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Local News


 

Klamath Falls was on the verge of not having a community bank -

 

Monday - The Bank of the Cascades announced they would buy the AmericanWest branches associated with Klamath Falls. BOC President and CEO Terry Zink says community banks are a big part of any local economy-  and they hope to make a noticeable difference in Klamath Falls.

 

"One of the things I believe strongly in is that there needs to be an alternative for people to the really big  banks - and community banking is really built for these more rural markets where you are really involved in the local community - you're part of what's going on....and it really matters what happens there- where with some of the bigger banks- they just have a branch there and they don't really have roots in the communities."

 

The deal would also impact some customers in the Bend and Redmond area.  BOC would assume the AmericanWest customers, deposits and some loans of its Bend and Redmond branches.  The deal is pending approval by regulators and is expected to close in the fourth quarter of this year. 

 

Each of the three branches were PremierWest Bank  branches prior to acquisition by AmericanWest Bank earlier this year.

 

 

 

Traffic & Weather

 

 

 

King Solomon Lane closed between Ferguson Road and King David. (7/25)

 

Jones Road, full road closure between Bennington Lane and NE Butler Market Road. May 18 – August 18, local access only.
 

Oregon State University off-site improvements for intersection reconstruction, July 11 – August 3,    7 a.m. – 4:30 p.m., at intersection of Chandler Avenue and Yates Drive.

 

Orion Drive closed in two locations for sewer work; at the intersection with Avery Lane and between Desert Woods Drive and King Hezekiah Way.  From July 11 to Sept. 6. Detours marked.

 

Valhalla Sewer Relocation Project, Mt. Washington Drive at Shevlin Park Road intersection and North to Regency Street. Nighttime closures with detours marked during roundabout construction. Daytime closures for construction towards Regency Street.    7 p.m. – 7 a.m., July 11 – November.

 

R.A.B. Construction:

 

Murphy Road and Parrell Road closed with detours. (9/30)

 

Powell Butte Highway at Neff and Alfalfa Market Roads (8/31)

 
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