West Coast Bank is Chosen for the City of Lake Oswego's Community Investment Deposit Program

LAKE OSWEGO, Ore., March 18 /PRNewswire-FirstCall/ -- West Coast Bank has been selected by the City of Lake Oswego as one of its depositors in its Community Investment Deposit Program. Criteria for the program included bank location, risk, rates and level of community support.

Robert D. Sznewajs, President & CEO of West Coast Bank, said, "We're proud to be recognized for our commitment to the communities we serve and appreciate adding the City of Lake Oswego's funds to those available for community reinvestment."

Charlie Forsyth, Vice President-Lake Oswego Branch Manager and long-time community leader in the marketplace, said, "West Coast Bank has had a continuous and active presence in the Lake Oswego community for the past 18 years. It has given me great pride to serve the Bank and the community for much of that time."

Economic Development Manager Jane Blackstone said, "The City of Lake Oswego appreciates the tremendous support West Coast Bank provides to Lake Oswego businesses and residents. We look forward to continuing to work in partnership to grow local businesses, and support of the events and non-profit organizations that are so essential to a healthy economy and strong community."

West Coast Bancorp, (Nasdaq: WCBO), is a Northwest bank holding company with $2.7 billion in assets, operating 65 locations in Oregon and Washington. The Company combines the sophisticated products and expertise of larger banks with the local decision making, market knowledge and customer service of a community bank. For more information, visit the Company's web site at www.wcb.com.

SOURCE West Coast Bancorp