Archive for August 2020
Youth Movement
By Joe Cortright The movement of talented young adults to dense urban neighborhoods isn’t waning, it is widespread and accelerating, and it is powering urban revival. Cities continue to be magnets for talented young adults The number of well-educated young adults living in close-in urban neighborhoods is increasing in every large US metropolitan area, and…
Read MoreOregon Pacific Wealth Management Names New Manager to Oversee Firm
Drew Corradetti has been promoted to Company Manager for Oregon Pacific Wealth Management, LLC, a registered investment adviser and a wholly-owned subsidiary of Oregon Pacific Banking Co. Serving the communities of Medford, Roseburg, Coos Bay, Florence and Eugene, Oregon Pacific Wealth Management, LLC, provides asset management solutions, including financial advisement and planning, investment management, and…
Read MoreCon-Vey Appoints New Project Manager
ROSEBURG, OR, USA – Con-Vey is excited to announce their new Project Manager: Parker Massie. Although not a new role for the company, this is a new position for Massie who was previously a Mechanical Engineer at Con-Vey since August 2019. With his work background as well as a Bachelors from Oregon Institute of Technology…
Read MoreStories in future editions of the Southern Oregon Business Journal.
I’m always working on stories. Sometimes they complete quickly, and I can include them right away. Other times the stories take time to develop. Over the next couple of months I will have stories on the following: Greg Walden Retires In October of 2019, Greg announced that he would not run for reelection in 2020. Ashland Independent…
Read MoreHunter Communications Named Oregon’s Fastest Business Internet
MEDFORD, OR, August 26, 2020 — Hunter Communications (Hunter), the premier fiber-optic communications services provider in southern Oregon and northern California, was recognized by BroadbandNow with four 2020 Internet Service Provider Awards, including for fastest business internet speeds in Oregon and among the top 10 nationwide. BroadbandNow, an organization that tracks and analyzes broadband speeds and overall customer satisfaction, annually recognizes…
Read MoreDouglas Services Inc. (D/b/a Douglas Fast Net), to Acquire Comspan Communications, Inc.
Combined Fiber-Optic Network in Douglas & Coos Counties will Remain under Local Ownership ROSEBURG, Ore., July 20, 2020 (Newswire.com) – On July 1, 2020, Comspan Communications, Inc. (“Comspan”) notified the Oregon Public Utilities Commission of its intent to merge its operations into Douglas Fast Net (“DFN”). The transaction is expected to be completed on Sept. 30, 2020.…
Read MorePeople’s Bank Prepares For Transition In Executive Leadership
After more than 20 years, People’s Bank executive management undergoes a transition in leadership due to the recent retirement of the former Chief Financial Officer Russ Milburn and to prepare for the future retirement of its current Chief Executive Officer Ken Trautman, Chief Operating Officer Jeri Reno and Chief Credit Officer John Boyd. All are…
Read MoreMeet Julia Beattie – The New President of People’s Bank
Education / Community / Career Timeline 1984 Baylor University – Bachelor of Business Administration with a concentration in Economics and Finance 1986 The University of Texas – Finance MBA 1991 Union National Bank of Texas 1992 Moved to Southern Oregon 1993 Western Bank – Commercial Lending Officer & Branch Manager 1997 Joined the Central Point…
Read MorePeople’s Bank Promotes Lindsey Trautman To Chief Financial Officer
People’s Bank of Commerce is proud to announce the promotion of Lindsey Trautman as its chief financial officer at its corporate branch located at 1528 Biddle Road in Medford. A Rogue Valley native, Trautman took over the position on May 2, 2020, following the retirement of the bank’s former CFO, Russ Milburn, who served since…
Read MoreChoosing your Replacement
I reached out to Ken Trautman, Co-Founder, CEO and Original President to ask him a couple of questions about the process, what challenges he thinks she will face and what he will be able to focus on now. JET What brought you to this decision? It was important to me that we selected an individual…
Read MorePeople’s Bank Founding Board Member, Bill Jacobs, Retires From the Board after 22 years of Service.
By Jim Teece I remember Bill’s last day on the board. We just finished our annual shareholder meeting via zoom, because of the pandemic. We went into a board session after the annual meeting and we each took turns saying something nice about Bill and thanking him for his service. It was very surreal. I’m…
Read MorePeople’s Bank year-to-date Earnings per Share Increase 24%
People’s Bank of Commerce (OTCBB: PBCO) announced on 7/22/2020 its financial results for the second quarter and year-to-date 2020. The bank reported net income of $1,385,000 or $0.39 per basic and diluted share for the second quarter of 2020, compared to net income of $933,000 or $0.30 per share in the same quarter of 2019. …
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