People's Bank of Commerce
People's Bank of Commerce is a community bank in Medford, Oregon, operating as a division of People's Bank, serving consumers, small businesses, and nonprofits in southern Oregon with checking, savings, loans, treasury management, and specialized programs such as Quick Flex Loans and a fee-free Nonprofit Program.
- Company typePrivate
- Founded1998
- HeadquartersMedford, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What People's Bank of Commerce does
People's Bank of Commerce is a community bank headquartered in Medford, Oregon, founded in 1998 and operating as a division of parent People's Bank. It serves individual consumers, small businesses, and nonprofit organizations across the southern Oregon region through a network of physical branches, a web-based online banking platform, and dedicated commercial lending officers. The bank's product set spans business and personal checking and savings accounts, treasury management, commercial and small business loans (including Quick Flex Loans of $25,000 or less), personal loans, mortgage servicing, debit and credit cards, and specialized programs such as the fee-free Nonprofit Program and the PB Roundup savings tool. Technology integrations include QuickBooks Direct Connect and Autobooks, which embed banking workflows into small business accounting environments, and a dedicated Small Business Lending Center that concentrates commercial loan origination.
The bank generates revenue through a mix of net interest income from lending activities (commercial, small business, consumer, and Quick Flex Loans up to $25,000), fee income from deposit and treasury management services, interchange from debit and credit card transactions, and ancillary services such as mortgage servicing. Its wholly-owned subsidiary Steelhead Factoring extends the commercial offering into receivables financing. The bank is FDIC-insured, holds NMLS #421715, and uses routing number #123206736. Ownership sits under a holding company structure (PBOC Financial Corporation) that issues quarterly results and cash dividends, while day-to-day ownership character remains community-based with locally held shares. The go-to-market model is relationship-driven and locally managed, supported by digital channels (website, Facebook, Instagram) and an external investor relations site, with no public stock listing and no private equity or venture capital ownership detected.
People's Bank of Commerce firmographics
Firmographics- Name
- People's Bank of Commerce
- Legal name
- People's Bank of Commerce
- Website
- https://peoplesbankofcommerce.com
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- People's Bank of Commerce is a community bank in Medford, Oregon, operating as a division of People's Bank, serving consumers, small businesses, and nonprofits in southern Oregon with checking, savings, loans, treasury management, and specialized programs such as Quick Flex Loans and a fee-free Nonprofit Program.
- Ownership category
- akta.pro rank
People's Bank of Commerce industry classification
Industry- Product category
- Community Banking
- NAICS
- Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (522180), Sales Financing (52222)
- SIC
- State Commercial Banks (6022), National Commercial Banks (6021)
- akta.pro primary industry
- Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)
- akta.pro secondary industries
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB), Credit Cards & Revolving Credit (FSABAAAC), Financial Inclusion & Basic Banking (Unbanked/Underbanked, Low-Fee Accounts) (FSABAAAL), Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)
Keywords
Where People's Bank of Commerce is headquartered
LocationHeadquarters
- HQ city
- Medford
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
People's Bank of Commerce business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Business Banking Services: Business checking, savings, and deposit accounts generating fee income and float on deposits. Includes treasury management services for commercial customers.
- Commercial and Small Business Lending: Commercial loans, small business loans, Quick Flex Loans ($25,000 or less), and mortgage servicing generating interest income and loan fees.
- Consumer Banking: Personal checking, savings accounts, mortgage servicing, debit cards, and credit cards serving individual consumers.
- Nonprofit Banking Program: Fee-free banking program designed specifically for nonprofit organizations, generating deposits and cross-sell opportunities.
- Credit Cards: Credit card issuance and interchange revenue from card transactions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Nonprofit Fee-Free Program |
| Other | Pay-as-you-go | Quick Flex Business and Nonprofit Loans |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
People's Bank of Commerce product offering
Product offeringCore offering
People's Bank of Commerce is a community bank providing deposit accounts, lending products, treasury management, and digital banking services to small businesses, nonprofits, and individual consumers in southern Oregon. It sells business and personal checking and savings accounts, commercial and consumer loans (including Quick Flex Loans of $25,000 or less), credit and debit cards, mortgage servicing, and specialized fee-free nonprofit banking programs through a combination of physical branches and an online/mobile banking platform.
Product overview
People's Bank of Commerce is a traditional community bank offering a unified banking platform with multiple product categories for both personal and business customers. The core offerings include checking and savings accounts, loans (personal, business, and Quick Flex Loans for small businesses under $25,000), credit cards, and eBanking services. The bank differentiates through specialized programs like the Nonprofit Program (fee-free accounts), the PB Roundup savings tool, and Treasury Management services for businesses. Additional services include Autobooks for business accounting integration, QuickBooks Direct Connect, and mortgage servicing. The product architecture is organized by customer segment (Business and Personal) with shared infrastructure including online banking, debit/credit cards, and security features.
Differentiator
Problem solved
Functional benefit
Brands
- Steelhead Factoring: Factoring services offered as a division of People's Bank.
Products and services
- Business Checking Business checking accounts designed to fit the specific needs of small businesses, providing deposit and transaction services for commercial customers.
