Umpqua Bank Expands Middle-Market Banking Division to Colorado
MAY 18, 2022 - 7:13 am
Umpqua Bank expanded its middle-market banking division into Colorado with the addition of Shawn J. Thompson as market director. Thompson has more than 25 years of experience building teams and advising mid-size companies.
According to Richard Cabrera, head of middle-market banking at Umpqua Bank, adding Thompson is the latest personnel move supporting Umpqua Bank’s expansion in the western United States, with the bank continuing to building banking teams across the Mountain West region, led by Jonathan Dale, executive vice president and Oregon and Mountain West regional director for Umpqua Bank. The addition of Thompson gives the bank market access and capacity to support mid-size companies in Denver; Colorado Springs, CO; and Fort Collins, CO.
“Our commitment to Colorado and every market we serve starts with proven leaders who know the region and embrace our expertise-driven and personalized, team-based approach to customer relationships,” Cabrera said. “Shawn is an exceptional hire on both fronts. We’re thrilled to have someone of his caliber and reputation on board to help establish our presence and have an immediate impact in the market.”
Thompson has spent his entire career in Colorado building middle-market banking teams that support the financial needs of mid-size companies. His expertise spans multiple industries, including nonprofits, food and beverage, healthcare, government contracts, auto dealers and commercial real estate. Most recently, Thompson led PNC Bank’s commercial banking group in Colorado following eight years as market president of BBVA Compass, which was acquired by PNC in 2021. Compass Bank initially tapped Thompson to establish and lead its entrance into Colorado and help build its commercial banking presence prior to being acquired by BBVA USA.
“Denver has a vibrant business community that supports a great quality of life across Colorado and beyond,” Tory Nixon, president of Umpqua Bank, said. “As a western U.S.-based bank, we’re thrilled to join that community and see the opportunity here under Shawn’s leadership as a natural extension of our commitment to become a trusted banking partner in the great commercial centers across our region.”
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