Willamette Valley Bank Hires Ryan Allbritton as Senior Vice President and Chief Banking Officer

Rhea-AI Summary

Willamette Valley Bank (OTCBB: ORBN) has appointed Ryan Allbritton as Senior Vice President and Chief Banking Officer. With extensive experience in banking and strong community ties in Salem, Allbritton aims to enhance the bank's presence in the Willamette Valley and beyond. Previously, he held significant roles in a national bank, including Regional President, and has been involved with various community organizations. His customer-centric approach aligns with the bank’s goals of providing personal financial services amidst increasing competition from larger banks.

Positive

• Ryan Allbritton brings extensive banking experience and community connections to Willamette Valley Bank.
• Allbritton's customer relationship-focused strategy is expected to enhance the bank's service quality.

Negative

• None.

Willamette Valley Bank (OTCBB: ORBN) (the “Company”), is pleased to announce that Ryan Allbritton, a longtime banking executive and community leader from Salem, Oregon, has joined Willamette Valley Bank as Senior Vice President and Chief Banking Officer. In this role, Allbritton will leverage his lifelong experience of living and contributing to the Salem community to grow and expand Willamette Valley Bank’s presence in the Willamette Valley and other localities served by the Bank.

Allbritton has held various roles for a large national bank including Regional President which included overseeing the growth and development of branches throughout the Willamette Valley region. He has also been heavily involved in the community serving as President of the Salem Chamber of Commerce, President of the United Way of the Mid-Willamette Valley, and Board member of SEDCOR and numerous other non-profit organizations.

“Ryan is an experienced banker who believes developing relationships with customers is key to ensuring they receive good, sound financial advice,” stated Ryan Dempster, President and Chief Executive Officer. I am excited to add someone of Ryan’s caliber to the team to help us continue our development into being the Bank of choice when businesses and individuals are evaluating their financial partner relationships.”

“I couldn’t be more excited to be a part of the Willamette Valley Bank team where customer service, community involvement and relationship banking remain key cornerstones to their banking model,” stated Ryan Allbritton, Senior Vice President and Chief Banking Officer. “At a time where larger bank competitors are sacrificing service in favor of efficiency, I feel our customer centric model fills a void that our communities desire.”

About Oregon Bancorp, Inc.

Oregon Bancorp, Inc. is the parent company of Willamette Valley Bank (Bank), a community bank headquartered in Salem, Oregon. The Bank conducts commercial and retail banking activities at four full-service branch locations in Salem, Keizer, Silverton, and Albany, Oregon. The Bank also operates 13 Home Loan Centers located in Oregon, Washington, and Idaho. For more information about Oregon Bancorp, Inc. or its subsidiary, Willamette Valley Bank, please call (503)485-2222 or visit our website at www.willamettevalleybank.com.

Forward Looking Statements

Certain statements in this release may be deemed “forward-looking statements”. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement.

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FAQ

Who is Ryan Allbritton and what role has he taken on at Willamette Valley Bank?

Ryan Allbritton is the newly appointed Senior Vice President and Chief Banking Officer at Willamette Valley Bank.

What experience does Ryan Allbritton bring to Willamette Valley Bank?

He has extensive banking experience, including roles as Regional President and community leadership positions.

What is the goal of Ryan Allbritton as Chief Banking Officer?

His goal is to grow Willamette Valley Bank’s presence and enhance customer relationships in the community.

How does Willamette Valley Bank differentiate itself from larger competitors?

The bank focuses on customer service and relationship banking, contrasting with larger banks that prioritize efficiency.