Press Release: Willamette : Willamette Community Bank Announces Closing of $7.2 Million Private Placement

ALBANY, Ore., Feb. 14, 2018 /PRNewswire/ -- Willamette Community Bank (OTC PINK: WMCB), a commercial bank headquartered in Albany, OR, today announced the completion of a private placement of $7.2 million of its common stock, positioning the Bank to continue to grow its Oregon franchise. In the offering, the Bank issued shares of its common stock at a purchase price of $9.00 per share, for a total gross consideration of approximately $7.2 million.