Umpqua Bank Named 2023 Lender of the Year at Export-Import Bank of the United States Annual Conference
WASHINGTON, DC – The Export-Import Bank of the United States (EXIM) today announced that Umpqua Bank received their Lender of the Year award in recognition of their work to provide EXIM-backed financing to and on behalf of U.S. exporters. The award was announced at EXIM’s Annual Conference in Washington, D.C.
Headquartered in Lake Oswego, Oregon, Umpqua Bank was founded in 1953 as a community bank and has since evolved into the largest bank headquartered in the Northwest and leading western U.S. financial institution. With more than $50 billion in assets and 300 locations across the country, Umpqua Bank is an EXIM Delegated Authority Lender.
“We have partnered with EXIM since 2012, and as a delegated authority lender, we offer additional access to liquidity with creative proven solutions that enable our customers to borrow against their export-related assets and access cash flow to grow their sales worldwide,” said Gerry Arteaga, Senior Vice President, International Trade Finance Relationship Manager at Umpqua Bank. “Receiving this award honors our International Banking team that focuses on providing the best service possible to help grow and secure our clients’ international sales.”
“Institutions such as Umpqua Bank allow EXIM to continue fulfilling our mission of advancing American exports,” said EXIM President and Chair Reta Jo Lewis. “With a portfolio that is entirely dedicated to supporting U.S. small business, Umpqua allows EXIM to identify the markets where we can extend our financing support and continue to grow export sales and increase America’s export competitiveness.”
ABOUT EXIM BANK:
EXIM Bank an independent federal agency that provides competitive and necessary export credit to overseas purchasers of U.S. exports to promote and support American jobs. A robust and fully functioning EXIM Bank can assist the United States in leveling the global playing field for U.S. exporters when they compete against foreign companies that receive the support of their national export credit agencies. EXIM also contributes to U.S. economic growth and the support of more than a million jobs through the support of thousands of small and medium-sized enterprises (SMEs) around the country. Since 2000, EXIM Bank has provided $14.6 billion to the U.S. Treasury after paying for all of its administrative and program expenses.
For more information about EXIM, please visit www.exim.gov.