Governor Tina Kotek Proclaims October 21-25, 2024 as Oregon Community Bank Week

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Governor Tina Kotek Proclaims October 21-25, 2024 as Oregon Community Bank Week

Governor Tina Kotek has officially proclaimedOctober 21-25, 2024 as Community Bank Weekin Oregon, recognizing the essential role community banks play in supporting the economic vitality and growth of Oregon's local communities.

In her proclamation, Governor Kotek highlights the significant contributions of community banks, which have served the state for well over a century. These banks provide crucial financial services through over 325 branches and loan offices statewide, while employing more than 4,800 Oregonians in family-wage jobs. Community banks are not only integral to the financial health of Oregon's small businesses-making over half of all bank loans to this sector-but are also important partners in local economic development efforts.

"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," said Governor Kotek. "We recognize community banks for their ongoing commitment to the economic vitality of local communities in Oregon."

"We commend Governor Tina Kotek for her proclamation of 'Community Bank Week in Oregon' and for recognizing the vital role community banks play in fostering economic growth and supporting local communities across our state," said Scott Bruun, president and chief executive officer of CBO and the Oregon Bankers Association.

The Community Banks of Oregon(CBO), which represents banks headquartered in the state of Oregon, encourages all Oregonians to join in this observance of Community Bank Week and take a moment to acknowledge the positive impact community banks have on their local economies, businesses, and families.

Members of CBO will be celebrating Community Bank Week by giving back to the communities they serve. Some of the activities include volunteering at local nonprofits, hosting food drives and offering free shred eventswhere community members can have their sensitive documents securely destroyed and recycled.

For more information about Oregon Community Bank Week or to learn more about how community banks contribute to Oregon's economy, please visit www.oregonbankers.com/local.