Oregon Bankers Association News Newswire

Oregon Incentivizes New Bank Formation, Opening Door for First De Novo Banks in 18 Years

Tue, 28 Apr 2026 07:00:00 GMT

Oregon has enacted new legislation designed to encourage the formation of community banks, creating a potential opportunity for banking organizers and investors interested in launching new institutions in the state.

House Bill 4052, signed into law by Governor Tina Kotek, provides a targeted tax incentive for newly chartered Oregon banks. Under the law, qualifying de novo banks can receive up to $1 million annually in state tax credits for three consecutive years, helping offset the significant startup costs associated with organizing a new bank.

The policy makes Oregon only the second state in the nation to adopt a dedicated incentive aimed at encouraging new bank formation.

“This legislation sends a clear signal that Oregon wants new community banks,” said Scott Bruun, president and CEO of the Oregon Bankers Association. “For experienced banking teams and investors interested in starting a new institution, this law helps improve the economics of organizing a bank and demonstrates strong bipartisan support for expanding locally based financial institutions.”

A Long Gap in Bank Formation

Oregon has not seen a newly chartered bank since 2007. Over the past two decades, consolidation has significantly reduced the number of locally headquartered institutions.

Today, Oregon has 13 state-chartered banks, a number expected to decline to 12 following a pending acquisition. The number of community banks headquartered in Oregon has fallen from more than 50 two decades ago to just 12 today.

Supporters say HB 4052 is intended to help reverse that trend and attract new investment into the state’s banking sector.

“Community banks are essential to small business lending, agricultural finance, and local economic development,” Bruun said. “Encouraging new entrants strengthens competition and helps ensure that lending decisions remain close to the communities being served.”

Strengthening Access to Local Capital

The law allows newly chartered Oregon banks that begin operations between 2027 and 2033 to qualify for the tax incentive once they obtain a state charter and begin operations.

Supporters say the measure is particularly important as Oregon’s economy continues to evolve. According to the state’s 2026 economic forecast, Oregon’s economy is expected to gradually strengthen following slower growth in 2025, while personal income is projected to grow by an average of 4.8% annually through 2035.

Population growth is expected to continue as well, reaching approximately 4.5 million residents by 2035, driven largely by migration.

These trends are expected to create new demand for local lending and financial services.

Potential Markets for New Banks

Industry leaders say several regions of the state could support new bank formation.

Portland, the state’s largest economic center, has extensive branch coverage but currently lacks a locally headquartered major commercial bank, creating potential opportunities for niche or technology-forward banking models.

Central Oregon, one of the state’s fastest-growing regions, continues to see strong population and business growth, while Eastern Oregon remains a large, geographically dispersed market where community-focused banking models could expand access to credit.

Coastal communities, where tourism drives seasonal economic activity, may also benefit from institutions tailored to local business cycles.

Broad Bipartisan Support

HB 4052 passed the Oregon Legislature unanimously with bipartisan leadership from Rep. Pam Marsh and Rep. E. Werner Reschke, reflecting widespread recognition of the role community banks play in supporting economic growth.

Supporters say the policy was designed as a narrowly targeted tool to encourage investment in locally focused financial institutions.

Turning Policy Into New Banks

With the legislation now in place, the Oregon Bankers Association plans to actively promote the state as a location for new bank formation and connect experienced banking teams with investors interested in organizing new institutions.

“Our goal is simple,” Bruun said. “We want to reestablish Oregon as a place where new banks can be formed, grow, and serve their communities.”

Stacey Dodson Honored with 2026 Linda W. Navarro Trailblazer Award at Women in Oregon Banking Luncheon

Wed, 22 Apr 2026 16:31:10 GMT

The Oregon Bankers Association (OBA) is proud to announce Stacey Dodson, recently retired Market President for Oregon and Southwest Washington at U.S. Bank, as the recipient of the 2026 Linda W. Navarro Trailblazer Award.

Stacey Dodson (right) receives the 2026 Linda W. Navarro Trailblazer Award from Tracy Curtis, former Wells Fargo executive and the 2025 honoree, during the Women in Oregon Banking luncheon held April 21 in Portland.

Named in honor of OBA’s former longtime CEO, the Linda W. Navarro Trailblazer Award was established in 2024 to recognize extraordinary women in banking who have achieved remarkable success in their careers while lifting others along the way. The award celebrates leaders who open doors, create opportunities, and redefine what leadership looks like for the next generation of women in banking.

Dodson’s career embodies the very spirit of the award.

