The Trust Department of South Valley Bank & Trust has been merged into Oregon Pacific Bank's (ORPB) Trust and Wealth Management division to serve as part of ORPB’s fiduciary services organization.
ORPB is yet to receive approval from Washington Federal to acquire South Valley Bank & Trust.
South Valley trust department former vice president Diane Dombras said, "Oregon Pacific Bank gives our clients a firm foundation with expanded services, and more financial management options than ever."
"Our clients who have wills, trusts, agency accounts or conservatorships, can look forward with total confidence to our continued dedication to client service and to the backing of an institution with deep roots and expertise in wealth management."
Dombras has been named as vice president and manager of ORPB’s Trust and Wealth Management unit in Medford office, as part of the merger.
Established as a state-chartered bank on 17 December 1979, ORPB was headquartered in Florence, Oregon, and introduced its Trust and wealth management services in 1996 to provide a range of financial services to its servicing communities.