Umpqua Bank Provides $47.6MM Facilities to Bay Ship & Yacht

Umpqua Bank provided $47.6 million in senior secured credit facilities to Bay Ship & Yacht, a vessel maintenance and repair company in Northern California.

Umpqua Bank Hires Former KeyBanc Exec to Launch Capital Markets Unit

Umpqua Bank hired Chad Riddle, former director of investment banking at KeyBanc Capital Markets, to lead a new Capital Markets division as managing director.

Umpqua Bank, Others Provide $70MM to HealthFirst Financial

HealthFirst Financial, a national patient financing provider, secured a $70 million line of credit from a lending syndicate that includes Umpqua Bank, Columbia Bank, Opus Bank and Pacific Continental Bank.

AP Equipment Financing Closes $57MM Line with BMO Harris

Allegiant Partners, dba AP Equipment Financing, increased its senior credit facility with BMO Harris Bank to $57 million.

Umpqua Bank Provides Additional $5MM to REG Grays Harbor

REG Grays Harbor secured an additional $5 million credit facility from Umpqua Bank to fund further capital expenditures and improvements at its biodiesel refinery.

Umpqua Launches Corporate Banking Division, Cabrera to Lead

Umpqua Bank is adding a corporate banking division to provide growing companies with dedicated resources and a full range of corporate banking products, including debt capital markets, international banking and treasury management. Richard Cabrera will lead the division.

Former 49er Tory Nixon Joins Umpqua as EVP, C&I Lending

Umpqua Bank hired Tory Nixon as executive vice president to focus on C&I lending in the middle market. Nixon played for the San Francisco 49ers from 1985-1989 and was a member of the Super Bowl XX111 Championship team.

Umpqua Bank Named Oregon’s Most Admired Financial Services Company

Umpqua Bank has been named Oregon’s Most Admired Financial Services Company and the sixth Most Admired Company across all industries by The Portland Business Journal.

Umpqua to Promote Shotwell to CCO

Umpqua Bank announced David Shotwell was promoted to chief credit officer following the retirement of Mark Wardlow, effective July 1, 2015.

Umpqua Expands Imperium Renewables Working Capital Facility

Imperium Renewables announced a new lending agreement with Umpqua Bank that will provide Imperium with an additional $10 million in working capital to fuel its growth.