Oregon Bancorp Raises Quarterly Dividend by 33%

SALEM, Ore.--()--Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), the parent company of Willamette Valley Bank, announced today that its Board of Directors has approved an increase in its quarterly cash dividend to $0.20 per share. This represents an increase of 33% from its previous quarterly dividend of $0.15 per share. The dividend is payable on April 17, 2018 to shareholders of record as of April 2, 2018.

ABOUT OREGON BANCORP, INC.

Oregon Bancorp, Inc. is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon. The Bank operates full-service branches in Salem, Keizer, Silverton, and Albany, Oregon. The Bank also operates Home Loan Centers in Bend, Eugene, Grants Pass, Medford, Portland, Tualatin, and West Linn, Oregon, Spokane, Newport and Vancouver, Washington, and Coeur d’Alene, and Meridian, Idaho. For more information about Oregon Bancorp, Inc. or its subsidiary, Willamette Valley Bank, please call (503)485-2221 or visit our website at www.willamettevalleybank.com.

Contacts

Oregon Bancorp, Inc.
Neil Grossnicklaus, 503-485-2222
President and Chief Executive Officer
neil@wvbk.com

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Release Summary

OREGON BANCORP RAISES QUARTERLY DIVIDEND BY 33%

Oregon Bancorp, Inc.