Friday, January 27, 2012
LOCAL AND PACIFIC NORTHWEST BANKING: From the 2008 Financial Crisis Onward
What impact has the 2008 financial crisis had on banking locally and in the Pacific Northwest? How have banks in these areas, and the government, responded to that crisis? Have their responses been effective? What is the future of banks in these areas? Hal Brown is Chief Executive Officer of Pacific Continental Bank and its parent company, Pacific Continental Corporation. He will give us his answers to these questions and others at this program.
Pacific Continental is the only publicly-traded company headquartered in Eugene (listed on Nasdaq as PCBK). Founded in 1972, it focuses on the banking needs of community-based businesses, health care professionals, professional service providers, and nonprofit organizations in Oregon and Washington.
Hal worked his way up to the top managerial position at Pacific Continental since being hired there as a cashier in 1985. As a community volunteer, he currently serves on the Board of Directors of Pacific Source Health Plans, a locally-headquartered, nonprofit health insurance company. Formerly, he served on the Board of United Way of Lane County. Occupy Eugene has been protesting Wall Street banking irregularities and our community’s failure to adequately meet the needs of homeless people. In light of recent events, it is especially noteworthy that Hal is a banker who served on the Board of ShelterCare, an organization that addresses the needs of homeless people in Lane County.
