Sunday, October 24, 2010

Umpqua adds to banking wine team - San Francisco Business Times:

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Umpqua, a Roseburg, Ore.-based unit of Portland'sa , said Mark a new senior vice president andofficde manager, and four othe new officers will make up the new unit, basefd in Napa. A six-person commerciak lending office atSan Francisco's 2 Embarcader o Center is expected to open next Two other Umpqua wine specialists, Executivw Vice President Steven Kettnee and Vice President Jason are based in its St. Helena and will work with the new groupo to buildthe bank's wine-related business.
who previously had long stints at and focusing largel y on thewine niche, along with several years as general manageer at Sonoma's winery, said Umpqua's goal is to bring Umpqua's community banking and wine industry businesse "to a new level." "Mark and his team ... demonstratde our ongoing commitment to Napa andSolanop counties," Ray Davis, the bank's president and CEO, said in a Lani Hayward, a bank spokeswoman, said the San Franciscoo outpost will be Umpqua's first in the innedr Bay Area, but the bank has 11 branchesw (it calls them in Napa and Solano, a branchy in Antioch, and a number of locationsd in the Sacramento area, Centralk Valley, Sierra foothills and othe parts of Northern Umpqua acquired the Vintage Bank in Napa and Solano with branches in Vallejo, Benicia, Vacaviller and Fairfield, when it bought North Bay Bancorlp in late April 2007.
It'w battling a number of rivals for wineindustry business, including , which has outpostse in Napa and Sonoma, and . Brodgy will report to Robin Hampton, Umpqua's executive vice president of commercialp banking, and oversee senior vice presidents and relationship managerszDebbie Watson, Katherine Westfallp and John Brennan; and Vice President and Relationship Manager Del Mastrangelo. Umpqua now has 147 locations betweeb Napaand Bellevue, Wash., alon g the Northern California and Oregon coasts and in both central California and central Oregon.
"We see a lot of opportunity in (the wine notwithstanding recent consolidation," Brody As for further Bay Area "it's always a function of bricks and mortar, and

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