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The new bank will be called "Bank of the Cascades" and CEO and President Terry Zink will be at the helm of the new, bigger bank.

 

He says it's been an amzing couple of years for the bank.

 

"We're a little bit like a phoenix raising from the ashes.  We were counted out.  But we're stable now and able to grow.  And I'm absolutely convinved that community banking is an essential part of smaller communities."

 

The Board of Directors of both banks have approved the merger and regulators are expected to approve it in early 2014.

 

This merger will allow Bank of the Cascades to expand to the Eugene market.

 

With this acqusition, Bank of the Cascades will have a 27 market share in central Oregon.

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  • Click on the link for the latest conditions on the mountain passes.

 

  • North 3rd St >< Division and O.B. Riley Rd, single lane N-Bound (6/15-8/30)
  • South 3rd St >< Wilson and Reed Ln, single lane closures South Bound 5a-2p (8/30)
  • Construction at 27th Street . Northbound Lane Closed from Ferguson to Bear Creek.  Detour in place.
  • O.B. Riley Road South-bound lane closed south of Mervin Samples Rd (12/17)
  • Butler Market East-bound lane closed E of 4th St. for sewer construction. (12/17)