Numbers tell just a fraction of the story, but here’s an important one. Earlier this year, Oregon Coast Bank surpassed the $800 million milestone in loans to local families and businesses. That amount continues to grow every week.

It’s no secret, the pandemic and economic shutdowns have been devastating for many local families and businesses. Unemployment is at record highs. Small businesses are dealing with unprecedented difficulties. Loans from community banks have become more important than ever.

At Oregon Coast Bank we’ve stepped up to the challenge. Many of our customers let us know that they were worried about their ability to make existing loan payments. We provided solutions like extended maturity dates, payment deferrals, or interest only payments. In many cases we opened lines of credit and made additional loans to families and businesses requiring immediate cash flow.

We also successfully completed hundreds of SBA Paycheck Protection Program loans for existing and new customers. That enabled thousands of local workers to keep their jobs. Those loans include a forgiveness clause, which we’re working to help our customers take advantage of.

Yet while the media continues to focus on the pandemic, it’s important to understand that life does go on, which is why we continue to make “normal” loans every day. If you’re remodeling or buying a home we can help. If you’re purchasing a vehicle, need an educational loan, consolidating debt, or need money for just about any reason, give us a call.

If you own a business, know that we continue to finance new computer systems, new inventory, fishing vessels, commercial vehicles, logging equipment, buildings, rental properties, new construction, and more. Simply put, if your business needs funding, we’re here to help.

Yes, $800 million is a significant investment, especially in communities the size of ours. But that amount is just a fraction of the story, what is truly unique is the relationships our bankers have with our customers. When you call Oregon Coast Bank, the phone is always answered by a real person. Someone right here in Lincoln or Tillamook County who will take the time to listen, understand your needs, and offer realistic solutions as quickly as possible.

But don’t just take our word for it, ask any Oregon Coast Bank customer how they feel they are treated. Then call us, we’d like to help.