{"id":439952,"date":"2021-02-19T09:33:16","date_gmt":"2021-02-19T14:33:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=439952"},"modified":"2021-02-19T09:33:16","modified_gmt":"2021-02-19T14:33:16","slug":"oregon-bancorp-announces-special-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/oregon-bancorp-announces-special-dividend\/","title":{"rendered":"Oregon Bancorp Announces Special Dividend"},"content":{"rendered":"

<\/p>\n

\nOregon Bancorp Announces Special Dividend\n<\/p>\n

SALEM, Ore.–(BUSINESS WIRE<\/a>)–
\nOregon Bancorp, Inc. (OTCBB: ORBN) (the \u201cCompany\u201d), parent company of Willamette Valley Bank, announced today that its Board of Directors declared a special cash dividend of $3.50 per share payable on March 15, 2021 to shareholders of record as of March 1, 2021.\n<\/p>\n

\n\u201cWe are proud of our financial success during 2020 despite the economic and operating challenges posed by the COVID-19 pandemic,\u201d stated Ryan Dempster, President and Chief Executive Officer. \u201cThe Company\u2019s record earnings and strong capital position allow for a significant capital distribution to our shareholders. This is our fifth annual special dividend and represents a 133% increase over last year\u2019s dividend.\u201d\n<\/p>\n

About Oregon Bancorp, Inc.<\/span><\/b><\/p>\n

\nOregon 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<\/a>.\n<\/p>\n

Forward Looking Statements<\/b><\/p>\n

Certain statements in this release may be deemed \u201cforward-looking statements\u201d. 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.<\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210219005095\/en\/<\/a><\/span><\/p>\n

\nRyan Dempster
\n
Oregon Bancorp, Inc.
\n
503-485-2222
\n
Ryan@wvbk.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Oregon<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Oregon Bancorp Announces Special Dividend SALEM, Ore.–(BUSINESS WIRE)– Oregon Bancorp, Inc. (OTCBB: ORBN) (the \u201cCompany\u201d), parent company of Willamette Valley Bank, announced today that its Board of Directors declared a special cash dividend of $3.50 per share payable on March 15, 2021 to shareholders of record as of March 1, 2021. \u201cWe are proud of our financial success during 2020 despite the economic and operating challenges posed by the COVID-19 pandemic,\u201d stated Ryan Dempster, President and Chief Executive Officer. \u201cThe Company\u2019s record earnings and strong capital position allow for a significant capital distribution to our shareholders. This is our fifth annual special dividend and represents a 133% increase over last year\u2019s dividend.\u201d About Oregon Bancorp, Inc. Oregon Bancorp, Inc. is … <\/p>\n

Continue reading “Oregon Bancorp Announces Special Dividend”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-439952","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nOregon Bancorp Announces Special Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/oregon-bancorp-announces-special-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oregon Bancorp Announces Special Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Oregon Bancorp Announces Special Dividend SALEM, Ore.–(BUSINESS WIRE)– Oregon Bancorp, Inc. (OTCBB: ORBN) (the \u201cCompany\u201d), parent company of Willamette Valley Bank, announced today that its Board of Directors declared a special cash dividend of $3.50 per share payable on March 15, 2021 to shareholders of record as of March 1, 2021. \u201cWe are proud of our financial success during 2020 despite the economic and operating challenges posed by the COVID-19 pandemic,\u201d stated Ryan Dempster, President and Chief Executive Officer. \u201cThe Company\u2019s record earnings and strong capital position allow for a significant capital distribution to our shareholders. This is our fifth annual special dividend and represents a 133% increase over last year\u2019s dividend.\u201d About Oregon Bancorp, Inc. 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