Oregon Bancorp Stock

Oregon Bancorp, Inc. operates as the bank holding company for Willamette Valley Bank that provides various banking services to businesses and individuals.

Personal Banking

Banking

The company offers the following:

Personal Checking: Includes classic checking accounts, interest checking accounts, gold checking accounts for special customers age 55 and better, Visa debit cards, and mobile banking.

Saving Accounts: Includes personal savings, student savings, certificate of deposits, money market accounts, first-time home buyer savings accounts, and retirement accounts. The company offers a wide range of CDs. The company offers Individual Retirement Accounts (IRA) both Roth, Traditional and its Simplified Employee Pension (SEP) IRA for 90 days up to five year maturities at the corresponding Certificate of Deposit (CD) rate.

Personal Digital Banking: Includes online banking, online account opening, eStatements, eBill pay, Card Valet, Notifi, Credit Sense, Zelle, WVBK Live, and WVBK Mobile App. Card Valet is the company’s free mobile app.

Personal Credit Cards: The company offers personal credit cards.

Loans

The company offers home loans, conforming loans, FHA (Federal Housing Authority) loans, USDA/rural loans, VA (Veterans Administration) loans, residential construction loans, jumbo loans, and HomeReady Loan Program.

Business Banking

The company offers the following:

Business Checking: The company offers Business Checking accounts that are designed for the small business, offering overdraft protection from a savings account and a Debit/ATM Card.

Business Premium: The company offers Business Premium for those businesses with moderate account activity and a higher account balance.

Business Analysis: The company offers business analysis checking that gives the ability to use balances, through an earnings credit, to offset fees.

Cash Management: The company offers cash management services and products. The company’s online solutions will allow to monitor, assess, and resolve the cash flow needs 24×7.

VISA Business Debit Card: The company offers VISA business debit cards.

Business Savings Accounts

The company offers various business savings accounts.

Business Credit Cards

The company offers various business credit cards.

Loans

The company offers various business loans, such as:

Commercial Real Estate Loans

Land Development (subdivision development): Loans utilized to develop land or lots for residential or commercial use. The completed product is often sold to builders or end users for further development, which repays the loan.

Construction Loans (residential or commercial): This product helps to build, remodel or expand the improvements.

Retail, Office, Industrial, Warehouse & Multi-family: These property types can be refinanced or purchased using the company’s commercial real estate loan products. These loans are available for owner occupied properties or investment properties.

SBA 504 Loans: Available as a government guaranteed loan program, this type of loan provides long-term fixed asset financing usually for owner occupied real estate. For loans that qualify for this program, the borrower may have a lower down payment with a longer loan term.

Commercial & Industrial Loans

Business Lines of Credit: Lines of credit are available to support a business’ short-term working capital needs.

Business Term Loans: This product is used to finance equipment, vehicles, facility enhancements or business expansion.

Letters of Credit: This product is put in place to guaranty performance or payment to the beneficiary. Letters of Credit normally have a term of 1 year and accrue interest only if drawn upon.

SBA & Business Oregon loans: These products are available through government loan programs and exist to support small businesses.

Agriculture Loans

Operating Lines of Credit: This product provides cash flow to support a farm’s operations during their agricultural cycle. The line requires interest only payments monthly with principal repaid following harvest.

Machinery & Equipment Financing: Financing available to support the purchase of new or used farm equipment. The loan is repaid through monthly installments usually amortized in 5 years or less.

Farmland / Real Estate Loans: This product supports the acquisition/expansion or refinance of a farm’s real estate.

History

Oregon Bancorp, Inc. was founded in 2000.