WCBO West Coast Bancorp (MM)

West Coast Bank Donates $8,275 to Habitat for Humanity LAKE OSWEGO, Ore., Dec. 19 /PRNewswire-FirstCall/ -- During a recent quarterly promotion, West Coast Bank was pleased to donate a fixed sum to local Habitat for Humanity chapters for every Home Equity loan product originated. The $8,275 total will benefit low-income housing projects in the company's South Puget Sound, Willamette Valley/Coast, and Portland/Vancouver regions. The donation will be segmented geographically and be given to the closest Habitat chapter where each new Home Equity borrower resides. (Logo: http://www.newscom.com/cgi-bin/prnh/20010816/SFTH016ALOGO ) President & CEO Robert D. Sznewajs said, "Contributing to worthwhile organizations like Habitat for Humanity is our way of directly impacting the communities we serve." Habitat for Humanity International is a nonprofit, community oriented organization that builds and rehabilitates simple, decent houses through volunteer labor and donations of money and materials, along with the help of the homeowner (partner) families. Habitat houses are sold to partner families at no profit, and financed with affordable, no-interest loans. The homeowners' monthly mortgage payments are used to build still more Habitat houses. West Coast Bancorp is a Northwest bank holding company with $1.7 billion in assets, operating 47 offices in Oregon and Washington. The Company serves clients who seek the resources, sophisticated products and expertise of larger financial institutions, along with the local decision-making, market knowledge, and customer service orientation of a community bank. West Coast Bancorp, the parent company of West Coast Bank and West Coast Trust, is a publicly held bank holding company headquartered in Oregon. The Company offers a broad range of banking, investment, fiduciary and trust services. For more information, please visit the Company web site at http://www.wcb.com/. http://www.newscom.com/cgi-bin/prnh/20010816/SFTH016ALOGO http://photoarchive.ap.org/ DATASOURCE: West Coast Bancorp CONTACT: Gregory Schumacher, Senior Vice President of West Coast Bank, +1-503-454-3366 Web site: http://www.wcb.com/

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