Ask The Banker: What is a community bank?

KEZI 9 News talked to Ron Green and John Raleigh with Oregon Pacific Bank to learn more.

Posted: Apr 22, 2019 5:18 PM

EUGENE, Ore. -- Community banking is a buzzword in the industry these days.

KEZI 9 News talked to Ron Green and John Raleigh with Oregon Pacific Bank to learn more.

Raleigh said the term community bank is used by a lot of different banks and in banking circles. A community bank is an organization that invests in their local community.

A community bank has people who live and work in the community and are invested in it and are making decisions on behalf of the businesses and individuals. Raleigh said they accept deposits from individuals and businesses and lend those back into the communities via home mortgages, consumer loans and small businesses.

The idea is that the bank and community work together to make it a more vibrant and ongoing community in the long run.

If you have a banking or finance question for Green, click here.

Oregon Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 11188

Reported Deaths: 230
CountyConfirmedDeaths
Multnomah269472
Marion174353
Washington172020
Clackamas91427
Umatilla8867
Union3671
Lincoln3634
Lane2713
Malheur2661
Deschutes2290
Yamhill1719
Linn16810
Polk16812
Jackson1640
Jefferson1450
Morrow1321
Klamath1311
Wasco1021
Benton996
Hood River990
Douglas560
Clatsop550
Josephine541
Coos520
Columbia470
Lake240
Crook171
Tillamook150
Wallowa120
Curry90
Baker80
Sherman30
Harney20
Gilliam10
Grant10
Unassigned00
Wheeler00
Eugene
Few Clouds
81° wxIcon
Hi: 82° Lo: 54°
Feels Like: 81°
Corvallis
Clear
81° wxIcon
Hi: 79° Lo: 52°
Feels Like: 81°
Roseburg
Clear
84° wxIcon
Hi: 84° Lo: 55°
Feels Like: 84°
North Bend
Clear
67° wxIcon
Hi: 69° Lo: 55°
Feels Like: 67°
KEZI Radar
KEZI Temperatures
KEZI Planner

LATEST FORECAST

Community Events