She began her banking career at just 17 years old, working part-time as a teller and proof operator on the Oregon Coast. From those early days, she recognized that banking is about far more than transactions — it is about relationships, trust, and strengthening the communities served by financial institutions.

As a first-generation college graduate, earning a bachelor’s degree from Willamette University, Dodson brought both ambition and a deep sense of purpose to her career. Over more than four decades in banking, her leadership took her across Oregon, where she left a lasting impact in every community she served.

Dodson broke new ground early in her career when she became the first woman relationship manager in the Willamette Valley serving agricultural and business clients. Within a year she was promoted to sales manager, responsible for training and coaching business bankers and branch managers across the Mid-Willamette Valley and Oregon Coast.

Rising steadily through leadership roles, she helped the bank not only maintain its number one market share position in the region but strengthen it in one of the most competitive banking environments in the country.

While her professional accomplishments are significant, Dodson is perhaps best known for the impact she has had on the people around her.

Throughout her career, she has intentionally mentored and sponsored countless women, many of whom now serve in leadership roles across Oregon’s banking and business community. She also played a key role in building one of the most impactful Women’s Business Resource Groups within U.S. Bank, creating a network where women could connect, grow, and lead boldly.

Dodson’s influence extends far beyond her organization. She served as a Portland Branch Board Director for the Federal Reserve Bank of San Francisco from 2018 to 2024, helping inform U.S. monetary policy through insights on regional economic conditions. She has also held numerous leadership roles across Oregon’s civic and business communities, including service with the Portland Metro Chamber, the Oregon Business Council, and the Oregon Museum of Science and Industry.

Even in retirement, Dodson continues to expand her impact through board service and investment in ventures that support women founders and leaders, including her role as a limited partner in How Women Invest.

Dodson’s legacy is defined not only by what she accomplished during her 40-year career, but by the leaders she has helped develop along the way.

The Trailblazer Award was presented during the Women in Oregon Banking Luncheon on April 21, where industry leaders gathered to celebrate and support the advancement of women in banking.

“Stacey Dodson represents the very best of Oregon’s banking industry,” said OBA President and CEO Scott Bruun. “Her leadership, mentorship, and unwavering commitment to strengthening communities have left a lasting mark on our industry and on the many leaders she has helped inspire.”

Oregon Bankers Association Welcomes New Banking Leaders to Board of Directors

Thu, 12 Mar 2026 15:37:35 GMT

The Oregon Bankers Association (OBA) is pleased to announce the election of Julia Banks, Wells Fargo; Julia Beattie, People’s Bank of Commerce; Dan LaCoste, WaFd Bank; and Jim Schlotfeldt, First Federal, to its board of directors. Schlotfeldt will serve in an ex officio capacity as chair of OBA’s Community Bank Advisory Council.

Julia Banks serves as regional branch network executive and senior vice president for Wells Fargo, overseeing branch network operations across Washington, Oregon and Nevada, including nine districts, 128 branches and more than 1,000 employees. She joined Wells Fargo in 2005 and has held a variety of leadership roles in branch banking, including 13 years as a district senior manager. Banks earned a business degree in bank management from Pacific Coast Banking School and the University of Washington Foster School of Business. She is active in the community, serving on the executive board of the Portland Metro Chamber and Raphael House.

Julia Beattie is president and CEO of People’s Bank of Commerce. She has worked in community banking in the Rogue Valley since 1992, holding senior commercial lending and executive leadership roles before becoming president and CEO in 2023. Beattie earned a bachelor’s degree in business administration from Baylor University and an MBA from the University of Texas. She is active in several community organizations and currently serves on the Safety & Soundness Committee of the Independent Community Bankers of America, is chair of the People’s Bank of Commerce Foundation, and is serving the second year of a three-year term as a director of the Portland Branch of the Federal Reserve Bank of San Francisco.

Dan LaCoste is executive director of business banking for WaFd Bank, where he oversees business banking teams across the West Coast. He began his banking career in 1997 and joined WaFd Bank in 2019. With nearly three decades of experience, LaCoste has held senior leadership roles focused on supporting local businesses, strengthening teams and driving regional growth. He is a graduate of Oregon State University and Pacific Coast Banking School and is active in nonprofit and community leadership, including service as a United Way campaign chair and board chair for several community organizations.

