UMPQUA BANK EXPANDS ITS MIDDLE MARKET BANKING DIVISION IN COLORADO
According to Umpqua’s Head of Middle Market Banking Richard Cabrera, today’s announcement marks Umpqua’s latest expansion into the western United States and reflects its commitment to building best-in-class banking teams in the Mountain West region, led by Jonathan Daleexecutive vice president – Oregon & Regional Director Mountain West. The addition of Thompson gives the bank immediate market access and the ability to fully serve the banking needs of mid-sized businesses in the large Denver Metro, colorado springsand Fort Collins.
“Our commitment to Colorado and every market we serve starts with proven leaders who know the region and embrace our expertise-focused and personalized, team-based approach to client relations,” Cabrera said. “Shawn is an outstanding rookie on both fronts. We are delighted to have someone of his caliber and reputation on board to help us establish our presence and make an immediate impact in the market.”
Thompson has spent his entire career in Colorado Build the best middle market banking teams that meet the complex financial needs and growth of midsize businesses. His expertise spans many industries critical to the region’s economy, including nonprofits, food and beverage, healthcare, government contracts, auto dealerships, and commercial real estate. Most recently, Thompson led PNC Bank’s commercial banking group in Colorado after eight years as Market Chairman of BBVA Compass, which was acquired by PNC in 2021. Compass Bank first tapped Thompson to establish and lead its entry into Colorado and help build its commercial banking presence prior to its acquisition by BBVA USA.
“Denver has a vibrant business community that supports an excellent quality of life through Colorado and beyond,” said the chairman of Umpqua Bank Tory Nixon. “As a western-based bank, we are thrilled to join this community and see the opportunity here under Shawn’s leadership as a natural extension of our commitment to becoming a trusted banking partner in the major shopping centers in our region.”
Thompson currently serves as Chairman of the Board of Rocky Mountain Healthcare Services and has been actively involved in the leadership of the Pikes Peak Area YMCA Board of Directors. He holds a degree in Food System Economics and Finance from University of Michigan and graduated from the BBVA School of Management program at University of Texas.
Umpqua Bank, a regional bank in the western United States with over $30 billion of assets, now operates in seven western states, including Arizona, California, Colorado, Idaho, Nevada, Oregonand Washington.
About Umpqua Bank
Umpqua Bankwhose head office is at Roseburg, Oregon.is a subsidiary of Umpqua Holdings Corporation and has offices across Arizona, California, Colorado, Idaho, Nevada, Oregonand Washington. Umpqua Bank has been recognized for its innovative customer experience and banking strategy by national publications such as The Wall Street Journal, The New York Times, BusinessWeek, Fast Company and CNBC. The company has been recognized for eight consecutive years on FORTUNE magazine’s “100 Best Companies to Work For” list and was recently named the Portland Business Journal’s Most Admired Financial Services Company in Oregon for the 17th consecutive year. In addition to its retail banking presence, Umpqua Bank owns Financial Pacific Leasing, Inc., a nationally recognized trade finance company that provides equipment leases to small businesses.
SOURCE Umpqua Bank