Ryan Dempster Appointed President
January 22, 2019
SALEM, Ore.–(BUSINESS WIRE)–Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), parent company of
Willamette Valley Bank, announced today the appointment of Ryan Dempster
as President and Board member of both companies effective January 1,
2019. Mr. Dempster, who began serving as the Bank’s Chief Financial
Officer shortly after he joined the Bank in 2007, will assume
responsibility for day-to-day operations while retaining his duties as
Chief Financial Officer. Neil Grossnicklaus, who has served as the
Bank’s President and Chief Executive Officer since 2001, will continue
as Chief Executive Officer and lead the institution’s strategic
direction.
“The efforts of Mr. Grossnicklaus and the entire Bank leadership team
have led to the development of a strong foundation and solid reputation
as a great community bank,” commented Ed Martin, Chairman of the Board
of Directors. “We are excited about Mr. Dempster’s promotion as it
ensures a seamless leadership transition that will allow the Bank to
continue its position as one of the state’s leading community banks. Mr.
Dempster is a strong leader who is an active member of the Salem
community and we feel he is an excellent selection to lead the
institution long into the future.”
Mr. Dempster has been active member of the Salem community since earning
his Business Administration degree from Corban University and serves as
a Board member for several non-profit organizations. Mr. Dempster is a
Certified Public Accountant and graduate of Pacific Coast Banking School
at the University of Washington. He and his wife, Emily, live in Salem
with their two children.
About Oregon Bancorp, Inc.
Oregon Bancorp, Inc. is the parent company of Willamette Valley Bank, a
community bank headquartered in Salem, Oregon. The Bank operates
full-service branches in Salem, Keizer, Silverton, and Albany, Oregon.
The Bank also operates Home Loan Centers in Bend, Eugene, Grants Pass,
Medford, Portland, Tualatin, and West Linn, Oregon, Spokane, Vancouver,
and Newport, Washington, and Coeur d’Alene and Meridian, Idaho. For more
information about Oregon Bancorp, Inc. or its subsidiary, Willamette
Valley Bank, please call (503)485-2221 or visit our website at www.willamettevalleybank.com.
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.
Contacts
Neil Grossnicklaus
Oregon Bancorp, Inc.
503-485-2222
bank@wvbk.com