Jim Schlotfeldt is president and chief executive officer of First Federal, where he has served since 2014 after joining the bank as chief financial officer in 2012. With more than 40 years of financial services experience, he oversees corporate strategy, capital management, regulatory and social responsibility activities for the bank. Schlotfeldt earned a bachelor’s degree in accounting from the University of Portland. He is active in community and industry leadership, serving on the Yamhill County Investment Committee and the board of St. Vincent de Paul in McMinnville, and previously served on the Federal Reserve Bank of San Francisco’s Twelfth District Community Depository Institutions Advisory Council.

“We are excited to welcome Julia Banks, Julia Beattie, Randell, Dan and Jim to the OBA Board of Directors,” said OBA President and CEO Scott Bruun. “Their collective leadership, deep banking expertise and commitment to Oregon communities will strengthen our board and help advance the interests of our member banks across the state.”

Oregon Bankers Association and OBA Education Foundation Elect New Board Officers and Directors

Thu, 18 Dec 2025 08:00:00 GMT

The Oregon Bankers Association (OBA), Oregon's only trade association dedicated to the banking industry and its customers, along with the OBA Education Foundation (“Foundation”), elected its board officers and directors during a joint annual meeting held on Dec. 12 in Portland.

New OBA officers include:

Chair: R. Shane Correa, SVP – Retail Strategy & Market Development, Banner Bank
Chair-Elect: Joshua Lyons, Market President – Oregon & SW Washington, KeyBank

Secretary-Treasurer: Kate Salyers, EVP & Chief Credit Officer, Citizens Bank

Immediate Past Chair: Ryan Dempster, President & CEO, Willamette Valley Bank

Newly elected OBA directors:

Nic Bley, EVP & Chief Operating Officer, Heritage Bank
Lance Nunn, President & CEO, Oregon Coast Bank

In addition to the newly elected officers and directors, the OBA membership re-elected the following directors to new three-year terms:

Ted Austin, SVP & National Director of Trust Administration, U.S. Bank
Denise Portmann, President & CEO, Bank of the Pacific
Kate Salyers, EVP & Chief Credit Officer, Citizens Bank

These new and re-elected directors join the following individuals currently serving terms on the OBA board:

Jeff Bailey, President & CEO, Bank of Eastern Oregon
R. Shane Correa, SVP – Retail Strategy & Market Development, Banner Bank
Ryan Dempster, President & CEO, Willamette Valley Bank
Ron Green, President & CEO, Oregon Pacific Bank
Jeff Lang, Executive Director – Banking, JPMorgan Chase & Co., Medford
Joshua Lyons, Market President – Oregon & SW Washington, KeyBank, Portland
Nicole Sherman, President & CEO, Riverview Bank
Dee Dee Smallwood, SVP & Global Public Policy, State Government Relations, Bank of America
Jason Wessling, President & CEO, Pacific West Bank
Ex-Officio Officer and Synergy by Association Chair: Trey Maust, Executive Chairman, Lewis & Clark Bank

New OBA Education Foundation officers include:

Chair: Lisa Fajardo Faust, EVP & Chief Banking Officer, Pacific West Bank
Vice-Chair: Neal T. McLaughlin
Secretary-Treasurer: Scott Bruun, President & CEO, Oregon Bankers Association

Newly elected Foundation directors:

Becky Kindle, EVP & Chief Operations Officer, Bank of Eastern Oregon
Brad Webster, EVP & Chief Banking Officer, Citizens Bank

Re-elected Foundation directors:

Stuart B. Allen, Chief Executive Officer, Allen Trust Company
Elise Bouneff, SVP & Relationship Banking Officer, Heritage Bank
Joan Reukauf, President & CEO, Pacific Coast Banking School

These elected officers and directors join the following individuals currently serving terms on the Foundation board:

Lisa Fajardo Faust, EVP & Chief Banking Officer, Pacific West Bank
Neal T. McLaughlin
Linda Navarro, Director, Citizens Bank
Becky Tymchuk, Board Member, Northwest Regional ESD
Ex-Officio Director & OBA CEO: Scott Bruun, President & CEO, Oregon Bankers Association
Ex-Officio Director & OBA Penultimate Past Chair: Ted Austin, SVP & National Director of Trust Administration, U.S. Bank

“Oregon’s banking industry is strongest when leadership reflects the full breadth of our industry,” said OBA President and CEO Scott Bruun. “OBA’s new officers and directors bring perspectives from community banks, regional institutions, and larger banks alike, and that diversity of experience strengthens the OBA and our ability to serve banks across the state.”

