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Murphy Joins WaFd Bank as Regional President of Northern Oregon

In this role, Colin Murphy will lead the bank’s commercial and retail banking strategy across the region, with a focus on client relationships, team development and community engagement.

byBrianna Wilson
January 9, 2026
in News, People

WaFd, the parent company of WaFd Bank, added Colin Murphy as regional president for Northern Oregon. In this role, Murphy will lead the bank’s commercial and retail banking strategy across the region, with a focus on client relationships, team development and community engagement.

Murphy brings more than 22 years of banking experience to WaFd Bank, including over 15 years dedicated to commercial banking. Most recently, he led a commercial banking team at BMO/Bank of the West, overseeing key markets across Portland, Seattle and Boise. His leadership experience spans relationship management, market growth and creating empowered, result-oriented teams in competitive markets.

“Colin’s deep commercial banking background, strong leadership skills, and passion for supporting local businesses make him an excellent fit,” Dan LaCoste, executive director at WaFd Bank, said. “His experience across the Pacific Northwest aligns well with our commitment to helping businesses and communities thrive.”

Murphy is known for his relationship-based leadership style and commitment to community impact, with a focus on lasting partnerships, local business support and team development.

“I’m excited to join WaFd Bank and lead the Northern Oregon region,” Murphy said. “I chose WaFd because of its passion for supporting small businesses and the local community. They have a strong reputation for relationship-based banking and community involvement. Their size was important to me as well. As a regional bank they care about the people they serve, but large enough to offer all the products and services their clients need. I know I have the potential to make a positive impact.”

In his free time, Murphy volunteers for the board of directors for Campfire Columbia, where he serves on the finance committee. He can often be found on the golf course, coaching youth softball and baseball, hiking or traveling with his family.

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