Bank bolsters focus on wine industry with
addition of commercial and private banking leaders
LAKE
OSWEGO, Ore., Oct. 31, 2023 /PRNewswire/ -- Umpqua
Bank, a subsidiary of Columbia Banking System Inc. (Nasdaq: COLB),
announced today the addition of two wine industry banking experts
to lead the bank's North Coast Wine Specialty Group. Corey Dahline has been appointed senior vice
president, commercial relationship manager to lead and build
Umpqua's wine-focused commercial
banking team. Greg Newall will serve
as private bank market leader in support of the wealth and
day-to-day banking needs for individuals, families, and businesses
throughout the North Bay.
According to Umpqua's Head of
Community & Business Banking Bill Barclay, today's announcement
reflects Umpqua's commitment to
building a best-in-class banking team to support the complex
financial needs of wine-related enterprises, as well as provide
wholistic financial solutions for their owners and employees.
"Corey and Greg are two of Northen California's most experienced
and well-respected financial experts in their fields. Together,
they bring long-standing relationships and decades of experience
advising a wide variety of clients in the wine industry on business
and wealth creation strategies," said Barclay. "We're thrilled to
have banking experts of their caliber leading our wine team and
look forward to their contribution to the success of our clients,
as well as the expanding capabilities and growth of our business in
the region."
Based in Napa Valley, Dahline
brings more than three decades of banking and leadership experience
to his new role at Umpqua, with 29
years directly helping businesses across California's wine industry build and expand
their companies. His expertise includes commercial lending,
treasury management, and building deep, long-term client
relationships. He most recently served as senior managing director
of commercial banking at First Republic, where his team provided
business banking and private banking services to the wine industry
in Napa and Sonoma counties. Prior to First Republic,
Dahline was an integral part of the Silicon Valley Bank wine team
for 13 years.
Newhall has two decades of
private banking experience advising individuals, families, and
businesses throughout the North Bay region and the wine industry.
Before joining Umpqua, he served
as senior managing director for First Republic for 18 years. In
that role, he led and oversaw First Republic's footprint north of
the Golden Gate. Newhall graduated
from California State University, Monterey
Bay and completed the Executive Education Leadership Program
at Wharton San Francisco. He holds a FINRA series 7 &
63.
About Umpqua Bank
Umpqua Bank is a subsidiary of Columbia Banking System Inc.,
(Nasdaq: COLB) and a premier regional bank in the western U.S.,
with offices in Oregon,
Washington, California, Idaho, Nevada, Utah,
Arizona and Colorado. With over $50
billion of assets, Umpqua
combines the resources, sophistication and expertise of a national
bank with a commitment to deliver personalized service at scale.
The bank consistently ranks as one of America's Best Banks (ranked
by Forbes) and supports consumers and businesses through a full
suite of services, including retail and commercial banking; Small
Business Administration lending; institutional and corporate
banking; equipment leasing; and wealth management. The bank's
corporate headquarters are located in Lake Oswego, Oregon. Learn more at
umpquabank.com.
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SOURCE Umpqua Bank