Washington Trust Bank: New to Central Oregon, Not New to Banking
Bend, Ore., October 14, 2021: EDCO welcomes Washington Trust Bank to Central Oregon. Washington Trust Bank is the largest privately held, full-service commercial bank in the Northwest, serving markets in Idaho, Oregon and Washington. As suggested in their slogan, New to Central Oregon, Not New to Banking, they have been in business since 1902 and remain focused their key values of exceptional service and dedication to the communities they serve.
We sat down with Cory Allen, Senior Vice President – Team Leader Central Oregon, to learn more about Washington Trust Bank, the local team, how they can help businesses and more.
EDCO: Tell us about Washington Trust Bank’s Central Oregon Team
Cory Allen: We have a team of five banking professionals that bring a combined 75 years of experience servicing Central Oregon communities. We’re aiming to increase our team to 12 members, upon moving into our new office location at 1203 NE 3rd street.
EDCO: How can you help businesses and who is your ideal client?
Cory Allen: We can help anyone. No matter the size, complexity of their financial situation, or industry, we are a highly experienced group of banking and financial professionals that thrive by creating unique, customized solutions to meet each of our clients’ individual needs. As an example, Washington Trust has been an exceptional provider of Paycheck Protection Program (PPP) loans throughout the Pacific Northwest, funding over 8,000 loans to local small businesses in need across the region. We’re dedicated to the health and success of the communities we have the privilege of doing business in, and we’re excited to offer our services to Central Oregon.
EDCO: What attracted Washington Trust to Central Oregon and what do you bring to the region?
Cory Allen: We were attracted to Central Oregon for its unique mixture of exceptional growth in a variety of sectors including healthcare, manufacturing, and technology, as well as, the quality of life the region offers.
We offer our full breadth of banking services to the Central Oregon community with our team of experienced bankers. Our goal is to be the premier provider of commercial, mortgage, private and retail banking serving the Central Oregon community.
EDCO: What makes Washington Trust unique?
Cory Allen: At Washington Trust, we pride ourselves on going above and beyond to provide exceptional financial services to our customers. We’re not your typical bank, we take the time to truly understand our customer and their businesses and create customized financial solutions for them. None of our customers are put in a box or pre-set template, we understand everyone’s financial situation and business is different and requires tailored solutions. We’re from the Pacific Northwest and our Central Oregon team is made of exceptional professionals. We are so proud to work in Central Oregon and we’re dedicated to the success of our clients.
EDCO: Any recent news you’d like us to link to?
Cory Allen: For more information on our PPP lending efforts, I’d encourage businesses to read a Q&A interview of our president, Jack Heath with the Associated Press to learn more about what it means to us as well as Jack’s article in the Spokane Journal of Business to hear about his outlook on our economy.
EDCO: How do you support EDCO and why?
Cory Allen: We’re supporting EDCO because we believe that the success of our economy is determined by the health of our local small businesses. We’re proud to partner with EDCO to help provide the knowledge, resources and counsel necessary to help local businesses chart the best path forward for their future.