Linn
People’s Bank Hires Local Team For Eugene Market
People’s Bank of Commerce is pleased to announce the hiring of a Eugene team of bankers and will be opening a location in the Eugene area soon. The team includes Mark Rodewald – Market President, Torsten Thomas – Commercial Loan Officer Team Lead, Jenny Freeman –Business Development Officer and Ryan…
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People’s Bank Reports 2021 Earnings
People’s Bank of Commerce (OTC PINK: PBCO) announced today (1/19/2022) its financial results for the 4th quarter and year-ended 2021. Highlights Fourth quarter net income of $3.0 million, or $0.59 per diluted share Year-to-date net income of $11.5 million, or $2.44 per diluted share Quarterly non-PPP loan growth rate of…
Read MoreIncreased Merger Consideration for Willamette Community Bank
Highlights of the Announcement Cash consideration will be increased to $1.70 per share Total merger consideration of $11.18 per share for shareholders of Willamette Community Bank January 22, 2021, 7:20 PM Eastern Standard Time MEDFORD, Ore. & ALBANY, Ore.–(BUSINESS WIRE)–People’s Bank of Commerce (OTCBB: PBCO) (“PBCO” or the “Company”), and…
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Long-Term Projections Show Broad-Based Job Opportunities in Linn and Benton Counties
Linn and Benton counties will combine to add 6,670 jobs between 2019 and 2029, according to new projections from the Oregon Employment Department. This represents a 7 percent increase in employment over 10 years. The anticipated growth stems from private-sector gains of 5,650 jobs (8%) and growth of 790 jobs…
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People’s Bank of Commerce (Medford) and Willamette Community Bank (Albany) have announced a merger.
Note : I proudly serve on the board of People’s Bank and offered to include the shareholder mailing about the merger in this months journal. This is not a solicitation or recommendation to any shareholders. It’s just a story and insert (by a sponsor of the Southern Oregon Business Journal…
Read MoreWillamette Community Bank Announces Q1 Earnings
April 22, 2020 For immediate release: April 22, 2020 Contact: Joan Reukauf, President and Chief Executive Officer(541) 926-9000 or jreukauf@willamettecommunitybank.com Willamette Community Bank Reports First Quarter Earnings Albany, OR – April 22, 2020- Willamette Community Bank (the “Bank”) (OTCQB: WMCB) based in Albany, Oregon, releases its financial results for the first quarter of…
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Smoke Season
For 6 weeks last year, smoke filled most of southern Oregon’s air and for many days we had the worst air quality in the nation. We were told to stay indoors and we downloaded AQI (Air Quality Index) apps that sent us daily alerts and we watched wind shifts…
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Eugene’s High Tech Sector is Booming
MATT SAYRE If you haven’t been inside a commercial building in downtown Eugene, Oregon, in recent years, you may have missed a significant shift in the composition of the tenants. Dozens of new tech and techenabled companies have moved in to tap into world-class internet services, access skilled talent, and…
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Oregon’s Minimum Wage Increases on July 1, 2019
NICK BELEICIKS Oregon’s minimum wage increases on July 1, 2019, but the raises won’t be the same across the state. The minimum wage increases to $12.50 per hour inside the Portland urban growth boundary, $11.00 per hour in nonurban counties, and $11.25 in other areas of the state. Oregon’s three…
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Retention and Engagement in the Modern Workplace: 4 Flexible Work Arrangements to Consider
In the age of rapidly advancing technology and constantly evolving work-life balance priorities, workers expect more flexibility than ever before. And, given the current talent crunch many businesses are facing, companies that do not embrace at least some flexibility may end up a casualty of the talent war. In a…
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Data Beginning to Clear the Way for a Rate Cut
Central Takeaway If You Don’t Have Any Time This Morning: The Fed hastily delivered a soothing message last week by promising to act appropriately to maintain the expansion. It was hard not to read that as dovish. That combined with the employment data puts a rate cut in play this…
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