Siuslaw Bank
Company Profile
Siuslaw is a community bank with 10 offices, all in Lane County. We provide banking services, such as deposit, cash management, mortgages and loans, to small and midmarket businesses, service professionals, commercial property owners, and residents throughout Lane County. We are proud of our partnership with the Allpoint ATM Network, where our customers can use over 53,000 surcharge-free ATMs nationwide and in Mexico, Europe & Australia.
History of Siuslaw
Siuslaw Bank was originally chartered for the single purpose of fulfilling the need for banking services in the small rural town of Mapleton, Oregon, located in Western Lane County. As the new bank gained a reputation for its services and community commitment, a petition signed by 150 business people from Florence convinced shareholders to move the bank's head office to Florence in 1968.
Siuslaw expanded into the Willamette Valley by opening branches, first in the community of Pleasant Hill in 1973 and then later in Cottage Grove in 1975. A private banking office was opened in Eugene in 1988, followed by the acquisition of a savings and loan branch at Oakridge in 1988 and the acquisition of the Community Bank of Creswell in 1989.
In 2002, bank offices were opened on Main Street in Springfield and in the Valley River Village complex in Eugene. Our 10th branch is located in Veneta. This office opened in September 2004 and is a convenient stop to visit between Eugene, Mapleton and Florence.
Board of Directors:
Siuslaw Bank's board of directors is a group of experienced local business people and bankers with a wide range of professional backgrounds. Their deep roots in Lane County, along with extensive experience, make them one of the most dynamic groups around.
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F. David Crowell of Eugene, formerly with Davidson Industries of Mapleton, was appointed to the bank board in 1993. David also serves on the board of Grange Insurance Association, based in Seattle. He is a past President of the Associated Students of Oregon State University and a past student member of the State Board of Higher Education. Mr. Crowell graduated from Oregon State University with a Bachelor of Science degree in Business Administration and also earned a Master of Business Administration from OSU. |
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C.W. (Wilbur) Heath of Cottage Grove is the retired president of Heath Logging Company, a company founded by his father in 1936. He is a past president of the Pacific Logging Conference and served as president of the Associated Oregon Loggers in 1969 and again in 1983. He is a member of the board of directors of the Oregon Aviation Museum and the Cottage Grove Healthcare Foundation.
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Johan Mehlum, a native of Norway, has served as chief executive officer of the bank since its founding in 1964. He was also instrumental in organizing the Community Bank of Creswell and served as its chairman for nine years. Mehlum also played a major role in developing the Northwest Intermediate Banking School at Lewis and Clark College and served as its first chairman. He has served on the board of Western States Bankcard Association and the Western Independent Bankers. He is a past president of the Oregon Bankers Association and served the American Bankers Association as vice president in Oregon.
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Ivan Ellingson joined the Board of Directors of Siuslaw Financial Group and Siuslaw Bank in the fall of 2008. Ivan is a Mapleton native, graduating from high school there in l959 after which he attended University of Oregon and graduated (l963) with a B.S. degree in Business Administration. He and his wife, Diane, returned to Mapleton when Ivan retired a few years ago from a food brokerage firm in California. Ivan’s father, Joe Ellingson, was one of the founders of Siuslaw Valley Bank in l963.
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Casey Woodard, president of Woodard Family Foundation and former Chief Executive of the Sacred Heart Medical Center Foundation, was appointed to the Siuslaw Bank Board of Directors in 2009. Woodard, a third generation Oregonian and co-owner of Kimwood Corporation in Cottage Grove, is an advisor to numerous community organizations in the areas of strategic planning and fund development. For the past five years, Woodard worked as the Chief Executive of the PeaceHealth/Sacred Heart Medical Center Foundation where, with a staff of 30 people, he successfully raised $40 million over four years toward construction of RiverBend. He led the recruitment process for his successor and today retains a consulting role with PeaceHealth.
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