Umpqua Bank, the Lake Oswego, Oregon-headquartered subsidiary of Columbia Banking System Inc. (NASDAQ: COLB), announced the appointment of Nicole Bascomb-Green as head of community lending.
In her new job, Bascomb-Green will be responsible for the management of the community lending team, harnessing Umpqua’s full resources and expertise—including the Umpqua Bank Charitable Foundation, and the bank’s Community Reinvestment Act experts, product and retail banking leaders—to deliver products and programs that address housing affordability and access issues focused on low-to-moderate income BIPOC communities. The bank, which has $50 billion in assets, serves communities across Oregon, Washington, California, Idaho, Nevada, Utah, Arizona and Colorado.
Bascomb-Green brings more than 30 years of banking, real estate, and nonprofit experience to the role. Prior to joining Umpqua Bank, she served as community affairs manager for Washington State and Idaho at U.S. Bank. She is currently president for Western Washington Realtist, the local board of the National Association of Real Estate Brokers (NAREB), and is assistant vice president for NAREB’s Region XV. She was recently named state chairwoman for Washington State’s Housing Finance Commission.
“This appointment underscores our commitment to address the affordable housing challenges our communities continue to face,” said Chris Merrywell, president of consumer banking. “Nicole’s experience as a banker, underwriter, loan officer, and real estate broker, as well as her passion to make real progress in bringing housing opportunities to these underserved communities are critical to serving customers pursuing affordable homeownership and a path to building generational wealth.”