a new eco-banking division and promoted vice president Dan Weldon to eco-banking manager. Weldon is one of the few senior lending specialists in the nation who is a LEED (Leadership in Energy and Environmental Design) Accredited Professional, and will be responsible for building and leading the bank's eco-banking division.

    With the goals of reducing energy and resource consumption within the communities Umpqua serves and supporting businesses committed to becoming more environmentally sustainable, Weldon is assembling a team of leaders across all of the company's business units. These units include: mortgage, commercial lending, community banking and private client services. In addition, Weldon will lead the development, delivery and tracking of Umpqua Bank's energy loan and deposit programs, including the GreenStreet lending program which offers financing options designed to help small businesses and homeowners invest in energy efficiency and renewable energy projects. Weldon is based in Portland, Ore. and will report to Steve Rice, executive vice president commercial banking.

    "With this new division and position, we are working aggressively to make it easier for consumers and businesses to fund environmentally sustainable projects," said Ray Davis, president and CEO of Umpqua Bank. "Dan's singular skill-set allows Umpqua Bank to be a catalyst for sustainable lending in Portland and throughout the West coast."

    Additionally, Weldon was recently asked to join Mayor Sam Adams' Planning and Sustainability Cabinet, which will bring together Portland's most experienced leaders to advise the Mayor on the challenges and opportunities associated with the city's impending growth.

    Weldon has nearly 20 years of banking experience. He began his banking career as a community development loan officer with First Interstate Bank before moving into the position of commercial relationship manager for Umpqua Bank. Weldon earned his LEED accreditation from the U.S. Green Building Council (USGBC) in 2007. He is also a member of Cascadia Green Building Council, was a participant in the 2008 Cascadia GBC Green Broker conference and the Sustainable Forests Conference.

    Weldon received his bachelor's degree from California Polytechnic State University, San Luis Obispo, and his master's in business administration from George Fox University.

    About Umpqua Bank

    Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ) and has 150 locations between Napa, Calif. and Bellevue, Wash., along the Oregon and Northern California Coast and in both Central California and Central Oregon. Umpqua Bank has been recognized for its innovative customer experience and banking strategy by national publications including the Wall Street Journal, New York Times, BusinessWeek, Fast Company and CNBC. The company has been recognized for the past three years in a row on FORTUNE magazine's list of the country's "100 Best Companies To Work For." Umpqua Holdings also owns retail brokerage subsidiary Strand, Atkinson, Williams & York Inc., which has locations in Umpqua Bank stores and in dedicated offices throughout Oregon and Southwest Washington. 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 http://www.umpquabank.com/.

        Source: Umpqua Bank

    Contact: Umpqua Bank Lani Hayward, 503-727-4132 lanihayward@umpquabank.com or L A N E PR Eve Callahan, 503-546-7867 eve@lanepr.com