BEO Bancorp to acquire four area Umpqua branches
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February 7, 2019
Heppner, Ore – With 2018 numbers looking good, Bank of Eastern Oregon continues its expansion into eastern Washington. Banks in Colfax, Dayton, LaCrosse and Pomeroy are slated to open in February.
“We are pleased with the 2018 results. Solid earnings for 2018 and an improved renewal season for our agricultural borrowers are encouraging for the year ahead, but time will tell,” said bank President and CEO Jeff Bailey in a press release.
“It is also important to note that our application with the FDIC to acquire the 4 Umpqua branches (Colfax, Dayton, LaCrosse, and Pomeroy, WA) has been...
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