LAKE OSWEGO, Ore., May 14 /PRNewswire-FirstCall/ -- West Coast Bank
was recently named 2009 Regional Lender of the Year in loan volume
by the federal Small Business Administration (SBA) when they
announced awards for the top financial services institutions in the
Portland district.
Commercial Banking Executive Vice President Xandra McKeown said, "West Coast Bank has long
been an active SBA lender in the markets we serve. Particularly
given the financial impact of the 'Great Recession' on businesses
of every size, these lending products are increasingly important.
It is a pleasure to see our commitment, efforts, and success
recognized in this fashion."
West Coast Bank Government Guaranteed Lending Manager
Jerry Burns said, "This
accomplishment is a direct result of the expertise and dedicated
efforts of our SBA team, coupled with the Bank's support of SBA
programs. There are many small businesses in the markets we serve
that have benefited from the assistance West Coast Bank has given
them to start, grow and strengthen their business."
The U.S. Small Business Administration (SBA) was created in 1953
as an independent agency of the federal government to aid, counsel,
assist and protect the interests of small business concerns, to
preserve free competitive enterprise and to maintain and strengthen
the overall economy of our nation. Although SBA has grown and
evolved, the bottom line mission remains the same. The SBA helps
Americans start, build and grow businesses. For more information,
see www.sba.gov.
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