People’s Bank expands

MEDFORD, ORE. —Medford based People’s Bank is expanding.  It announced Thursday that it’s merging with Willamette Community Bank.

Combined, the two banks will have $710 million in total assets and operate 9 branches in southern Oregon and Willamette Valley markets.

The transaction was unanimously approved by the two boards and is expected to close in the first quarter of 2021.

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Jenna King
NBC5 News Reporter Jenna King is a Burbank native. She graduated from the University of Oregon with a degree in Broadcast Journalism and a minor in Sports Business. During her time at the U of O, she was part of the student-run television station, Duck TV. She also grew her passion for sports through interning with the PAC 12 Network. When Jenna is not in the newsroom you can find her rooting for her hometown Dodgers, exploring the outdoors, or binging on the latest Netflix release.
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