Salem – Oregon Gov. Kate Brown has proclaimed Oct. 19 – 23 as Community Bank Week. The week honors local banks and their employees for their economic and civic contributions in communities across the state.

Oregon community banks provide more than 7,200 family wage jobs, $3.7 billion in home purchase and refinance loans, and safeguards $35.5 billion in deposits.

Oregon’s community banks, most of which are chartered by the Department of Consumer and Business Services, play an essential role in promoting the economic health and prosperity of the state. In some communities, they are the sole provider of banking products and services and sometimes the largest employer.

“Our state banks are a major financing source for Oregonians in every corner of the state; they create jobs, support small businesses, and back 80 percent of the state’s agriculture,” said Andrew Stolfi, DCBS director. “Their commitment to this state is evident through the thousands of volunteer hours and the millions they have pledged to support people affected by COVID-19, the wildfires, and racial inequality.”

State-chartered banks throughout Oregon are celebrating Community Bank Week in their local neighborhoods. To learn more about Oregon’s state chartered banks, go to https://www.oregonbankers.com/local.html.

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About DCBS: The Department of Consumer and Business Services is Oregon's largest business regulatory and consumer protection agency. For more information, go to www.dcbs.oregon.gov.
 

About Oregon DFR: The Division of Financial Regulation is part of the Department of Consumer and Business Services, Oregon’s largest business regulatory and consumer protection agency. Visit www.dcbs.oregon.gov and www.dfr.oregon.gov.