People’s Bank of Commerce was founded in 1998 in Medford, Oregon, with the mission of serving as a dedicated community bank for the southern Oregon region. Since its inception, the bank has significantly expanded its footprint, establishing additional branches in key locations including Ashland, Central Point, Grants Pass, Jacksonville, and Klamath Falls.

In early 2021, People’s Bank further strengthened its position in the community by merging with Willamette Community Bank. This strategic merger brought not only enhanced resources but also additional branches in Lebanon, Albany, and Salem, thereby broadening the bank’s reach and service capacity throughout the Willamette Valley.

We took another exciting step forward by opening a branch in Eugene. This location reflects our commitment to growth and our dedication to serving the banking needs of more communities in Oregon. We are thrilled to bring our personalized banking services to Eugene and look forward to supporting local businesses and residents.

The bank also owns Steelhead Finance, an accounts receivable factoring company headquartered in Medford. Steelhead supports the transportation industry throughout 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 service. 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 well-positioned for growth, even during economic downturns. It has earned an esteemed reputation as one of the top community banks in Oregon and prides itself on its steadfast commitment to its community, which helps businesses prosper and strengthens the local economy.

People’s Bank, we put people first.