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Article: West Coast Bancorp Will Acquire Woodburn-Based Mid-Valley Bank.
- Article from:
- PR Newswire
- Article date:
- February 2, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Combined Community Bank Will Serve 56 Sites in Oregon and Washington
LAKE OSWEGO, Ore., Feb. 1 /PRNewswire-FirstCall/ -- West Coast Bancorp and Mid-Valley Bank announced today they have entered into a definitive agreement pursuant to which West Coast Bancorp will acquire Mid-Valley Bank in exchange for cash and common shares of West Coast Bancorp.
Mid-Valley Bank, a fast-growing community bank headquartered in Woodburn, Oregon, along Interstate 5 in the Willamette Valley, was founded in 1998 by local businessmen and had total assets of approximately $100 million at year end 2005. The bank has full-service branches in Woodburn (2), Wilsonville (1), ...