Umpqua Private Bank Expands Into Puget Sound Region, Hires Elise Fortin to Lead New Market Team

Umpqua Private Bank Expands Into Puget Sound Region, Hires Elise Fortin to Lead New Market Team

PORTLAND, Ore.--(BUSINESS WIRE)-- Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NAS: UMPQ) , is expanding its Private Bank division into the Puget Sound region. The company has hired Elise Fortin, an industry veteran with more than 25 years of wealth management experience, as senior vice president and market leader. Fortin will be responsible for building Umpqua Private Bank's team in the region and for delivering its high-touch, personally customized offerings to clients in Seattle and beyond.


Umpqua Private Bank combines the company's trademark customer experience with Umpqua Investments' retail brokerage affiliate to build customized solutions for clients with more than $3 million in net worth and $1 million in investable assets. The division's expansion into the Puget Sound is fueled by its growth in Portland and increasing demand throughout the Pacific Northwest.

"Umpqua Private Bank has grown significantly in recent years as clients have recognized the value of our approach, which combines the sophisticated financial expertise and tools of a large institution with the genuine service and local engagement of a community bank," said Kelly Johnson, executive vice president, wealth management. "Elise brings tremendous experience developing and expanding client and partner relationships, and with her leadership in the Puget Sound, we look forward to expanding our services to clients throughout the Pacific Northwest."

Before joining Umpqua Private Bank, Fortin was senior vice president at Wells Fargo Private Bank. Her career also includes senior business and sales management positions at U.S. Trust, Northern Trust, Key Bank and First Union Bank. She is an active member of the community and has served a variety of organizations, including The French-American Chamber of Commerce, American Heart Association and Pacific Northwest Ballet.

About Umpqua Bank

Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation, 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 seven years in a row on FORTUNE magazine's list of the country's "100 Best Companies to Work For," and was recently named by The Portland Business Journal, for the eighth consecutive year, Most Admired Financial Services Company in Oregon, and the state's fifth-most admired company overall for 2012.

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.

About Umpqua Private Bank

Umpqua Private Bank is a division of Umpqua Bank serving high net worth individuals and nonprofits by providing customized financial products and wealth management services.

Umpqua Private Bank is headquartered in Portland, Ore., and serves clients throughout the bank's Oregon and Washington footprint. For more information, visit http://umpquabank.com/privatebank.



For Umpqua Bank
Tom Biro, 862-485-0711
Tom@allisonpr.com

KEYWORDS:   United States  North America  Oregon  Washington

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