Bruun also thanked outgoing OBA chair Ryan Dempster for his leadership during his one-year term, noting his steady guidance and dedication to the association. In addition, Bruun expressed deep appreciation to Rich Brown, who recently retired from the OBA Education Foundation board after serving as chair since the Foundation’s founding in 2013. “Rich’s vision, commitment, and leadership were instrumental in shaping the Foundation and advancing its mission for more than a decade,” Bruun said.

Roger Busse Named 2025 Financial Education Champion by the OBA Education Foundation

Wed, 17 Dec 2025 08:00:00 GMT

The Oregon Bankers Association (OBA) Education Foundation (“Foundation”) presented Roger Busse with the 2025 Financial Education Champion Award during a banking industry event held on Dec. 11 in Portland. Presented every other year, this award honors an individual or organization whose commitment to financial education is strengthening Oregon’s future. Busse’s impact stands out as truly exceptional.

Roger Busse currently serves as the James F. and Shirley J. Rippey Professor of Practice at the University of Oregon’s (UO) Lundquist College of Business—a role he embraced after completing a distinguished 47-year banking career. His industry leadership included serving as president and CEO of Pacific Continental Bank, and in recognition of his contributions to the banking sector and his community, he was inducted into the Oregon Bankers Hall of Fame in 2018. In addition to his work in education, Busse serves on the board of directors of Citizens Bank in Corvallis, further demonstrating his ongoing commitment to the banking profession.

Since transitioning into education, Busse has devoted his second act to preparing the next generation of bankers. Over the past five years, he has taught more than 1,195 students through the Foundation-supported commercial banking program at the University of Oregon. Demand for his course has surged, with the university now offering two full sections every term and a waitlist exceeding 40 students this fall alone.

His classroom has become one of the most effective banking talent pipelines in the state. More than 28% of his students—over 335 graduates—have gone on to careers in banking, one of the highest career-placement outcomes of any individual course of any size at any university. This level of impact has made Busse’s program one of Oregon’s most reliable sources of emerging bank talent.

Busse’s success stems from intentional collaboration with Oregon banks, ensuring students learn practical, real-world banking skills that translate directly to the workplace. His passion for mentorship has led many students to cite his course as the moment they discovered a calling to the profession. In 2023, his commitment to teaching excellence was recognized with the University of Oregon’s Excellence in Undergraduate Teaching Award.

Beyond his work at UO, Busse also extends his expertise to students at Oregon State University and George Fox University, broadening the reach of quality banking education across the state.

“Roger exemplifies everything the Financial Education Champion Award represents,” said OBA President and CEO Scott Bruun. “His generosity, expertise, and deep belief in banking as a community-serving profession are shaping stronger students, stronger communities, and a stronger future for Oregon banking.”

The OBA Education Foundation congratulates Roger Busse on this well-deserved honor.

2025 Financial Education Champion Award recipient Roger Busse accepting his award during a banking industry event held on Dec. 11 in Portland.

Roger Busse (center), joined by his Citizens Bank colleagues during his award presentation. Pictured (left to right) are Cameron Howell, EVP and chief financial officer; Brad Webster, EVP and chief banking officer; Kate Salyers, EVP and chief credit officer; and Gordon Zimmerman, president and CEO.

Mark Stevenson Inducted into the Oregon Bankers Hall of Fame

Mon, 15 Dec 2025 20:10:49 GMT

The Oregon Bankers Association (OBA) proudly announces the induction of Mark Stevenson into the Oregon Bankers Hall of Fame, recognizing his exceptional career in banking, deep community involvement, and unwavering commitment to advancing Oregon’s financial and nonprofit sectors. Induction into the Hall of Fame is the highest honor bestowed peer-to-peer in the banking industry and honors individuals who have made significant contributions to the Oregon banking industry, their communities, and the association.

Mark Stevenson has worked in the Portland banking industry for more than two decades, building a distinguished career marked by leadership, innovation, and community service. He served as president and CEO of Capital Pacific Bank for 10 years before its merger with Pacific Continental Bank. Following the merger, Stevenson continued as executive vice president and chief nonprofit and sustainability officer at Pacific Continental Bank until its acquisition by Columbia Bank. In 2021, he was named CFO of the Year by the Portland Business Journal, highlighting his expertise in financial management and strategic leadership.

After his banking career, Stevenson devoted nearly a decade to Craft3, a nonprofit community development organization, serving as board member, chief financial officer, and new market tax credit director. In these roles, he provided innovative financial leadership, stepped into critical responsibilities as needed, and offered steadfast encouragement and mentorship to colleagues, helping the organization advance its mission across Oregon.

