Tag Archives: Central Oregon Economy

Washington Trust Bank: New to Central Oregon, Not New to Banking

Washington Trust Bank Logo

Bend, Ore., October 14, 2021: EDCO welcomes Washington Trust Bank to Central Oregon. Washington Trust Bank is the largest privately held, full-service commercial bank in the Northwest, serving markets in Idaho, Oregon and Washington. As suggested in their slogan, New to Central Oregon, Not New to Banking, they have been in business since 1902 and remain focused their key values of exceptional service and dedication to the communities they serve.

We sat down with Cory Allen, Senior Vice President – Team Leader Central Oregon, to learn more about Washington Trust Bank, the local team, how they can help businesses and more.

EDCO: Tell us about Washington Trust Bank’s Central Oregon Team

Cory Allen: We have a team of five banking professionals that bring a combined 75 years of experience servicing Central Oregon communities. We’re aiming to increase our team to 12 members, upon moving into our new office location at 1203 NE 3rd street.

EDCO: How can you help businesses and who is your ideal client?

Cory Allen: We can help anyone. No matter the size, complexity of their financial situation, or industry, we are a highly experienced group of banking and financial professionals that thrive by creating unique, customized solutions to meet each of our clients’ individual needs. As an example, Washington Trust has been an exceptional provider of Paycheck Protection Program (PPP) loans throughout the Pacific Northwest, funding over 8,000 loans to local small businesses in need across the region. We’re dedicated to the health and success of the communities we have the privilege of doing business in, and we’re excited to offer our services to Central Oregon.

EDCO: What attracted Washington Trust to Central Oregon and what do you bring to the region?

Cory Allen: We were attracted to Central Oregon for its unique mixture of exceptional growth in a variety of sectors including healthcare, manufacturing, and technology, as well as, the quality of life the region offers.

We offer our full breadth of banking services to the Central Oregon community with our team of experienced bankers. Our goal is to be the premier provider of commercial, mortgage, private and retail banking serving the Central Oregon community.

EDCO: What makes Washington Trust unique?

Cory Allen: At Washington Trust, we pride ourselves on going above and beyond to provide exceptional financial services to our customers. We’re not your typical bank, we take the time to truly understand our customer and their businesses and create customized financial solutions for them. None of our customers are put in a box or pre-set template, we understand everyone’s financial situation and business is different and requires tailored solutions. We’re from the Pacific Northwest and our Central Oregon team is made of exceptional professionals.  We are so proud to work in Central Oregon and we’re dedicated to the success of our clients.

EDCO: Any recent news you’d like us to link to?

Cory Allen: For more information on our PPP lending efforts, I’d encourage businesses to read a Q&A interview of our president, Jack Heath with the Associated Press to learn more about what it means to us as well as Jack’s article in the Spokane Journal of Business to hear about his outlook on our economy.

EDCO: How do you support EDCO and why?

Cory Allen: We’re supporting EDCO because we believe that the success of our economy is determined by the health of our local small businesses. We’re proud to partner with EDCO to help provide the knowledge, resources and counsel necessary to help local businesses chart the best path forward for their future.


2021 Annual Luncheon logo


BEND, OR (June 3, 2021) – Originally scheduled for May 6th, Economic Development for Central Oregon (EDCO) has rescheduled its Annual Luncheon for Thursday, July 15th, 2021, from 11:00 am – 1:30 pm, both in-person and virtually. All previously purchased tickets will be honored for the newly scheduled date.

The EDCO Annual Luncheon will take place at the Riverhouse on the Deschutes. New this year is the opportunity to attend the event virtually. Whether joining in-person or virtually, networking and lunch will be provided. In-person attendees will also receive one of the keynote speaker’s books. In-person tickets and tables are available and on sale here. Virtual tickets and tables can be purchased here.

Additionally, for each ticket sold EDCO will donate a student ticket to the virtual program.

EDCO’s Annual Luncheon is a tradition providing the Central Oregon business community an opportunity to hear nationally (and now internationally) recognized leaders discussing topics important to the business community. With the challenges and changes surrounding the past twelve months, this year’s keynote will focus on how disorder can transform our lives for the better.

Tim Harford


Keynote Speaker

Tim Harford

International Bestseller, BBC Radio Host, Economist, TED Speaker

When Things Get Messy

The Productive Reactions to Destruction

Tim Harford has been described as ‘perhaps the best popular economics writer in the world’. He is a behavioral economist, BBC radio and TV presenter, and award-winning Financial Times columnist. Sometimes called ‘Britain’s Malcolm Gladwell’, Tim offers a distinctive blend of storytelling, humor and intelligence.

He has written nine books, including The Undercover Economist, which has sold nearly 2 million copies in over 30 languages. His BBC Radio 4 series, More or Less, offers a genial smackdown of dubious statistics, while his BBC World Service radio series Fifty Things That Made the Modern Economy was a critical success and iTunes topper. Tim’s most recent book, The Data Detective, was released this past February and his writings have won several prestigious awards, including the Bastiat Prize for economic journalism (2006 and 2016), Science and Data Commentator of the Year (2018) and more.

Tim is the only journalist to be an honorary fellow of the Royal Statistical Society, has given numerous invited lectures (including at Google) and three TED talks, which have alone been viewed nearly 10 million times.

“He’s a genius at telling stories that illuminate our world.” – Malcolm Gladwell

In-Person Tickets and Registration (book and lunch included):
$79 EDCO Members
$94 Non-Members

Tickets and tables can be purchased here.
(In-person table sponsors receive six luncheon tickets plus recognition prior to and during the event.)

Virtual Tickets and Registration (dining certificate and networking included):
$39 EDCO Members
$54 Non-Members

Tickets and tables can be purchased here.
(Virtual table sponsors receive ten luncheon tickets plus recognition prior to and during the event.)

Become an EDCO Member here.

About Economic Development for Central Oregon (EDCO)

Now in its 40th year of operations in Central Oregon, Economic Development for Central Oregon (EDCO) is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by: recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. For more information, visit www.edcoinfo.com