909 SE Bay Boulevard
PO BOX 2280
Newport, OR 97365

Oregon Coast Bank Announces Management Team for New Toledo Office

For Immediate Release

Friday September 11, 2009

Contact: Fred Postlewait
              Oregon Coast Bank

Newport, OR – Robin Brown, a Toledo resident for 32 years, has been named Operations Supervisor of Oregon Coast Bank’s new Toledo office. Jake Postlewait, also a resident of Toledo, will manage the office. With construction underway, the new 3,600 square foot office is scheduled to open during the first quarter of 2010.

Brown started her banking career at National Security Bank in Toledo immediately after graduating high school. She then spent 28 years doing the bookkeeping for her family’s logging business. About 2 ½ years ago she began working at Oregon Coast Bank’s Newport office as a teller, in new accounts, and in the accounting department. Robin and her husband Tuffy, a heavy equipment operator for Yaquina River Constructors, have been married for 31 years. The couple has four daughters ranging from age 18 through 27, and three grandchildren. They enjoy hunting, fishing and camping on the Big Elk River.

Robin describes Oregon Coast Bank as a “wonderful place to work – the bank has a sense of family, community and generally understands what’s important to local folks.” “We’re very happy that Robin will be part of our management team at our new Toledo office,” explains Fred Postlewait, President and Chief Executive Officer. “She’s well respected locally and understands our philosophy of community involvement.”

Jake Postlewait grew up in Newport and studied Forestry Management for four years at Oregon State University. An All-Pac 10 Conference baseball pitcher – “the Beavers started winning national championships after I left,” jokes Postlewait – Jake was then drafted by the Colorado Rockies and spent three years in the minor leagues. Between seasons he began working at Oregon Coast Bank, where he was trained in all aspects of community banking. In March of 2007 he joined the bank on a permanent basis working in commercial and real estate lending. Jake first bought a home in Toledo during 2006. He and his wife Liz, a 1st grade teacher in Toledo, have a 6-month old daughter, Callyn. The couple enjoys fishing and hiking in the local area. An avid hunter, he currently serves as Vice President of the Big Timber Rifle and Pistol Club. Jake is also locally known for his skill in taxidermy.

“Growing up in a family of community bankers, Jake learned at an early age that customer relationships are a bank’s strongest asset,” explains Fred Postlewait. “We’re excited to be able to bring locally owned community banking service back to Toledo,” comments Jake Postlewait. “Many Toledo customers are already utilizing our Newport office – it will be nice to have a location more convenient for them and for additional families and businesses who would like to become Oregon Coast Bank customers.”

With $134 million in assets, Oregon Coast Bank currently operates offices in Newport, Lincoln City, Waldport and Pacific City. The bank is known as an active lender, having reinvested more than $250 million back into the communities it serves in the form of loans to local families and businesses. Oregon Coast Bank’s new Toledo office will be located at the intersection of NW First Street and NW A Street, across from the Toledo Post Office.