Beyond his professional achievements, Stevenson has been deeply engaged with the OBA, including serving as board chair, and has made a lasting impact on communities throughout Oregon. He has generously given his time, expertise, and resources to numerous nonprofit organizations, demonstrating a personal and professional commitment to civic service. Colleagues and peers describe him as a “genuine, accomplished, and proud banker” whose mentorship and leadership have inspired countless others.

"Mark Stevenson’s career reflects the very best of Oregon banking, combining leadership, integrity, and a deep commitment to community,” said OBA President and CEO Scott Bruun. “From his decades of service in the industry to his work supporting nonprofits across the state, Mark has made a lasting impact. We are proud to honor him with induction into the Oregon Bankers Hall of Fame."

The Oregon Bankers Hall of Fame selection committee unanimously chose Mark Stevenson for this honor, citing his lifelong dedication to banking, innovative contributions to the industry, and enduring community impact.

The Oregon Bankers Hall of Fame is reserved for individuals whose contributions have profoundly shaped Oregon’s banking industry, the OBA, and the communities in which they live and work. Mark Stevenson joins a distinguished group of 85 banking leaders inducted into the Hall of Fame since its inception in 1987.

Oregon Bankers Hall of Fame inductee Mark Stevenson (right), accepting his award plaque from OBA President and CEO Scott Bruun.

2025 Oregon Bankers Hall of Fame inductee Mark Stevenson (pictured with plaque), with his family who were surprise guests during his induction. They include (left to right) sister-in-law Karen, children Keegan, Will, and Riley, and brother Brian.

Brooks Resources Corporation of Bend Receives 2025 Community Applause Award from Oregon Bankers Association and Oregon Business

Mon, 15 Dec 2025 17:54:22 GMT

The Oregon Bankers Association (OBA), in partnership with Oregon Business Magazine, has announced Bend-based real estate developer Brooks Resources Corporation as the recipient of the 2025 Community Applause Award. The award, which recognizes an Oregon business for its significant service and contributions to its community, was presented to Brooks Resources during a banking industry event held on Dec. 11 in Portland.

Founded in 1996, the Community Applause Award invites banks doing business in Oregon to nominate a business customer that gives back to its community in meaningful ways. An independent panel of judges reviews each nomination and selects the winner. Since the award’s inception, 48 Oregon businesses have been honored, including this year’s recipient.

For more than five decades, Brooks Resources Corporation has helped shape the growth and character of Central Oregon through a deep, consistent commitment to community. Each year, the company donates at least 3% of its pre-tax profits and supports hundreds of nonprofit initiatives across social services, housing, arts and culture, education, and environmental stewardship.

What distinguishes Brooks Resources is the intentional, hands-on approach behind its giving. Employees are encouraged to volunteer during work hours, the company matches charitable contributions, and its leadership is actively engaged in community events, board service, and civic initiatives. Even the company’s real estate developments reflect a community-first mindset, incorporating gathering spaces and local partnerships that strengthen connection and sense of place.

The depth of Brooks Resources’ impact is evident in the organizations that championed its nomination. BendFilm credits the company as a founding partner whose two decades of support have expanded artistic access and elevated diverse voices. Family Access Network, MountainStar Family Relief Nursery, and KIDS Center highlight how Brooks Resources’ sustained generosity has improved the lives of vulnerable children and families by helping critical services grow and remain accessible.

RootedHomes points to the company’s essential role in creating new pathways for permanently affordable housing in Bend, while the High Desert Food and Farm Alliance notes Brooks Resources’ unwavering support of local food systems and the farmers who sustain them.

Together, these perspectives paint a picture of a company that is far more than a successful developer. Brooks Resources is a catalyst that helps create stability, connection, opportunity, and a stronger future for Central Oregon.

Brooks Resources was nominated for the Community Applause Award by Lynn Spinoglio, commercial relationship manager at First Interstate Bank. In her nomination, Spinoglio stated, “Brooks Resources exemplifies what it means to care deeply about the place they call home. Their board, leadership, and employees consistently demonstrate thoughtfulness, generosity, and a genuine commitment to making Central Oregon a better place for all.”

As part of the award, OBA provided Brooks Resources with two $500 checks payable to Family Access Network and RootedHomes in its honor. The OBA also produced a video highlighting Brooks Resources and illustrating the impact one company can have when community is truly at the center of its mission.

