Pacific Continental Bank Honored as Regional SBA Lender of the Year
The U.S. Small Business Administration names Pacific Continental as its 2009 Regional Lender of the Year in the 'loan dollars' category.
EUGENE, Ore., May 11 /PRNewswire-FirstCall/ -- Pacific Continental Corporation (Nasdaq: PCBK), the bank holding company for Pacific Continental Bank, today announced that it was recently recognized by the U.S. Small Business Administration (SBA) as its 2009 Regional Lender of the Year in the "loan dollars" category.
In acknowledging the award, Pacific Continental's Chief Executive Officer Hal Brown said, "It's an honor to once again be recognized by the SBA as the Lender of the Year. The timing of this award is especially significant as it provides further evidence that community banks, like Pacific Continental, continue to make loans to qualified borrowers even in these difficult economic times."
According to a recent SBA press release, "Honorees receiving the award excelled in their access to capital performance and demonstrated their continued commitment to small business during a time of economic upheaval and credit shortages." In the same release, SBA Regional Administrator, Calvin Goings said, "All across the Northwest Region, access to capital has been expressed as the top concern for small businesses during this tough recession. These awardees for the Portland District are to be commended for their dedication to helping small businesses stay alive and thrive. I extend a heartfelt 'Thank You" and 'Congratulations' to all these award-winning lenders."
About Pacific Continental Bank
Pacific Continental Bank, the operating subsidiary of Pacific Continental Corporation, delivers highly personalized services through fourteen banking offices in Oregon and Washington. Pacific Continental, with $1.1 billion in assets, has established one of the most unique and attractive metropolitan branch networks in the Pacific Northwest with offices in three of the region's largest markets including Seattle, Portland and Eugene. Pacific Continental targets the banking needs of community-based businesses, healthcare and professional service providers, and nonprofit organizations.
Since its founding in 1972 Pacific Continental Bank has been honored with numerous awards from business and community organizations: in March 2010, Oregon Business magazine recognized Pacific Continental as the top-ranked financial institution to work for in the publication's large company category, making it the tenth consecutive year Pacific Continental has been recognized as one of the 100 Best Companies to work for in Oregon; in June 2009, for the ninth consecutive year, The Seattle Times named Pacific Continental to its "Northwest 100" ranking of top publicly rated companies in the Pacific Northwest; and in December 2008, for the second consecutive year, the Portland Business Journal recognized Pacific Continental Bank as One of the Ten Most Admired Companies in Oregon.
Pacific Continental Corporation's shares are listed on the Nasdaq Global Select Market under the symbol "PCBK" and are a component of the Russell 2000 Index. Supplementary information about Pacific Continental can be found online at www.therightbank.com.
SOURCE Pacific Continental Corporation
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article