Posts
Douglas 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…
Read More
People’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…
Read More
Meet 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…
Read More
People’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,…
Read More
Choosing 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…
Read More
People’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.…
Read More
People’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…
Read MoreWho Can’t Work From Home During a Global Pandemic?
by Brandon SchraderWorkforce AnalystOREGON EMPLOYMENT DEPARTMENT COVID-19 rapidly spread across the United States and forced a patchwork of shutdowns that reduced business activity in order to save lives. Oregon is no exception as the “Stay Home, Save Lives” executive order was put into effect on March 23rd which enforced social distancing rules.…
Read MoreWhat COVID-19 means for energy efficiency in Oregon
The impacts of COVID-19 on Oregon’s energy-efficiency industry could be felt long after the pandemic is under control. That’s according to Energy Trust Executive Director Michael Colgrove, who was the featured speaker in a webinar this week hosted by the Association of Energy Services Professionals. Colgrove described how the state’s stay-at-home…
Read MoreStatewide Mask, Face Shield, Face Covering Guidance as of July 24, 2020
by OFFICE OF THE DIRECTOROregon Health Authority Applicability: This guidance applies statewide to: All businesses, as defined below, and to the general public when visiting these businesses. The general public when visiting indoor spaces open to the public. The general public when outdoors, when at least six (6) feet of distance…
Read MoreMinimum Wage Rises on July 1, Reaching $11.50 per Hour at the South Coast
by Guy TauerRegional EconomistCoos, Curry, Jackson, and Josephine counties We do have estimates of minimum wage jobs by industry and county for Oregon. A few notes of caution. These are estimates, not exact counts. The methodology might overstate the number of jobs in the lower-wage ranges in metro-area counties, or understate…
Read MoreMinimum Wage Rises on July 1, Reaching $12.00 per Hour in the Rogue Valley
by Guy TauerRegional EconomistCoos, Curry, Jackson, and Josephine counties In the third quarter of 2019, the Oregon Employment Department estimates there were about 9,144 payroll jobs that paid minimum wage in the Rogue Valley, at the time $11.25 per hour. As of July 1, 2020, that minimum hourly rate in the…
Read More