Banking & Finance

The Small Business Owner’s Guide to the CARES Act

March 29, 2020

See also from the U.S. Senate Committee on Small Business & Entrepreneurship The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now. When implemented, there will be…

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“The banking industry as a whole has entered this period of uncertainty in a position of great strength.”

March 25, 2020

By Ken Trautman, President, and CEO, People’s Bank of Commerce. We are all trying to learn how to adapt to the COVID-19 virus. Most of us are overwhelmed with negative news and are being provided few solutions. Events have unfolded quickly across the nation, but rest assured, this event is…

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Experienced Trust Officer Adrian Snyder Joins D.A. Davidson Trust Company in Medford

March 25, 2020

GREAT FALLS, Mont. – March 25, 2020 – D.A. Davidson Trust Company has hired Adrian Snyder, a highly experienced professional, as Vice President, Trust Officer. He will work from the company’s Medford office, serving as a resource for clients across the Pacific Northwest and northern California. Snyder is responsible for assisting clients with…

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Banks are Open for Business

March 21, 2020

By Jim Teece I just got a message from Ken Trautman, president of People’s Bank. Full disclosure – I proudly serve on the board of People’s Bank. He wanted me to help him get the word out. “People’s Bank is going to help. No need to hold a lot of cash, your…

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The Rogue Credit Union (RCU) branch at Umpqua Community College (UCC) recognized with Business Innovation award.

February 27, 2020

By Toni Clough Chair, Associate Professor, Business ROSEBURG, Oregon – Rogue Credit Union (Rogue) has been recognized with the Business Innovation award by the Roseburg Chamber of Commerce due to its partnership with the new campus branch at Umpqua Community College (UCC). In October 2019, the credit union opened its…

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In the Midst of Growth: Choose Kindness

February 27, 2020

By Oregon Pacific Bank opbc.com As president and CEO of Oregon Pacific Bank, Ron Green has guided the bank in ways that have fostered remarkable growth during his six years at the helm. But those who know him will tell you that his leadership has less to do with smart…

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People’s Bank of Commerce Reports Earnings

January 27, 2020

Medford, Oregon – People’s Bank of Commerce (OTCBB: PBCO) announced today its financial results for the fourth quarter and full year 2019 operations.  The bank reported net income of $4,068,000 for the full year of 2019 compared to $3,398,000 in 2018, a 20% increase. In 2019 earnings per diluted share…

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People’s Bank Reports Earnings

October 22, 2019

Medford, Oregon – People’s Bank of Commerce (OTCBB: PBCO) announced today its financial results for the third quarter and year-to-date 2019. The bank reported net income of $947,000 or $0.30 per basic and diluted share for the third quarter of 2019, compared to net income of $948,000 or $0.31 per…

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Springfield Chamber Business News

August 2, 2019

Chambers of Commerce are well known for bringing professionals together. The chamber convenes businesses, connections happen, and partnerships are made. Partnerships are crucial in starting, and supporting, small business in our community, and often, those partnerships happen behind the scenes. In Springfield, our small business community is connected in a…

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People’s Bank Year-to-Date Earnings Increase 13%

July 25, 2019

July 24, 2019 07:45 PM Eastern Daylight Time MEDFORD, Ore.–People’s Bank of Commerce (OTCBB: PBCO) announced today its financial results for the second quarter and year-to-date 2019. The bank reported net income of $933,000 or $0.30 per basic and diluted share for the second quarter of 2019, compared to net…

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Data Beginning to Clear the Way for a Rate Cut

July 1, 2019

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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Are Middle Market Companies Preparing for an Economic Slowdown?

June 1, 2019

The Great Recession ended in 2009 and, despite the growth that has prevailed in the decade since, many middle market business owners have been watching economic trends closely and taking steps to prepare for the time when growth stalls. While overall sentiment for the U.S. economy remains very positive, a…

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