News Topic: Umpqua Bank

The Oregon bank has launched a new division targeting businesses with up to $15 million in annual sales and tapped the banker who led its Paycheck Protection Program lending, Ashley Hayslip, to run it. ... Read full article

The Oregon company unveiled a sweeping cost-cutting plan that includes more remote work opportunities and up to 50 branch closures. ... Read full article

The Liberty Lake, Wash.-based credit union has agreed to buy four branches from the Roseburg, Ore.-based bank. ... Read full article

The Oregon company tapped Tory Nixon to serve as president of its bank. ... Read full article

Many banks are offering low-interest loans to help consumers and small businesses withstand the economic shocks of the pandemic. Some are also doing away with ATM, overdraft and late fees because, as one CEO put it, that revenue “is not the most important ... Read full article

The core-banking provider Temenos, based in Geneva, was drawn to Kony's strong U.S. presence, its software for banks and a special app it owns. ... Read full article

Whether it’s applying for a loan through a mobile app or building an investment portfolio via robo adviser, users want to know they can quickly and easily speak to a human being if they run into problems, top executives said at American Banker’s Digital ... Read full article

Customers are starting to reveal more to private bankers when they use GoTo, the bank's strategy chief Rilla Delorier says. ... Read full article

As banks push customers to digital channels, they are losing opportunities to help and connect with consumers, according to Rilla Delorier, an executive vice president at the Oregon bank. ... Read full article

Among the most innovative CEOs of his generation, the former Umpqua chief and Pivotus founder is taking some of his best ideas to a new fintech as an adviser. ... Read full article

The bank will still use GoTo, an app consumers can use to communicate with a personal banker, but no longer own the Pivotus subsidiary that created it. ... Read full article

The Portland, Ore, company also benefited from lower expenses and an improved efficiency ratio. ... Read full article

Käthe Anchel is expected to help push Umpqua’s recent focus on what it calls the “human-digital” banking experience. ... Read full article

The app allows customers to pick and choose the right private banker for them. ... Read full article

It will be the third collaboration together for the new CEO and CTO at Pivotus Ventures. ... Read full article

From the opportunities — and threats — in artificial intelligence to envisioning a world in which "Wi-Fi is like air," here is what everyone was buzzing about at American Banker's Digital Banking conference. ... Read full article

Chief among the tips shared at Digital Banking 2018 were: be willing to experiment, seek out partners, rethink cost-cutting and small banks should stop making excuses. ... Read full article

Umpqua Bank has hired veteran lender Tom Farrell to help it grow its homebuilder finance group in California. ... Read full article