Oregon Bankers Association Releases Data On Bank Lending And Charitable Contributions Made In Oregon
Small business lending in Oregon increases
SALEM, Ore., April 9, 2013 /PRNewswire-USNewswire/ -- In a recent survey conducted by the Oregon Bankers Association, Oregon banks reported annual contributions to nonprofit and charitable organizations in excess of $14 million. In a single year, over 1,400 organizations were the beneficiaries of donations made by Oregon banks. Employees of Oregon banks also gave back to their communities personally, with over 229,000 hours of volunteer time invested.
The impact of Oregon banks' community investments are highlighted in the OBA's just released publication Oregon's Banks: Cornerstones of our Communities . The publication is available online at www.oregonbankers.com.
The publication notes that Oregon's banks extended more than $61 billion in total credit in 2011, with $2.7 billion dollars in loans to Oregon small businesses. In 2011 alone, a total of 76,727 loans were made to Oregon small businesses. This represents an increase of $277 million and 11,254 loans made to small businesses over the prior year (2010).While many Oregon businesses are still struggling to rebound from the great recession and often experience difficulty qualifying for traditional bank credit, increases in bank lending demonstrate that Oregon banks are stepping up to meet the credit needs of Oregon's small businesses. About The Oregon Bankers Association Established in 1905, the Oregon Bankers Association is Oregon's only full-service trade association representing state and national commercial banks, thrifts and savings banks chartered to do business in Oregon. More information is available at www.oregonbankers.com. SOURCE Oregon Bankers Association
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV