Umpqua Bank Names Neil Hodge Commercial Real Estate Executive
Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ), announced today that Neil Hodge has been promoted to Executive Vice President, Commercial Real Estate (CRE) Executive. As CRE Executive, Hodge assumes responsibility for leading Umpqua’s Commercial Real Estate, Multi-Family, and Homebuilder Finance Divisions.
“Neil is one of the most experienced and skilled commercial real estate executives around and has been instrumental in helping Umpqua build one of the finest commercial real estate teams on the West Coast,” said Tory Nixon, senior executive vice president and chief banking officer at Umpqua. “Over the years, he’s been a tremendous leader at Umpqua and is a trusted advisor to our customers. We look forward to his ongoing contribution to our company’s balanced growth and continued success.”
Hodge brings nearly 30 years of CRE experience to his new role, including the last eight years managing Umpqua’s Commercial Real Estate Division based in Seattle. He initially joined Umpqua in 2012 to establish the division and has helped build the bank’s reputation as a premier CRE lender in the Pacific Northwest known for its relationship-based business model. In addition to growing Umpqua’s investor/developer real estate business nearly 25% annually since 2015, Hodge also initiated the creation of Umpqua’s affordable housing group. More recently, Hodge led the expansion of Umpqua’s Commercial Real Estate Division into Southern California. Prior to joining Umpqua, Hodge spent more than 20 years at US Bank, holding multiple leadership roles in that bank’s commercial real estate office.
Hodge earned a Bachelor of Science in Accounting and Finance from Oklahoma Christian University and is a graduate of Pacific Coast Banking School.
About Umpqua Bank
Umpqua Bank, headquartered in Roseburg, Oregon, is a subsidiary of Umpqua Holdings Corporation, and has locations across Idaho, Washington, Oregon, California and 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 eight 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 the Most Admired Financial Services Company in Oregon for the fourteenth consecutive year. In addition to its retail banking presence, Umpqua Bank owns Financial Pacific Leasing, Inc., a nationally recognized commercial finance company that provides equipment leases to small businesses.
Umpqua Holdings also owns a retail brokerage subsidiary, Umpqua Investments, Inc., which offers services through Umpqua Bank stores and in dedicated offices throughout Idaho, Washington, Oregon, California and Nevada. 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 https://www.umpquabank.com/newsroom.