Baker City herald. (Baker City, Or.) 1990-current, September 02, 2021, Page 8, Image 8

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    BUSINESS & AG LIFE
B2 — THE OBSERVER & BAKER CITY HERALD
THURSDAY, SEPTEMBER 2, 2021
BANK
Continued from Page B1
Bill Bradshaw/Wallowa County Chieftain
Above, Kurt Melville, of Cornerstone Farms, harvests wheat in a dryland fi eld north of Enterprise on
Wednesday, Aug. 18, 2021. Below, Kevin Melville welds a break on the header of his combine.
DROUGHT
Continued from Page B1
drought years, Butterfi eld
said. He said the goal is
14%. The market pays a
premium if the producer’s
crop is higher than 14% and
docks the crop if it’s under
14%.
“It all depends on what
happens in the wheat
world,” he said.
It all comes down to the
water farmers were able
to get for their crops. But-
terfi eld noted that’s been a
problem this year.
“We ran out of water
to irrigate with, so that’s
another issue,” he said.
“We’ve been short of water
all year. Now we’re liter-
ally almost out of water. It
was so cold this spring, the
snow didn’t melt and then
when it did melt, it melted
really fast.”
by Oct. 14.
“If you are unable to
come in by that date, we
will safely and securely
move your box contents
to our Island City store at
3106 Island Ave., and you
will be able on to pick
them up on Oct. 29,’’ the
website said.
The Adams Avenue
branch opened in 2013,
when it combined with
the Sterling Bank branch
at that location. The
move was made after
Umpqua Holdings, the
Portland-based parent of
Umpqua Bank, acquired
Sterling Financial Cor-
poration in a $2 billion
transaction.
Once the deal was
complete, the newly
combined banks began
operating under the
name of Umpqua Bank,
according to a story
in the Sept. 18, 2013,
Observer.
Long banking legacy
If another bank does
not replace the Umpqua
Melville agreed the
drought hurt them.
“We were short on irri-
gation water,” he said. “We
wished we’d had more.”
Looking ahead
But farmers don’t
wallow in their misfortune
of one year and are eager to
move on.
“I hope next year’s a lot
better,” Melville said. “Most
people you talk to, they’re
glad this year’s about done.”
Dunham, with his six
decades of experience,
agreed.
“You keep plugging
along and take it as it
comes,” he said. “You have
to look to the future and
can’t look back.”
Davis Carbaugh/The Observer
Umpqua Bank at 1215 Adams Avenue is set to close Oct. 28. Cus-
tomer accounts will be transferred to the Island City branch
branch at 1215 Adams
Ave., a 135-year legacy of
fi nancial institutions at the
site will end.
The site’s banking story
dates back to 1886 when
La Grande National Bank
opened there after con-
structing a new building.
Twenty years later, the
bank’s one-story building
was torn down and
replaced by a larger two-
story structure. La Grande
First National Bank, later
renamed La Grande First
National Bank of Oregon,
continued operating there
through 1975, according to
La Grande historian and
author Bob Bull.
At that time, the site’s
building, then nearly 70
Now Open for Dine In
years old, was remodeled
and the structure’s second
story was removed. The
second story had housed
many businesses offi ces,
including those for attor-
neys, dentists and real
estate agents, Bull said.
Pioneer Federal Sav-
ings and Loan moved in
following the renovation,
according to the book
“La Grande 1885-1985”
by Richard Hermens and
John Turner. Pioneer Fed-
eral operated at 1215
Adams Ave. through at
least 1990.
After Pioneer Federal,
Sterling Bank operated at
the site until 2013 when it
combined with Umpqua
Bank.
Family Friendly Location
Delivery no longer available
New Menu!
Bar Bites, Wood Stone Pizza
and More!
MON-TUES CLOSED
WED-SAT 11-9 • SUN 11-7
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www.gossmotors.com
1415 Adams Ave, La Grande 541-963-4161
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