PORTLAND, OR--(Marketwire - Aug 6, 2012) - Capital Pacific Bancorp (OTCQB: [ CPBO ]) (OTCBB: [ CPBO ]) Board Member Ronald May was inducted into the Oregon Bankers Hall of Fame at the Oregon Bankers Association annual convention held in July. May was recognized for his leadership and outstanding contributions to the community and the Oregon banking industry. A seasoned business leader with 38 years of commercial banking expertise, May was elected to serve on Capital Pacific Bancorp's Board of Directors in 2010.

"We are privileged to have a banker of Ron's background, insight and experience on our board," said Mark Stevenson, president and chief executive officer, Capital Pacific Bancorp. "His advice and counsel continue to make a significant impact on the success of our bank. It is noteworthy that Ron's four decades of achievements garner great admiration from his fellow bankers, who nominated and endorsed him for this very high honor."

May served in the U.S. Army as a captain before beginning his banking career in 1970 with First National Bank of Oregon. There, and then later at First Interstate Bank, he held many positions over 26 years. After May left First Interstate Bank where he last served as senior vice president for consumer loan services, he spent eight years in Stockton, California where he served as executive vice president of consumer banking for Union Safe Deposit Bank. He then returned to Oregon to work for 30 months as president and chief executive officer of Pinnacle Bank of Beaverton before retiring. 

In addition to his past involvement as a member of the OBA board of directors, May has been actively involved in many community organizations, including the Beaverton Area Chamber of Commerce Board of Directors, Oregon State University Family Business Program Advisory Board, Northeast Community Development Corporation Board, First Interstate Development Corporation Board and the Greater Stockton Chamber of Commerce Board of Directors where he served as President in 2002-03. He also chaired the Humphreys College Board of Trustees while in Stockton. Currently, he serves on the Aviation Advisory Committee for Pearson Field in Vancouver, Wash. May grew up in the Beaverton area and attended Oregon State University and Stanford University. He and his wife, Janet, have two children.

The OBA's Hall of Fame was created in 1987 to recognize outstanding contributions to the Oregon banking community and communities where bankers live and work.

About Capital Pacific Bancorp
Capital Pacific Bancorp (OTCQB: [ CPBO ]) (OTCBB: [ CPBO ]) is the parent company of Capital Pacific Bank, which serves businesses, professionals and non-profit organizations with comprehensive banking expertise and an elite level of service. Centrally headquartered in the Fox Tower in downtown Portland, the Bank's full array of products and services are delivered through a strategic combination of Vice President-level client service officers and the innovative application of technology. For more information on Capital Pacific Bancorp or to see past press releases, visit [ www.capitalpacificbank.com ].