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Oregon Bancorp buys back shares after recession

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Must Reads
Wednesday, October 23, 2013

Oregon Bancorp purchased a stake in Willamette Valley Bank held by the U.S. Department of Treasury since 2009.

The government’s $3.5 million investment in the local bank was part of the Troubled Asset Relief Program, better known as TARP.

TARP is best known for programs aimed at large banks. But to encourage lending during the recession, the federal government made preferred stock investments in smaller institutions.

Read more at The Statesman Journal.


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housingoldpdx thumbBY LINDA BAKER

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Oregon Business magazine’s seventh annual 100 Best Nonprofits to Work For project attracted more than 150 nonprofits from around the state from a variety of sectors, including social services and environmental advocacy.  More than 5,000 employees and volunteers filled out the survey, rating their satisfaction with work environment, mission and goals, career development and learning, benefits and compensation, and management and communications.


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