SOURCE: Columbia Commercial Bancorp

Columbia Commercial Bancorp

August 25, 2014 15:05 ET

Columbia Commercial Bancorp Completes Name Change to Premier Commercial Bancorp

HILLSBORO, OR--(Marketwired - Aug 25, 2014) - Columbia Commercial Bancorp (OTCBB: CLBC) announces that it has officially completed its name change to Premier Commercial Bancorp and has obtained the new ticker symbol of "PRCB." 

In April 2014 the shareholders of Columbia Commercial Bancorp approved a proposal to amend its articles of incorporation and change its name to Premier Commercial Bancorp, which is reflective of the new name for its primary operating subsidiary, Premier Community Bank. "It is important that our holding company and bank name mirror one another and that we differentiate ourselves from other financial institutions and businesses in the marketplace that use 'Columbia' as part of their name," said Rick A. Roby. "It's important to emphasize that these changes are in name only and we are still the same independent, locally owned, holding company and bank that our clients have known and trusted for years."

In regards to the name change from Columbia Community Bank to Premier Community Bank back in December 2013, prior to that time the bank's leadership team, in conjunction with a branding partner, spent several months conducting extensive research and analysis to determine a new name that would reflect the bank's unique identity and value to the business community. And at that time Mr. Roby stated, "We chose the name Premier Community Bank because it is distinctive and speaks to the type of services we offer our clients and the word 'community' is still our middle name because it reflects our personal connection with the communities where we conduct business."

About Premier Commercial Bancorp
Premier Commercial Bancorp, the new name for Columbia Commercial Bancorp, was formed in 2002 as a holding company for Premier Community Bank, the new name for Columbia Community Bank, which was opened in 1999 by local business people to deliver loan and deposit product solutions through experienced and professional bankers to businesses, nonprofits, professionals, and individuals throughout Washington County and the greater Portland metropolitan area. The Bank has been named among the "100 Best Companies to Work for in Oregon" by Oregon Business Magazine for 2009, 2011, 2012 and 2013.

Information about the Company's stock may be obtained through the OTCQB marketplace at www.otcmarkets.com. Premier Commercial Bancorp's stock symbol is now (OTCQB: PRCB).

For more information about Premier Commercial Bancorp, or its subsidiary, Premier Community Bank, call (503) 693-7500 or visit our website at www.pcboregon.com. Information contained in or linked to our website is not incorporated as a part of this release.

Contact Information

  • Contact
    Rick A. Roby
    President and CEO
    (503) 693-7500