Advances company’s commitment to serving business segment vital to economic growth and recovery
PORTLAND, Ore., (December 8, 2020)—Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDQ: UMPQ), announced today the formation of a new community & business banking division to support the unique challenges and opportunities of businesses with annual revenue between $1 million and $15 million. To lead the division, Umpqua has promoted Ashley Hayslip, who recently managed the bank’s Paycheck Protection Program implementation efforts that helped thousands of West Coast businesses survive the pandemic-induced economic shutdown.