Klamath
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…
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Willamette Community Bank to Merge With People’s Bank of Commerce
People’s Bank of Commerce (OTCPK: PBCO) (“PBCO” or the “Company”), and Willamette Community Bank (OTCPK: WMCB), headquartered in Albany, Oregon, announced the signing of a definitive agreement whereby Willamette Community Bank will merge with and into People’s Bank of Commerce. Highlights of the Announced Transaction Pro forma assets of approximately…
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New Telecommunications Firm Expanding in Klamath Falls
Klamath Falls, OR (November 5th, 2020) – Today, the Klamath County Economic Development Association (KCEDA) publicly announced that the KRTelecom Group has started new operations in Klamath Falls and is expected to expand substantially in the next few months. Working with partners such as Verizon, Spectrum, and AT&T, KRTelecom offers…
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New Manufacturing Plant to Open in Klamath Falls
An international company announced Wednesday that it will build a multi-million dollar manufacturing plant in Klamath Falls that will employ about 50 people. Wilsonart Engineered Services, based in Temple, Tex., manufactures and distributes materials used in furniture, office spaces, countertops and more. It will construct a 95,000-square-foot building located on…
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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…
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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…
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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,…
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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…
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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…
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Dr. Dan Peterson Appointed Oregon Tech’s Dean of the College of Health, Arts and Sciences
June 18, 2020, KLAMATH FALLS, Ore. – Oregon Institute of Technology (Oregon Tech) announced today that Dan Peterson, Ph.D., has been appointed as dean of the College of Health, Arts and Sciences (HAS), effective July 1, 2020. Dr. Peterson has been serving as interim dean over the last year and has been a…
Read MoreKCC Small Business Development Center ramps up services to help local businesses navigate assistance programs
The Klamath Community College Small Business Development Center (SBDC) has ramped up its services for Klamath and Lake counties and is actively working with lenders, the U.S. Small Business Administration, Business Oregon, and numerous local leaders to help business owners and entrepreneurs understand the latest developments with the rapidly changing…
Read MoreLocal high school students seize opportunity, enroll in courses at Klamath Community College and Oregon Tech
Isaac Pena says as a young boy one of his favorite playtime activities was to walk around the house and handcu his parents, then shu e them into a room he playfully called “jail.” Pena, now a 16-year-old sophomore at Mazama High School, said he plans to pursue a career…
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