From left to right: First Interstate Bank Market President Amy Theuma; Brooks Resources Corporation team members Christi Haynes, contributions administrator, Meghan Hall, controller, and Valerie Yost, director of marketing; and Lynn Spinoglio, commercial relationship manager at First Interstate Bank and the award nominator.

Synergy by Association Welcomes David Gates and Craig Ostbo to Its Board of Directors

Mon, 01 Dec 2025 08:00:00 GMT

The Oregon Bankers Association's (OBA) wholly owned subsidiary, Synergy by Association, Inc., a leading provider of endorsed programs and services for community banks, is pleased to welcome David A. Gates and Craig Ostbo to its Board of Directors. Both bring unique professional backgrounds, blending expertise from banking and beyond, and will provide fresh perspectives and ideas to support the organization’s strategic direction.

David A. Gates is the Chief Information Officer at Clackamas County Bank, where he oversees technology, security, and operations. A retired Air Force Major, Gates served a distinguished 25 years in senior technology and operational roles supporting diverse missions, including Air Mobility and Special Forces. Following his military career, he transitioned to executive leadership in both banking and higher education, delivering large-scale projects and modernization initiatives. Gates holds a Master of Information Systems degree and is certified in project management (PMP) and IT service management (ITIL).

Craig Ostbo is the CEO of Oh! Strategic Branding in Portland, Oregon, bringing more than 30 years of experience in branding, marketing, and packaging for consumer products and financial services. He has provided strategic counsel to notable brands including Bob’s Red Mill Natural Foods, Kettle Chips, and Franz Bakery, as well as financial institutions such as Pacific West Bank, where he also serves on the Board of Directors. Ostbo also serves on advisory boards for Linfield University, Portland State University, and Oregon State University, contributing expertise in branding, marketing, and business strategy. In addition, he is an entrepreneur launching a new line of health and wellness products with his son and business partner. Outside of his professional endeavors, Ostbo is a drummer in Petty Fever, an award-winning Tom Petty tribute band.

“We are thrilled to welcome David and Craig to the Synergy board,” said Scott Bruun, president and CEO of the Oregon Bankers Association and Synergy by Association. “Their combined experience in banking, technology, branding, and business strategy will strengthen our ability to innovate and provide meaningful value to our member banks.”

Oregon Bankers Association Presents 2025 Presidential Award to Ed Rollins

Wed, 29 Oct 2025 21:58:45 GMT

During the Oregon Bankers Association (OBA) Peer Group Summit held last week, OBA announced that Ed Rollins, executive vice president and chief credit officer at Bank of Eastern Oregon, was the recipient of the 2025 OBA Presidential Award for his leadership as chair of the OBA’s Agriculture Roundtable.

The OBA Presidential Award is given annually to one of OBA’s peer group chairs for their outstanding leadership and commitment. Peer groups are chaired by volunteer bankers who provide leadership, serve as a resource to the OBA and committee members, and are at times called upon to meet with policymakers. OBA’s 14 peer groups provide over 400 bankers with a valuable forum for networking, education and roundtable discussion.

In addition to chairing the Agriculture Roundtable, Rollins is a past chair of the Lending Committee and continues to serve as a member of both the Lending and Government Relations Committees. In these roles, he provides valuable insight on the potential impacts of legislative and regulatory proposals. Despite the long trek from Heppner, Oregon, Rollins never misses a meeting—his dedication to peer collaboration and industry engagement is unmatched.

Beyond his involvement with the OBA, Rollins represents the industry at the state and national levels. He serves on the Oregon Appraiser Certification & Licensure Board and recently served on the American Bankers Association’s Agricultural and Rural Bankers Committee.

A graduate of Pacific Coast Banking School, Rollins has worked in credit and lending since the mid-nineties and has been with Bank of Eastern Oregon since 2004. Deeply committed to his community, he serves as president of the Ione Community Agri-Business Organization and Grow Ione, Inc.

A passionate advocate for agriculture and rural communities, Rollins has been a tireless supporter of the Access to Credit for our Rural Economy (ACRE) Act and is known for generously sharing his expertise and supporting his peers—exemplifying the collaborative spirit that strengthens Oregon’s banking community.

“For those who know Ed, this recognition comes as no surprise.” said Scott Bruun, president and CEO of the OBA. “He has long been a dedicated and engaged leader in Oregon banking. Ed shows up for his bank, for his customers, for his team, and for the larger Oregon banking community, and for that, we are incredibly grateful.”

OBA President and CEO Scott Bruun (right) presents the 2025 OBA Presidential Award to Ed Rollins, executive vice president and chief credit officer at Bank of Eastern Oregon.

