Centennial Bank Announces Plans for a New Office At Mary's Woods Retirement Community.Business Editors PORTLAND, Ore.--(BUSINESS WIRE)--Dec. 8, 2000 Centennial Bank (Nasdaq:CEBC CEBC Center for Ethical Business Cultures (University of St. Thomas) CEBC Consulting Engineers of British Columbia CEBC Centre d'Études Biologiques de Chize CEBC Conselho Empresarial Brasil-China CEBC Centre For Evidence-Based Conservation ) announced today that it has received FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). approval for a new branch at Mary's Woods, a new retirement community near Marylhurst University Marylhurst University is a private Catholic university located in Marylhurst, Oregon 20 minutes south of Portland on the Willamette River. The University's adjunct instructors are comprised of working professionals recognized in their fields – leaders, managers, marketers, . The office will be opened primarily to service the banking needs of Mary's Woods community residents and employees of Mary's Woods. The branch address is 17400 Holy Names Drive in Lake Oswego Lake Os·we·go A city of northwest Oregon, a residential suburb of Portland. Population: 35,800. . The new office will be furnished in January and is planned to open by mid-February. This will be Centennial Bank's sixth retirement center branch in the Portland area. "We are very excited to have this opportunity to serve the banking needs of residents located at Mary's Woods," said Ted Winnowski, President and Chief Executive Officer of Centennial Bank. "Mary's Woods at Marylhurst has been designed to be an exceptional continuing care continuing care a professional convention that a veterinarian who is treating an animal is obliged to continue treating that case unless an arrangement is made with its custodian to transfer the care to another practitioner or to a specialist. community, and Centennial Bank is proud to be a part of it." "The new Mary's Woods branch continues the rapid expansion of our banking organization, marking our fourteenth office throughout the greater Portland area," continued Mr. Winnowski. "It's an excellent addition with our other Portland retirement offices. We are now one of the largest providers of bank services to the retirement community in the region. It's an area where we excel, and we plan to look for additional opportunities when they present themselves." "The bank has a strong reputation for personal attention and local management, which was high on our list," said Diane Hilton, Mary's Woods Executive Director. "We are very pleased to be working with Centennial as our banking services partner." Centennial Bank delivers a full offering of personal and business services including Ultra Rate Accounts, Fifty Plus Accounts, debit and credit cards, and lending products. With the opening of the Mary's Woods office, Centennial Bank will offer a total of 21 offices from Vancouver, Washington
Vancouver, Washington is a city on the north bank of the Columbia River, in the state of Washington, USA. It is the county seat of Clark County. to Cottage Grove Cottage Grove, village (1990 pop. 22,935), Washington co., SE Minn., near the St. Croix River; inc. 1965. There is farming (cattle, sheep, corn, and soybeans) and manufacturing (chemicals and machinery). . Twelve are in Portland, two in Vancouver, Washington, one in Salem and six in Lane County. Other Centennial retirement center branches include Calaroga Terrace Office, Holladay Park Office, Terwilliger Plaza Office, Town Center Village Office and Willamette View Office. This release contains forward-looking statements within the meaning of the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Act of 1995, including statements concerning the continued financial performance of the company and its plans and opportunities for expansion. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially than those expected. Specific risks include, but are not limited to, general business and economic conditions, as well as other factors listed from time to time in Centennial Bancorp's SEC reports. |
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