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Archive Home > 2009 > October > 28 > West Coast Bancorp raises needed capital

West Coast Bancorp raises needed capital


October 28, 2009

Lake Oswego-based West Coast Bancorp, which operates two West Coast Bank branches in Bend, announced Monday it has raised $155 million to comply with a cease and desist order the company recently agreed to with federal and state regulators.

The money was raised with an issuance of preferred....

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