Taking Steps to Help Our Community Recover

As governments, businesses, and communities begin to emerge from the struggle caused by the recent COVID-19 pandemic, Willamette Community Bank stands ready to ensure our community rebounds faster — and better than ever.

Adjusting to a “new normal” is never easy. But the federal government, in conjunction with local banks like ours, has put several programs in place for small- and medium-sized businesses (SMBs) to gain a firm footing as they move forward from the economic downturn.

One of the most critical tools provided was the Paycheck Protection Program (PPP). This program that offered SMBs 100% federally guaranteed loans to help them emerge from this crisis stronger than ever.

At Willamette Community Bank, We are Happy to Help

As a preferred SBA lender, Willamette Community Bank was excited about helping our local businesses keep their employees on the payroll. And we’re enormously proud of the tenacity, the courage, and the service our clients have shown as they continue to provide much-needed services to our local community.

We’d like to highlight some local businesses that we’ve helped through the Payment Protection Program and showcase their contributions to our community.

Family YMCA of Marion and Polk Counties

As the largest provider of childcare services in Marion and Polk Counties, the Salem Family YMCA is a much-needed participant in the health and wellness of our community.

They serve over 600 children every day at 22 sites and continue to meet the health and fitness needs of over 5,000 members.

With school and work schedules in disarray, childcare resources continue to be a critical element for many families as they adjust to new work and home situations. Also, the kind of activity and exercise you can find at the YMCA is essential for not only physical but emotional wellbeing as friends and families begin to come together once again.

Chris Ray, Willamette Community Bank Relationship Manager, was thrilled to be able to serve this long-standing community service organization by helping them secure their PPP loan.

A Peek at Their Experience with Us
This is what Sam Carroll, the CEO of the Family YMCA of Marion and Polk Counties, said about the quality of our service:

“The service we received from Willamette Community Bank in seeking out the PPP loan program was nothing less than spectacular! The customer service was spot on, and with their help and counsel, we were able to secure a loan that provided us the financial stability to survive the crisis and allow us to continue our great work!”

We are so excited that this important organization is able to move forward and continue to provide much-needed services to the people in our community — and we’re thrilled that we were able to be a part of their continued success story.

Albany Box Company

Albany Box Company is a family-owned and operated business in Albany that provides boxes and supplies related to shipping, moving, and storing items. They opened their doors in 2001 with limited equipment and products. Since then, they have continued to grow and upgrade their machinery, which has allowed them to offer more products and services. Once situated in a small warehouse, they now have over 53,000 square feet of space to create some of the best packaging supplies in the world!

A Peek at Their Experience with Us
Jon Knowles, President, and CEO of Albany Box Company was so thrilled with their interaction with Willamette Community Bank, that they’ve decided to transfer all their financial relationships to Willamette Community Bank!

He wrote us to say,

“We had been with a “national/global” bank for 44 years personally, and 19 years in business banking. When the SBA PPP round 1 became available, we found our application could not be accepted because our S-Corp had more than one owner. Even after working with a regional V.P., we missed the opportunity even to apply. Along came Kathy Giddings and the team at Willamette Community Bank. They worked tirelessly to fight for our business to apply and helped us be successful in obtaining much-needed PPP funds in round 2. Truly a community and team effort. We will be moving our business to Willamette Community Bank—they have earned it.”

Jon first started Albany Box Company because his job at the time was forcing him to relocate across the country, and he didn’t want to leave the Pacific Northwest, and we are thankful that he stayed!

Boys and Girls Club of Albany

The Boys and Girls Club of Albany provides educational and recreational activities for boys and girls in a safe and supervised environment. Their nationally recognized programs help young people learn life skills, stay healthy, succeed in school, and explore interests and vocations to develop self-esteem and become caring citizens of our community.

At Willamette Community Bank, we already have a warm relationship with this organization, participating in their Celebration of Trees each year to help them fund activities like summer camps, athletic programs, childcare programs, and more programs that support families in our area.