- Business Savings Business savings accounts to help businesses grow and manage their finances.
- Business eBanking Web-based online banking platform for business customers to access accounts, perform transactions, and manage finances anytime and anywhere.
- Treasury Management Services designed to help businesses save time and money through efficient management of cash flow and financial operations.
- Business Loans Commercial lending services provided through the bank's Small Business Lending Center with experienced loan officers, supporting small business financing needs.
- Quick Flex Loans
Companies that use People's Bank of Commerce
Customer profileSegments3 records
Ideal customer profiles3 records
People's Bank of Commerce technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature3 records
People's Bank of Commerce partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Steelhead FactoringminorSteelhead Factoring operates as a division of People's Bank of Commerce, providing factoring services as part of the bank's commercial banking offerings.
Scale indicators1 record
Recent moves6 records
Expansion highlights5 records
People's Bank of Commerce competitors and assessment
Company assessmentDirect peers
- OnPoint Community Credit Union: Large Oregon-based credit union operating across the Portland metro and statewide, competing for the same personal banking, SMB deposit, and consumer lending relationships in Oregon.
- Rogue Credit Union: Credit union headquartered in the same Medford, Oregon market as PBOC, directly competing for the same local SMB, nonprofit, and consumer deposit and lending relationships in southern Oregon.
- WaFd Bank: Pacific Northwest community and commercial bank offering deposit, lending, and small business banking products across Oregon and Washington with a comparable regional community-bank model.
- Columbia Bank (Columbia Banking System): Pacific Northwest community bank formed via the Umpqua-Columbia combination, serving SMB and consumer customers across Oregon and Washington with business banking, treasury, and lending products comparable to PBOC.
- Umpqua Bank: Pacific Northwest-headquartered community/commercial bank with a similar full-service business and consumer banking model across Oregon, including SMB lending and treasury management offerings directly comparable to PBOC's.
- Oregon Pacific Bank: Independent Oregon-based community bank with business and personal banking services, SBA and small business lending, and a similarly community-led GTM in Oregon markets.
Emerging players
- Bluevine: Digital SMB banking and small business credit provider offering online checking, payments, and working capital lines—an emerging competitive threat for PBOC's Quick Flex Loans and SMB deposit franchise.
Broad incumbents
- U.S. Bank: Large national bank with deep Oregon branch and SMB banking presence, providing the strongest incumbent benchmark against which PBOC competes for commercial deposits, treasury management, and small business credit.
- Wells Fargo: One of the largest U.S. banks with significant Oregon operations and full-service consumer and small business banking products, representing the scale competitor that PBOC's community-led model is partly positioned against.
Regional players
- SELCO Community Credit Union: Oregon-based credit union offering consumer and business banking products including loans and deposits, directly contesting PBOC's personal and small business relationships in Oregon markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
People's Bank of Commerce social profiles
Digital presencePeople's Bank of Commerce compliance and trust
Trust signalCompliance4 records
People's Bank of Commerce financial estimates
Financial estimateRevenue estimate
Valuation estimate
People's Bank of Commerce leadership team
Management profileNumber of profiles
Profiles1 record
People's Bank of Commerce subsidiaries and ownership
Company hierarchySubsidiaries1 record
People's Bank of Commerce funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
People's Bank of Commerce M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about People's Bank of Commerce
What does People's Bank of Commerce do?
People's Bank of Commerce is a community bank providing deposit accounts, lending products, treasury management, and digital banking services to small businesses, nonprofits, and individual consumers in southern Oregon. It sells business and personal checking and savings accounts, commercial and consumer loans (including Quick Flex Loans of $25,000 or less), credit and debit cards, mortgage servicing, and specialized fee-free nonprofit banking programs through a combination of physical branches and an online/mobile banking platform.
Is People's Bank of Commerce a public or private company?
People's Bank of Commerce is a private company. It is classified as unknown and is currently operating.
When was People's Bank of Commerce founded?
People's Bank of Commerce was founded in 1998. It employs 101 to 250 people.
Where is People's Bank of Commerce based?
People's Bank of Commerce is headquartered in Medford, United States, in the North America region.
How does People's Bank of Commerce make money?
Five revenue lines are on record. Business Banking Services are the primary driver. The others are commercial and Small Business Lending, consumer Banking, nonprofit Banking Program and credit Cards.
Who are People's Bank of Commerce's main competitors?
Direct peers on record are OnPoint Community Credit Union, Rogue Credit Union, WaFd Bank, Columbia Bank (Columbia Banking System), Umpqua Bank and Oregon Pacific Bank. Bluevine is listed as an emerging player. Broad incumbents are U.S. Bank and Wells Fargo. SELCO Community Credit Union is listed as a regional player.
Does People's Bank of Commerce have an API?
No public API is recorded for People's Bank of Commerce.
What industry is People's Bank of Commerce in?
People's Bank of Commerce's product category is Community Banking. Its primary akta.pro industry code is FSABAAAI, Small Business Banking (Microbusiness/Sole Proprietor), with a secondary code of FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 5221 and its SIC code is 6022.