In mybook® Services Collection (edit)

Added to your services collection.
Removed from mybook!

We took this business out of your services collection.

Sponsored Links
Hours

Regular Hours

Extra Phones

Phone: (503) 538-3134

Fax: (503) 538-0370

TollFree: (877) 272-3678

Categories
Banks, Commercial & Savings Banks, Financial Planning Consultants, Loans

Coupons

No deals available. Claim this business to add deals.
Claim this business

Reviews

Hi there!
Rate this business!
First-classBetter than mostAbout what I expectedNot the worst...Disappointing
Click to Rate
Share Review

Like this review? Share it on your social network to get the word out!

Scott Mills

12/29/2010

Provided by Citysearch - 
Overall
West Coast Bank is a modern day carpetbagger

My company was a loyal WCB customer for 7 years plus. In 2008 and 2009 WCB became financially weakened by non-performing loans from irresponsible lending practices. I was concerned that WCB might fail leaving my company no credit line for payroll but my WCB reps reassured and convinced me to remain with WCB. In 2010 when most banks were not accepting new business customers WCB notified me that they would begin charging $30k per yr to renew our operating and equipment lines; an extraordinary fee for two small lines of credit. The reps explained that the new fee barely covered the high cost of lending to a small business that was unprofitable during the recession. I believe WCB imposed the high fee because they thought I had no alternative but to pay their outrageous fee. Finding a bank willing to provide a payroll line was indeed difficult but two banks offered me credit lines with no fees and low interest rates.

Sponsored Links
We just redesigned yp.com! Do you like it?
× Not a Fan

× Thank You!

Feedback