ILWACO, Wash. - Shorebank Corp. of Chicago broke new ground a generation ago rebuilding inner-city neighborhoods. The privately held company gained a national reputation for transforming a failing bank into a profitable one with $850 million of assets, and for its commitment to communities that traditional banks tend to ignore.

The company focused mainly on urban areas until three years ago, when it opened Shorebank Pacific in this small town and and created a model for blending environmental activism, small-business investment, and community banking in rural areas.

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