When they came to Monica Hall, Electronic Banking and Cash Management Officer for help processing their PPP application after another bank overlooked their request, she was eager to begin!

A Peek at Their Experience with Us
Tim Reid, the Board of Directors Chair, was glad to be able to continue the Club’s community service:

“Thanks so much for helping us out in such a big way. This will be quite a relief as we strive to keep the Club up and running, serving the kids in our area under extremely difficult circumstances.”

And John Anderson let us know he was happy with our quick processing time.

“You work quick! That was the fastest turnaround ever. This is the best news. Thank you so much for playing the loan officer for the Boys & Girls Club. We really appreciate it.”

We know how much this organization contributes to our community and the people in it. We were honored to be able to assist them with their business goals.

Heather Search, LTC

Located in Lebanon, Heather Search, LTC offers services for personal taxes, corporate taxes, estate taxes, 1099 taxes, trust taxes, and partnership taxes. She has provided professional tax services to individuals and businesses in the Willamette Valley for over two decades!

A Peek at Their Experience with Us
Heather had this to say about the PPP loan process with Kathy Giddings, Relationship Manager.

“My experience with Willamette Community Bank has been fantastic. I applied for the PPP loan when it was first available. Kathy Giddings was so wonderful to work with. She provided me with the application and what was needed for documentation to apply for the loan. I had worked with my clients with other banks with the PPP loan and found that Willamette Community Bank was always at the forefront with the latest information. Kathy kept me informed all through the process and was able to get the funding quickly and without any issues.

Thank you again for all you do for your customers. You go above and beyond.”

We are honored to be able to assist businesses of all sizes during this difficult time.

The Battery Source

Located in Salem, Oregon, Batteries and Bulbs Plus offers thousands of batteries and light bulbs. Their in-store “We Fix It” service provides same-day iPhone, iPad, screen and battery repairs. The family-owned business has been working with Willamette Community Bank’s Larry Goodreau for over 25 years.

A Peek at Their Experience with Us
Tony and Miguel Perez had this to say about the PPP loan process with Larry Goodreau, Relationship Manager.

“Tony and I wanted to send Willamette Community Bank and you, in particular, a HUGE Thank You for shepherding our loan through the PPP nightmare. I have been hearing from fellow franchisees across the US today who dealt with the large banks and were not as lucky to have a business partner like you.

Pretty neat that you came through for us almost exactly 25 years after the first SBA loan you wrote for us. I wish my dad were here to celebrate the anniversary with us, but I am sure he is up there smiling down on all of us.

It’s been a great 25 years!”

Your success matters to us.

Thank you to our customers and communities for trusting Willamette Community Bank as your financial partner during these trying times. We’ve issued Payroll Protection Program loans to over 145 local businesses totaling more than $26 million, helping to keep the doors open and nearly 3,300 employees working.

At Willamette Community Bank, we’re committed to helping SMBs from all over our local area to get back to the business of . . . business!

More News

Willamette Community Bank Announces Q2 Earnings

For immediate release: July 17, 2020 Contact: Joan Reukauf, President and Chief Executive Officer(541) 926-9000 or jreukauf@willamettecommunitybank.com Willamette Community Bank Reports Second Quarter Earnings Albany, OR – July 17, 2020-…
Read more »

Willamette Community Bank COVID.19 Update

Since we opened our doors in 2003, our mission is to support our local communities. Our mission is the foundation upon which Willamette Community Bank was built. We want to…
Read more »

Willamette Community Bank Announces Q1 Earnings

For immediate release: April 22, 2020 Contact: Joan Reukauf, President and Chief Executive Officer (541) 926-9000 or jreukauf@willamettecommunitybank.com Willamette Community Bank Reports First Quarter Earnings Albany, OR – April 22,…
Read more »

Coronavirus Disease 2019 (COVID-19): Frequently Asked Questions

Why are the bank lobbies closed? We chose to close our lobbies to protect our employees and our customers and implement preventative strategies to preserve public health. This is part of…
Read more »

More News