Ilwaco, Wash

Ilwaco, Wash

ShoreBank Enterprise Pacific and the Cascadia Revolving Fund, two nonprofit community development financial institutions serving Oregon and Washington communities, are waiting for IRS approval to merge into ShoreBank Enterprise Cascadia in early 2007. The merger will combine each company’s resources and create six additional jobs. John Berdes, former president of ShoreBank Enterprise Pacific, will be the new CEO of ShoreBank Enterprise Cascadia.