People’s Bank of Commerce and Willamette Community Bank have received approval for their proposed merger in two special meetings of shareholders held on February 11. Subject to the terms of the agreement, Willamette Community Bank will merge with and into People’s Bank of Commerce, with People’s Bank of Commerce surviving the merger.

Ken Trautman, CEO of People’s Bank, commented, “We are pleased with the progression of closing the transaction and look forward to the enhanced synergies with merging the two companies.”