Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ), continues to expand its home lending division with the opening of a new home loan center in Bellevue, Wash. The new office is located in downtown Bellevue at 11100 NE Eighth Street, Suite 820, and is open Monday through Friday, 8 a.m. to 5 p.m. or by appointment.

The Bellevue Home Loan Center will provide personal home lending assistance and expertise to customers on the east side of Lake Washington in Bellevue, Redmond, Issaquah and Renton, Wash.

Sales Manager Andy Parent will oversee the day-to-day operations of this new facility. Parent and his team will manage Umpqua Bank’s residential home lending and residential loan construction portfolios, helping customers identify the mortgage option that best fits their lifestyle. The office plans to expand its workforce by as many as five loan officers by the end of the year.

“Owning a home is a goal for millions of Americans, and I’m pleased to further expand Umpqua Bank’s Puget Sound presence with the opening of our new home lending center in Bellevue,” said Gary Duffy, Umpqua Home Lending senior vice president. “As a community bank, Umpqua is committed to the economic strength of our communities, and strives to play a significant role in helping current and potential Seattle area homeowners through lending and other resources, and this new location will increase our ability to do so.”

For more information about Umpqua Bank’s home lending services, please visit www.umpquabank.com.

About Umpqua Bank’s Home Lending Division

Umpqua Bank Home Lending is a full service lender offering a wide variety of home loan options for purchase and refinance including first time homebuyer, investment, custom construction and remodel, high balance and government financing programs. Umpqua Bank has 18 residential home lending offices across California, Oregon, Washington and Nevada and mortgage specialists in each of its nearly 200 stores.

 

About Umpqua Bank

Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ) with locations between San Francisco and Seattle, along the Oregon and Northern California Coast, and in Central Oregon and Northern Nevada. Umpqua Bank has been recognized for its innovative customer experience and banking strategy by national publications including The Wall Street Journal, The New York Times, BusinessWeek, Fast Company and CNBC. The company has been recognized for the past six years in a row on FORTUNE magazine’s list of the country’s “100 Best Companies to Work For.” Umpqua Holdings also owns a retail brokerage subsidiary, Umpqua Investments, Inc., which offers services through Umpqua Bank stores and in dedicated offices throughout Oregon. Umpqua’s Wealth Management Division serves high net worth individuals and nonprofits by providing customized financial solutions and offerings. Umpqua Holdings Corporation is headquartered in Portland, Ore. For more information, visit http://www.umpquabank.com.

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