Portland, OR (PressExposure) April 07, 2009 -- Capital Pacific Bank, a business and non-profit bank based in Portland, OR, recently hosted a panel discussion aimed at providing strategies for non-profit organizations to better navigate the current economic crisis. A crowd of over 200, including executive directors, board members, trustees and fiscal managers learned more than just tactics from the following renowned panel: Mercy Corps' CFO Steve Mitchell, who is also a director of Capital Pacific Bank, TriMet CFO Beth deHamel, Portland Impact Executive Director Susan Stoltenberg, as well as Michael Pittman, Consultant at People Solutions for Business Group.
"The recession is impacting non-profit organizations on many fronts," said Mark Stevenson, CEO of Capital Pacific Bank. "By bringing well-respected and thoughtful leaders together, we can share strategies that help board members and executive directors strengthen their organizations and maintain the fiscal soundness needed to continue to carry out their missions."
Capital Pacific Bank ( [http://www.capitalpacificbank.com] ) hosts "Getting it done" learning events throughout the year, and will also host a series of "Getting it done" luncheons to focus on tactics for non-profits to improve and adapt their organizations. As part of its community and business banking focus, the bank provides tax-exempt financing options for non-profits through the SNAP Bond developed by the Oregon Facilities Authority. As part of its community and business banking focus, Capital Pacific Bank offers interest-bearing accounts for non-profits and full FDIC coverage through its CDARS(r) program ( http://sn.im/capital_pacific_cdars ). Capital Pacific Bank is financially sound, well-capitalized, and reported profits in 13 out of the last 14 quarters.
All panelists have extensive backgrounds from many well-known non-profit organizations, whether serving as board members or in other leadership capacities throughout their respective careers. Non-profits that have benefited from panel members include OMSI, Children First for Oregon, Oregon Facilities Authority, Cascade AIDS Project, the Oregon Partnership, and Mercy Corps to name a few.
This first 2009 "Getting it done" panel discussion hosted by Capital Pacific Bank was held on February 5, 2009 at the Multnomah Athletic Club ( http://sn.im/capital_pacific_non_profits ). Admission was free. Interested participants can contact Rebecca Kent at firstname.lastname@example.org to be added to the invitee list for future events. Non-profit organizations interested in learning more about Capital Pacific Bank's financial packages developed specifically for the needs of non-profits can contact Bob Krueger at 503/542-8560 or via email at email@example.com.
About Capital Pacific Bancorp Capital Pacific Bancorp (OTCBB: CPBO) is the parent company of Capital Pacific Bank, which serves businesses, professionals and nonprofit organizations with comprehensive business banking expertise and an elite level of service. Headquartered in the Fox Tower in downtown Portland, the bank's full array of products and services are delivered through a strategic combination of highly experienced client service officers and the innovative application of technology. For more information on Capital Pacific Bancorp, past press releases or letters to shareholders, please visit [http://www.capitalpacificbank.com].
Forward looking statements Statements in this release about future events or performance are forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause the actual results of the company to be materially different from any future results expressed or implied by such forward-looking statements. Factors that could affect future results include changes in the financial condition of our borrowers, changes in economic conditions generally, deteriorating asset values caused by changing market conditions, loan losses that exceed our allowance for loan losses and fluctuations in interest rates and the impact those factors may have upon clients of the company. Other factors include competition for loans and deposits within the company's trade area, and the impact that may have upon growth or income. Although forward-looking statements help to provide complete information about the company, readers should keep in mind that forward-looking statements may be less reliable than historical information. The company undertakes no obligation to update or revise forward-looking statements in this release to reflect events or changes in circumstances that occur after the date of this release. Press Release Distribution By PressReleasePoint
Contact: Rebecca Kent Capital Pacific Bank Getting it done 805 SW Broadway, Suite 780 Portland, OR 97205 503-796-0100 firstname.lastname@example.org [http://www.capitalpacificbank.com]