Governor Proclaims October 20–24, 2025 as Community Bank Week in Oregon

Wed, 01 Oct 2025 07:00:00 GMT

Governor Tina Kotek has officially proclaimed October 20–24, 2025 as Community Bank Week in Oregon, recognizing the vital role community banks play in supporting families, small businesses, and communities across the state.

“For well over a century, community banks doing business in Oregon have provided local financial services and have supported the prosperity and growth of our communities,” said Governor Kotek in the proclamation. “Community banks are an integral part of Oregon’s overall economy through their community giving, dedication as good neighbors, and above all, their critical role in providing reliable financial services to Oregonians.”

Community banks serve Oregon through more than 325 branches and loan offices, employing 4,700 Oregonians in family-wage jobs. They also make more than half of all bank loans to small businesses, fueling entrepreneurship and job creation in every corner of the state.

Community banks are central to Oregon’s economic vitality, contributing to schools, infrastructure, and public services through taxes and serving the credit needs of all communities—including low- and moderate-income neighborhoods—under the federal Community Reinvestment Act. In many rural areas, they are the only local financial institution, making this commitment especially important.

“Community banks are unique because their success is directly tied to the strength of the communities they serve,” said Scott Bruun, president and CEO of the Community Banks of Oregon. “They create jobs, provide access to capital, support local nonprofits, and contribute to Oregon’s tax base. Governor Kotek’s proclamation recognizes just how essential community banks are to Oregon’s economy and quality of life.”

During Community Bank Week, banks across Oregon will celebrate with customer appreciation events, community service projects, food drives, free community shred events where residents can securely dispose of confidential documents, and other outreach efforts that highlight the positive impact of local banking. Discover more about community banks and connect with one in your area at www.oregonbankers.com/local.

Dee Dee Smallwood Elected to Oregon Bankers Association Board of Directors

Mon, 11 Aug 2025 15:26:41 GMT

The Oregon Bankers Association (OBA) is pleased to announce the election of Dee Smallwood, senior vice president at Bank of America for state and local government relations, to its board of directors.

With over 40 years of experience in the financial services industry, Smallwood brings an exceptional blend of banking leadership, public policy expertise, and community engagement to the board. At Bank of America, she leads the company’s state and local government public policy strategy across the Western region, identifying and addressing legislative and political issues that impact the banking industry. In this role, she also manages external advocacy teams, coalition partnerships, and key relationships with trade associations.

Throughout her distinguished career, Smallwood has held leadership roles across business banking, consumer banking, and wealth management, and spent 12 years as Market President for Bank of America’s Monterey Bay Market in California. In that role, she oversaw cross-line financial performance, community partnerships, and employee engagement initiatives.

A longtime advocate for the banking industry, Smallwood has been an active member of the OBA’s Government Relations Committee and a Trustee for Oregon BankPAC. She brings a strategic perspective on the intersection of business, regulation, and public policy, and her contributions will support OBA’s ongoing efforts to promote pro-banking and pro-business policies in Oregon.

“We’re thrilled to welcome Dee Dee to the OBA Board of Directors,” said OBA President and CEO Scott Bruun. “Her deep experience in banking operations and public policy—combined with her energy, insight, and strong connection to Oregon’s banking community—will be a tremendous asset to our board and our members.”

Based in Lake Oswego, Smallwood remains active in civic and community organizations and is a strong supporter of leadership development, including employee mentoring and advancement through internal networks such as HOLA (Hispanic/Latino Organization for Leadership & Advancement) and LEAD for Women.

Future Bank Leaders Complete 2025 Northwest Bank Operations School

Mon, 16 Jun 2025 16:21:28 GMT

The Oregon Bankers Association (OBA) proudly recognizes the 19 bankers who comprise the 2025 graduating class of the Northwest Bank Operations School. A cornerstone of OBA’s professional development offerings for almost 30 years, the program remains one of the association’s most respected and enduring resources for bank operations professionals.

Over the course of four, 1.5-day sessions from March through June, students received practical, real-world instruction on key aspects of bank operations. Topics included the business of banking, regulatory structure, fraud prevention, elder financial abuse, workplace safety, customer experience, compliance, new accounts, employee supervision, and the rapidly evolving payments landscape. Sessions also focused on leadership, ethics, and strategies for navigating change in a complex and regulated industry.

