Housing and jobs, especially for our young people, are important for a strong business environment in Southern Oregon, says the president of the People’s Bank

Jamie Lush / Mail Tribune Julia Beatty is the new president of the People’s Bank.

Editor’s note – Community Builder is an up-to-date Q&A series featuring the perspectives of local people who have made a difference in Southern Oregon. Today’s discussion is with Julia Beatty, President of the People’s Bank.

Q: Congratulations on being the new president of the People’s Bank.

Julia: Thank you. It is a great honor to have the opportunity to be the President of the People’s Bank, and I am very humble. Public Bank was established approximately 24 years ago. We have had a similar president since the bank’s inception, with Ken Trauman as its chief executive. Being the second president of the bank is a big responsibility, and I do not take it lightly.

Q: Where did your bank interest come from?

Julia: I have a strong legacy in Community Bank. My grandfather, along with five other masters, established a bank called Munster State Bank in my hometown of Texas. It opened in July 1923. My grandfather served as my uncle and now my cousin Robert as president. My father served on the bank for many years. So, Community Bank has always been the most popular part of my life.

Q: What differentiates a community bank from a general bank?

Julia: Community support, real community support. It is a good example of our efforts to support local businesses. When a business comes to us with a loan request, we realize that sometimes their real interest is not what they originally thought. We want to be their advocate and meet their needs creatively. Another difference is the commitment of the community to support civic and charitable efforts. Community Bank is really looking for opportunities and trying to be fair in what they do for the community. Our efforts in the wage protection program were a recent example of our commitment to the community. PPP loans are for small businesses made during the COVID epidemic to enable federal loans to raise wages and businesses. In total, Bach made a total of $ 141 million in loans to 1,650 PPPs. They were all on board.

Q: What does it mean to get PPP loans for businesses and nonprofits?

Julia: PPP loans were essential for many local businesses to remain open and to pay their employees. They do not want businesses to close because of a very serious but relatively short-term problem. The stories are amazing. Without those PPPP loans, businesses told us, “I can’t do it.” Our local businesses and the community as a whole have seen the impact of our bank and other local financial institutions working hard for their interests.

Q: Tell us how the bank collected the victims of the Almeda fire.

Julia: A few days after the Almeida fire, Ken Trauman decided to talk to our staff to see if they would be willing to give their end-of-the-year bonus to the relief effort. We set up the People’s Bank Foundation many years ago, but we didn’t have enough corpses to start donating to the community. The workers agreed to donate some $ 215,000 to the Fire Relief Foundation. The bank donated $ 1 million in just a few days. Members of the community donated another $ 180,000 to jump on board. Realizing that there was a great need for emergency housing, we arrived at a few local hotels and prepared accommodations for firefighters. He paid $ 215,000 for the emergency housing. Necessary financial support for pre-licensing and reconstruction costs We have provided support to some organizations, especially the Gateway project in capacity. We will continue to look for opportunities to support medium- and long-term housing survivors.

Q: From your point of view, what is the state of business in Southern Oregon? Is it promising?

Julia: We are now at such a challenging time out of COVID. Thanks to PPP loans, we have been able to help save a lot of good business. Many are improving. I believe that many businesses can rebuild their financial position and continue to be successful. Surprisingly, despite our challenges, the overall business climate is very strong.

The strength of our local economy depends on the profitability of our small businesses. We need to continue to strengthen our infrastructure to support and grow local businesses. One area is the need for manpower housing. We are in dire need of affordable housing. We must also work with our state government to make Oregon a commercially viable state. We must send the message that Oregon is a commercial state, and we will not send that message now.

I think the work environment is promising. We have a lot to offer in Southern Oregon. We need to focus only on overcoming obstacles and boosting business growth.

Q: You have participated in various charities in the community in charities. Which one stands out?

Julia: About 12 years ago, I was invited to join the Gordon Elwood Foundation Relief Committee, where I was asked to serve on the board of directors. The Gordon Elwood Foundation is a local charity that supports community needs in five Southern Oregon counties. He has opened his eyes to the vastness of interest in our territory. I did not know much about the magnitude and extent of the obstacles that could prevent people from succeeding. On the positive side, it is heartwarming to see the number of nonprofits working incredibly hard to meet their needs.

Q: So how did a woman who grew up in a small town in Texas come to southern Oregon?

Julia: My future husband, Brian, was graduating and was interested in working in the helicopter industry. Arrive at the Erickson Air Crane to inquire about employment. With a job and a degree, I got married on the one hand and moved to Southern Oregon in 1992. I grew up in a family of seven. My older brothers and sisters were very active in the military, along with my parents. Many of my brothers joined the army and moved on. I never thought we would be here 30 years later. Southern Oregon has been a beautiful place to raise our children and a happy place for Brian and me. When we arrived, we did not know anyone. But together we created a very rewarding, beautiful life in Southern Oregon.

Q: What is most clear to you now?

Julia: Well, two things come to mind. One is that I believe we have great hope in our youth. The more I get around our young people, the more confident I am that we will have a big series for our generation if we continue to support them. I know that there are many people who do not see some of the great things happening in our youth. Unfortunately, they see this in the media. I recently visited my son at the University of Arizona, and met some of the most exciting young people in the world. Enthusiastic, happy, hardworking. Central Point Rotary Club recognizes students every month. The maturity of these young people is amazing.

We must continue to work together to address the needs of the unlucky. I think of my time growing up in Munster. We had such a village in terms of the concept of “village takes over.” When I was a teenager, there were many disabled people in our area who needed help. They were cared for by their parents, and everyone in the city looked after them. Families are now so fragmented and sometimes broken that support may not be available. These special people should be treated with respect and love. We need to provide additional resources to help our needy citizens.

Q: What is important to you?

Julia: My wife Brian is my pillar and she gives me incredible support. All three are important to me. Working outdoors with our three children was a challenge. I could not do it without the support of my wife and children.

I was thinking of the qualities that I admire. My mother is very wise. She raised seven children. When my children were young, I asked, “What can I do to help my children become better people?” I asked her. “Teach them the virtues of life,” she told them. … I must admit that I must seek the virtues of life. I found a book called “Your Children’s 12 Important Virtues for Life.” What I see most are those of integrity and humility. My father is very special to me as a person of great loyalty and humility. The other two virtues above my list are strong work ethic and compassion. The people I admire most have those qualities.

Steve Boyarsky is a retired teacher and longtime resident of Rogi Valley. He continued to participate in education and youth programs.

Julia Betty Bio

Julia BTT has been with Community Bank in the Rogi Valley since her move from Texas in 1992.

She received a degree in business administration from Bayerler University in 1984 and an MBA from the University of Texas in 1986.

A.D. In 1992, she joined Western Bank as a business lender, and in In 2003, she joined the South Valley Bank and Trust business lenders. A.D. In 2013, she went on to work as a commercial lender for a public bank and in 2015, she became a chief lender. A.D. He promoted her to the presidency in 2020.

She has served on the board of various organizations as the president of the Central Point Rotary Club, of which she has been a member for approximately 25 years. She is the director of the Gordon Elwood Foundation and the president of the Public Trade Foundation. She and her husband, Brian, have three adult children, Aduri, 24, Elizabeth, 22, and John, 20. In her spare time, she enjoys walking, skiing, and socializing with good friends.