- CEO
- Jason Wessling
- Full Time Employees
- 16
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 2040 8th Avenue West Linn OR United States of America 97068
- IPO Date
- May 9, 2007
- Business
- Pacific West Bancorp (PWBK) is the bank holding company for Pacific West Bank, which provides commercial banking products and services to businesses, non-profit organizations, and individuals in the Pacific Northwest. The bank offers deposit products including checking accounts, savings accounts, money market accounts, and certificates of deposit; commercial real estate loans, equipment term loans, business acquisition loans, and SBA 504 loans; executive credit lines, capital expenditure lines of credit, and operating lines of credit; as well as treasury management services such as online banking, bill pay, mobile banking, remote deposit capture, ACH origination, online wires, positive pay, debit and credit cards, merchant/credit card processing, and insurance. Pacific West Bank operates branches in the greater Portland metropolitan area, including West Linn, Lake Oswego, and Portland, Oregon, as well as Vancouver, Washington.
Founded in 2004 and headquartered at 2040 8th Avenue in West Linn, Oregon, Pacific West Bancorp focuses on relationship-driven banking for small and medium-sized businesses. The company serves customers in the regional banking sector, emphasizing tailored financial solutions for local enterprises and organizations.
In January 2023, Pacific West Bank formed the holding company Pacific West Bancorp, transitioning its stock to trade under the OTC symbol PWBK. Recent developments include a strategic partnership with Unit, a banking-as-a-service platform, announced in April 2023 to enhance service offerings; market expansion into Vancouver, Washington, with a new team in March 2023; and leadership promotions in May 2024, featuring a CEO transition and key appointments. In 2025, the bank reported net income in its quarterly results, including $130 thousand for the second quarter, reflecting ongoing loan growth with totals reaching $272.1 million by the third quarter of 2024.