The school concluded last week in Wilsonville with a graduation ceremony and a panel discussion with bank leaders on the future of banking and the importance of community engagement. Students were joined by mentors, supervisors, and senior bank leaders in celebrating the milestone.

“The Northwest Bank Operations School equips bankers with the essential tools and knowledge they need to succeed in today’s fast-changing financial services landscape,” said Scott Bruun, president and CEO of the Oregon Bankers Association. “We are proud to celebrate these graduates for their commitment to operational excellence and their vital role in strengthening Oregon’s banking industry.”

OBA congratulates the following 2025 graduates and thanks all participating banks, instructors, and volunteers who contributed to the success of this year’s program. The Northwest Bank Operations School will return in 2027.

Annie Boatwright, Pioneer Trust Bank
Nichole Boggs, Bank of Eastern Oregon
Katie Field, Pacific West Bank
Lindsay Fleming, Clackamas County Bank
Crystal Holmes, Citizens Bank
Ruth Israel, Bank of Eastern Oregon
Austin Kometz, Citizens Bank
Josie Miles, Bank of Eastern Oregon
Dona Morales, Evergreen Federal
Bethany Olsen, Bank of Eastern Oregon
Abel Perez, People's Bank of Commerce
Dana Porter, Bank of Eastern Oregon
Jennifer Schlaht, Bank of Eastern Oregon
Sara Schmadeka, Citizens Bank
Kristin Short, Oregon Pacific Bank
Hannah Silva, Pioneer Trust Bank
Kayla Stram; Oregon Pacific Bank
Noelle Swee, Summit Bank
Kemble Tsoi, Citizens Bank

The 2025 graduating class of the Northwest Bank Operations School following the final session and graduation ceremony in Wilsonville.

Tracy Curtis Honored with 2025 Trailblazer Award at Women in Oregon Banking Luncheon

Wed, 28 May 2025 07:00:00 GMT

The Oregon Bankers Association (OBA) is proud to announce Tracy Curtis, former regional president for Wells Fargo in Oregon and Southwest Washington, as the recipient of the 2025 Linda W. Navarro Trailblazer Award.

The Linda W. Navarro Trailblazer Award, named after OBA’s former longtime CEO, was established in 2024 to honor extraordinary women in banking who have not only achieved remarkable success in their careers but who lead with courage, elevate others, and have left lasting contributions to the banking industry. Curtis exemplifies all of this and more.

A native of England, Curtis began her Wells Fargo career in 1988 as a teller. With humility, determination, and an unwavering commitment to people, over the next 37 years she rose through the ranks to become a respected regional bank president. In that role, she oversaw the customer service, sales, and community involvement activities of nearly 800 team members across 74 branches in northern Oregon and Southwest Washington.

Curtis has guided her teams and organization through pivotal moments in the industry — from the financial crisis to the pandemic — always with clarity, resilience, and grace. She is recognized as much for her strategic acumen as for her deep compassion and personal leadership style. Known among colleagues as “the calm in the storm,” she is celebrated for her ability to inspire confidence, nurture talent, and foster resilience in every team she leads.

“She lifts others as she climbs,” said one colleague. “Especially women. She challenges the status quo, pushes for inclusion, and ensures every voice is heard.”

Her influence extends well beyond the workplace. A dedicated community advocate, Curtis has served on numerous boards, including Cascade AIDS Project, Self Enhancement Inc., Portland Trail Blazers Foundation, Raphael House, The Mighty Endeavor, and the Oregon Bankers Association. Her work supports causes ranging from LGBTQ+ health and domestic violence prevention to youth empowerment and veteran engagement. Within Portland’s LGBTQ+ community, she is not only respected — she is cherished.

Curtis’s legacy is one of transformational leadership and unwavering commitment to lifting others. She is admired not only as a trailblazer in banking, but as a mentor, community champion, and role model for the next generation.

The award’s inaugural recipient, Linda Navarro, had the honor of presenting the 2025 Trailblazer Award to Curtis.

“Tracy is a trailblazer in every sense of the word, and she has achieved it all with a style that is uniquely her own,” said Navarro during the luncheon ceremony.

Tracy Curtis’s career is a testament to the power of purpose-driven leadership. Her impact on the banking industry, her teams, and the broader community will continue to inspire for years to come.

The Oregon Bankers Association extends its heartfelt congratulations to Tracy Curtis on this well-deserved recognition.

Tracy Curtis receives the 2025 Linda W. Navarro Trailblazer Award from its namesake, Linda Navarro, during the Women in Oregon Banking luncheon held May 22 in Portland.