909 SE Bay Boulevard
PO BOX 2280
Newport, OR 97365

Mark Collson Joins Oregon Coast Bank Board of Directors

For Immediate Release

Friday September 28, 2011

Contact: Fred Postlewait
              Oregon Coast Bank

Newport, OR – Newport businessman Mark Collson, who formerly served as mayor of Newport for 12 years, has accepted a seat on the Board of Directors of Oregon Coast Bank. The bank’s stockholders voted unanimously to accept the nomination of Collson to fill a board position vacated by the retirement of Frank Brawner.

Born in Newport, Collson graduated from Oregon State University after serving in the United States Navy. In 1970 he accepted a marketing position with Safeco Insurance in Portland. By 1974 he had brought his family back to Newport and became a partner in Ken Doerfler Insurance. During 2008, Collson sold the agency to Western States Insurance, but agreed to remain as branch manager, a position he still holds today.

Prior to his tenure as mayor from 1984 to 1996, Collson served two years on the Newport City Council. For the past 15 years he’s been a member of the Oregon Coast Aquarium Board of Directors. A tireless volunteer, Collson also has been active in the Newport Boosters, Rotary and has served as chairman of the local chapter of the United Way.

“As a businessman and public servant, Mark has had a very positive influence on the central coast,” explained Fred Postlewait, President and Chief Executive Officer of Oregon Coast Bank. “We’re very pleased that he chose to accept a position on our board.”

“My goal has always been to keep our local area successful and growing,” commented Collson. “Joining the Oregon Coast Bank Board of Directors is a great opportunity for me to continue to be an advocate for the community.”

Mark and his wife Lynne have lived in Newport since 1974. The couple has three children and four grandchildren, all who reside in Oregon.

Locally owned by approximately 100 families, Oregon Coast Bank opened its first office in Newport in 2002. The bank has grown to $171 million in assets and currently operates offices in Newport, Pacific City, Lincoln City, Waldport and Toledo. Perhaps even more importantly, Oregon Coast Bank has provided more than $370 million in loans to local families and businesses.