WCBO West Coast Bancorp (MM)

Martin Luther King Boulevard and Main Street Branch Will Feature Inside Parking LAKE OSWEGO, Ore., Aug. 24 /PRNewswire-FirstCall/ -- West Coast Bank (NASDAQ:WCBO) is scheduled to open a new branch on Portland's east side in February 2007. The 2,400 square foot full-service branch on Martin Luther King (MLK) Boulevard and Main Street will house a commercial banking team, Internet kiosk, gift card mall, investment, real estate and merchant banking teams, and continuous stream LED ticker tape signage with stock quotes and news headlines 24-hours a day. Robert D. Sznewajs, President and CEO, said, "This branch continues the company's strategy to build the Portland-Vancouver market, where West Coast Bank has the largest deposit market share of any community bank. The MLK and Main location on the growing east side will offer expanded convenience for our customers and provide easy access for new clients who seek the sophisticated services of a larger bank with the attention and approach of a community bank." "We are very pleased to offer 24 convenient banking locations in the Portland-Vancouver area, more than any other community bank, following the opening of our inner eastside branch at MLK and Main," said Regional President Dave Hansen. "This unique branch will provide 12 inside parking spaces for West Coast Bank customers...a real boon for a main thoroughfare with limited street parking." West Coast Bancorp, one of Oregon Business Magazine's 100 Best Companies to Work For, is a Northwest bank holding company with $2.3 billion in assets, operating 56 offices in Oregon and Washington. The company combines the sophisticated products and expertise of larger banks with the local decision making, market knowledge and customer service of a community bank. For more information, visit the Company web site at http://www.wcb.com/ . DATASOURCE: West Coast Bancorp CONTACT: Robert D. Sznewajs, President & CEO, +1-503-598-3243, or Dave Hansen, Regional President, +1-503-603-8040, both of West Coast Bancorp Web site: http://www.wcb.com/

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