People's Bank of Commerce
Ken Trautman, the President and CEO of People's Bank of Commerce since September 2008, co-founded the bank in March 1998. Previously served as President from 1998 to 2008 before taking over as President and CEO. Also held the title of Past Board President at Britt Festivals from October 2011 to December 2012. Graduated from Linfield University in 1978 with a Bachelor of Arts in Accounting and Business/Management, and completed a Finance degree at the Graduate School of Banking in Boulder, CO from 1992 to 1994.
People's Bank of Commerce
Established in 1998 in Medford, Oregon, People's Bank of Commerce was formed to provide a locally-owned and managed community and business bank for Oregon. During the past 25 years, People's Bank has grown its community banking footprint to Ashland, Central Point, Grants Pass, Jacksonville, Klamath Falls, and now in Eugene. In early 2021, the bank expanded into the Willamette Valley with the merger of Willamette Community Bank, adding branches in Lebanon, Albany and Salem. The bank also owns Steelhead Finance, an accounts receivable factoring company headquartered in Medford. Steelhead supports the transportation industry through the United States by providing cash flow and backroom management services to carriers and freight brokers. Since its inception, People's Bank has provided its customers with superior, responsive and flexible service and a friendly approach. Through conservative solid banking fundamentals and doing right by its customers, employees and community, People's Bank has prospered financially and has remained well-capitalized and positioned, even during economic downturns. It has earned an esteemed reputation as one of the top community banks in Oregon and prides itself in its steadfast commitment to its community, which helps businesses prosper and the local economy strengthen. Member FDIC. Equal Housing Lender. NMLS#421715