OREGON COAST BANK
909 SE Bay Boulevard
PO Box 2280
Newport, OR 97365
Chad Ulrich Joins Oregon Coast Bank Mortgage Team
For Immediate Release
Thursday, June 5, 2014
Contact: Fred Postlewait
Oregon Coast Bank
Lincoln City, OR – Local banker Chad Ulrich has accepted an offer to become a Real Estate Loan Officer at Oregon Coast Bank. Although his service area will include all of
Lincoln and Tillamook Counties, Ulrich will be based at the bank’s Lincoln City office.
Prior to joining Oregon Coast Bank, Ulrich served as Manager of the Bank of America
branch in Lincoln City. He has more than 10 years of real estate lending experience,
including five years in Lincoln County.
Chad and his wife, Tamara, are Lincoln City homeowners. The couple has a 10 year old
daughter and 3 year old son. In his spare time, Chad fishes, hiking and coaches youth
sports. He is also an active member of the Lincoln City Chamber of Commerce.
“I wanted to be part of a locally-owned bank that genuinely wants to make loans in our
community,” said Ulrich, explaining his reasons for joining Oregon Coast Bank. “Local
people like to borrow from local banks, where they can talk face to face with a loan
officer and not have to submit applications to decision-makers hundreds of miles away.”
“Chad has the experience, expertise and most importantly the desire to make the
mortgage process as easy as possible for his customers,” points out Fred Postlewait,
President and Chief Executive Officer of Oregon Coast Bank. “He’ll be a great addition
to our real estate lending team.”
Since opening its first office in Newport in July of 2002, Oregon Coast Bank has grown
to $175 million in assets and currently also operates offices in Lincoln City, Waldport,
Pacific City and Toledo.
The bank has provided more than $450 million in real estate loans to local families and
businesses. Besides conventional home loans and refinancing, Oregon Coast Bank
offers land loans, condominium mortgages, manufactured housing loans, construction
financing, second mortgages, VA loans, FHA mortgages, ODVA loans, home equity
lines of credit, rental property loans, and vacation home mortgages.