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Small Business Banking Updates

Steve Rice

EVP & Oregon Region Manager

Umpqua Bank

As Executive Vice President and Director of SBA Lending for Umpqua Bank, Steve Rice has more than 30 years of banking experience and a deep knowledge of local and national markets. After working at large and small banks throughout the Pacific Northwest and California, Rice has spent the past year as a leader in Umpqua’s, focused on strategic initiatives, integrating Umpqua and Sterling commercial banking and leading the nation’s 13th largest SBA operation.


He recognizes that Umpqua offers associates and clients a unique banking service, one that combines the sophisticated expertise and product mix of a large institution with the values and culture of a community bank. Key to this is Umpqua’s culture, which is focused on giving back to the local community, creating an environment of empowerment and emphasizing local decision-making.  Whether it’s donating time to a local non profit or conducting a morning Motivational Moment, Rice recognizes that exceeding customer expectations is a natural by-product of that culture.


With a broad experience leading geographically diverse teams, financial expertise and insights into customer needs, Rice has generated significant growth in the bank’s small business arena. In 2013 alone, his teams provided more than $165 million in loans for businesses throughout the United States. Rice received an MBA from the University of Portland and an advanced banking degree from Pacific Coast Banking School.