909 SE Bay Boulevard
PO BOX 2280
Newport, OR 97365

More Than 60 Celebrate Rose Wharton’s Promotion to Vice President of Oregon Coast Bank

For Immediate Release

Monday, August 24, 2007

Contact: Fred Postlewait
              Oregon Coast Bank

Pacific City, OR – It’s hard to keep a secret in a small town. It’s even harder to keep a secret from someone as well known locally as Rose Wharton, the manager of Oregon Coast Bank’s Pacific City office. But that’s exactly what her co-workers and friends attempted to do as they planned a party to celebrate Wharton’s promotion to Vice President.

Without question the August 23rd event was a success. The event was catered by Grateful Bread, a customer of the bank. More than sixty people attended including family, friends, customers, co-workers, fellow Oregon Coast Bank officers and several of the bank’s Board of Directors. Whether the party was a complete surprise to Wharton will remain a mystery, but it certainly brought a wide smile to her face.

Since it first opened three years ago, the Pacific City office of Oregon Coast Bank has grown rapidly to more than 24 million dollars in assets. Much of that success has been accredited to the leadership of Wharton. “Rose has extensive longtime ties to the area and truly understands the needs of the community,” commented Fred Postlewait, President and Chief Executive Office of Oregon Coast Bank. “Her can-do attitude and genuine concern for her customers have set the tone for the entire office.”

Wharton, a Cloverdale native and resident, previously worked for 30 years at the US Bank branch in Cloverdale, serving as manager for 15 years. Known for her involvement in the community, Wharton serves on the Tillamook Bay Community College Board, the Cloverdale Water Board and is a Nestucca High School Booster. Her husband, Randy, is principal of Nestucca High School. The couple has two children – Misty, 29, and Joshua, 27. In her spare time, Rose Wharton loves to quilt and spend as much time as possible with her extended family, most of which still reside in the area.

“I’ve already had several of her customers ask me if the promotion means Rose will be leaving the area,” explained Postlewait. “That’s an easy one, no. First of all, she’d never move. And we’d never want to move her, she’s exactly the type of community banker we want for Pacific City.”