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A new website for official wildfire recovery information is now available at RogueValleyRebuilds.org. Aimed at those affected by the Almeda and Obenchain fires, it brings together information from multiple organizations involved in the rebuilding effort. “Recovering from these fires is a regional challenge. The County and affected Cities can’t do it individually, and the State and…
Read MoreMEDFORD, OR – People’s Bank of Commerce and its board of directors have unanimously approved a donation of more than $1.2 million towards fire relief efforts in Southern Oregon. Over $200 thousand of the contribution will come from a generous gift from the bank’s 100 employees, who are donating bonuses they have earned to help their…
Read MoreBy Chris Cook, Capiche Now’s the time to plan for the new normal as we inch back into business. Expectations are different. And your modus operandi had better be different if you want to attract, recapture and retain customers. Even if you have a strategic plan in place, there’s no doubt it will need a massive re-imagination…
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By Julianne RoweSenior Manager, Corporate and Product Communications | Yelp, Inc. Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, released second quarter data for the Yelp Economic Average (YEA) report, a benchmark of local economic strength in the U.S., which has been adapted to reveal the dramatic impact COVID-19 has had on local economies.…
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Food Delivery is one segment of the economy that took off as we shut down because of COVID-19. I was visiting a friend on their ranch for dinner and I thought they were going to have BBQ. I was pleasantly surprised when they ordered DoorDash and they delivered from a local Pizza Place. I got…
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Umpqua Bank | DHM Research Business Resiliency Survey – August 2020 Umpqua Bank released its “Business Resiliency” survey, a nationwide study gauging the impact of the COVID-19 pandemic on the confidence and future of U.S.-based small and mid-size businesses. More than 1,200 leaders at companies across all industries and geographic regions were surveyed on how…
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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…
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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…
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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…
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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…
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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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