Benton
Citizens Bank Announces New Board Member Tamara Scoville
Citizens Bank and Citizens Bancorp are proud to announce Tamara Scoville as a new member of their Board of Directors. “We are delighted to have Tamara join our Board of Directors,” said Bill Humphreys, Sr., Chairman of the Board. “She brings an extraordinarily high level of leadership skill and extensive business experience…
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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 MoreCitizens Bank Approves $93.2 Million in PPP Loans for over 680 Local Businesses
CORVALLIS, Ore – Citizens Bank, a community bank headquartered in Corvallis, approved more than $93.2 million in Small Business Administration (SBA) Paycheck Protection Program (PPP) loans. These loansprovided over 680 small businesses affected by the coronavirus (COVID-19) with critical financial resources to retain or restore jobs for nearly 10,000 people…
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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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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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Benton County’s Unemployment Rate at 3.2 Percent
PATRICK O’CONNOR, REGIONAL ECONOMIST Benton County’s unemployment rate was 3.2 percent in May, essentially unchanged from its revised rate of 3.3 percent in April. Oregon’s statewide unemployment rate in May was 4.2 percent, essentially unchanged from its revised April rate of 4.3 percent. Benton County’s employment gains in May were…
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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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OSU launches The Global Hemp Innovation Center
The Global Hemp Innovation Center will be based in OSU’s College of Agricultural Sciences with research taking place across the state and world. STORY BY: Heidi Happonen,541-737-9180, heidi.happonen@oregonstate.edu SOURCE: Alan Sams, 541-737- 2331, alan.sams@oregonstate.edu; Jay Noller, 541-737- 2821, jay.noller@oregonstate.edu Oregon State University launches largest, most comprehensive hemp research center in…
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Support your county fair. It’s good business.
Be sure to visit county fairs this summer. Did you know that the county fair is a key economic driver is Oregon? Below is a list of all county fairs in Oregon from oregonfairs.org
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