Oregon Bankers Association Presents the 2007 Community Applause Awards to the Portland Valve and Fitting Company and The Corvallis Clinic

Salem, OR, December 21, 2007 --(PR.com)-- The Oregon Bankers Association (OBA), in partnership with the Independent Community Banks of Oregon (ICBO) and the Oregon Business magazine, recently announced that the Portland Valve and Fitting Company and The Corvallis Clinic are the recipients of the 2007 Community Applause Awards. The award competition was open to all Oregon banks to nominate their business customers in recognition for their service in the community.

During the recent OBA/ICBO Annual Directors & Officers Winter Conference, the OBA’s Chairman Rich Brown presented a commemorative plaque to representatives from both companies and each received a $1,000 check to be donated to a non-profit organization of their choice—The Portland Valve and Fitting Company selected the Albertina Kerr Center and The Corvallis Clinic selected its own charitable foundation, The Corvallis Clinic Foundation.

“The Portland Valve and Fitting Company and The Corvallis Clinic exemplify the ideal recipients of the Community Applause Award for their remarkable contributions to their respective communities,” said OBA’s President and CEO Linda Navarro.

Nominated by Lisa Faust of Pacific Continental Bank, Portland Valve and Fitting Company won in the Business with less than 50 employees category for their generous volunteer work with organizations such as the Beaverton Education Foundation and the Albertina Kerr Centers.

The Corvallis Clinic won in the Business with more than 50 employees category, and was nominated by Citizens Bank’s Bill Humphreys, Jr. The Corvallis Clinic is profoundly committed to its community and provides an average of 2,000 volunteer hours each year, sponsors numerous events, and donates thousands of band-aids to deserving organizations.

The clinic’s Corvallis Clinic Foundation was founded over 50 years ago by a group of doctors with a vision and desire to support the local community and provide health care to those unable to provide for themselves.

The OBA also honored retired banker, Esther Loewen, for her 62 years of banking service at Wells Fargo and its predecessor owners, First National Bank of Portland, First National Bank of Oregon and First Interstate Bank of Oregon. Loewen, 82, started at the bank in February 1944 and served the evolving financial needs of her customers with integrity until her retirement in October 2007.

“In all the years Esther spent in the service of the bank, she has always been a model of loyalty and enthusiasm,” says Dave Frosaker, Loewen’s manager at Wells Fargo.

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

Oregon Bankers Association
Casey Boggs