LAKE OSWEGO, Ore., March 18 /PRNewswire-FirstCall/ -- West Coast
Bank has been selected by the City of
Lake Oswego as one of its depositors in its Community
Investment Deposit Program. Criteria for the program included bank
location, risk, rates and level of community support.
Robert D. Sznewajs, President
& CEO of West Coast Bank, said, "We're proud to be recognized
for our commitment to the communities we serve and appreciate
adding the City of Lake Oswego's
funds to those available for community reinvestment."
Charlie Forsyth, Vice
President-Lake Oswego Branch Manager and long-time community leader
in the marketplace, said, "West Coast Bank has had a continuous and
active presence in the Lake Oswego
community for the past 18 years. It has given me great pride to
serve the Bank and the community for much of that time."
Economic Development Manager Jane
Blackstone said, "The City of Lake
Oswego appreciates the tremendous support West Coast Bank
provides to Lake Oswego businesses
and residents. We look forward to continuing to work in partnership
to grow local businesses, and support of the events and non-profit
organizations that are so essential to a healthy economy and strong
community."
West Coast Bancorp, (Nasdaq: WCBO), is a Northwest bank holding
company with $2.7 billion in assets,
operating 65 locations 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's web site at www.wcb.com.
SOURCE West Coast Bancorp