PORTLAND, Ore.--(BUSINESS WIRE)--
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
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
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.
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