Image provided by: Morrow County Museum; Heppner, OR
About Heppner gazette-times. (Heppner, Or.) 1925-current | View Entire Issue (Oct. 8, 2014)
Heppner Gazette-Times, Heppner, Oregon Wednesday, October 8, 2014 - THREE Bank of Eastern Oregon plans to acquire Bank Reale H E P P N E R — B E O To provide unequaled cus Bancorp and its subsidiary . tomer service and serve the Bank o f Eastern Oregon, banking needs of the local announced today that they Pasco community as well have entered into a defini as the outlying rural areas tive agreement to of the Columbia Ba acquire Bank Reale. sin. Bank of Eastern Oregon has served The c o m b i n e d banking operation rural eastern Oregon will have about 120 for nearly 70 years employees with to and we are excited tal assets of nearly to expand our foot $350 million. print and bring our J e f f Ba i l e y , Jeff Bailey style of banking to President and CEO the region. Bank for Bank o f Eastern Or Reale has a talented group egon, referred to the com of employees that we look mon philosophies shared by forward to bringing into our BEO and Bank Reale: “Our banking family.” goal is to expand upon and Bank of Eastern Ore execute the original vision gon, based in Heppner, was of Bank Reale’s founders: founded in 1945 as Gilliam P h o n e : ( 5 4 1 )6 7 6 -9 2 2 8 C e ll: (5 4 1 ) 9 8 0 - 6 6 7 4 F a x : (5 4 1 )6 7 6 -9 2 1 1 188 W W illo w f-Q s . P.O. B o x 3 3 7 1— 1 H e p p n e r. O R 9 7 8 3 6 County Bank in Arlington, OR. Since that time, the bank has expanded to 12 branches and five loan pro duction offices located in 11 eastern Oregon counties. The bank was founded by farmers and ranchers and views agricultural lending as key to its historical, as well as future, success. Fred Zack, Interim President and CFO for Bank Reale, said. “Both institu tions have similar cultures and philosophies when it comes to customer service and to the employees who make great customer ser vice happen. The consoli dation of Bank Reale into Bank of Eastern Oregon is a natural fit for both in other ways as well. We will now have access to their finan cial resources and added services for our existing and future customers, and they now have a platform for long-term growth in the Tri-Cities and the Columbia Basin in harmony with their core belief in supporting the communities and customers they serve.” “The banking world has seen significant changes over the past five years in terms of consolidation and economies o f scale. The acquisition of Bank Reale provides Bank of Eastern Oregon an excellent access to Pasco and rural south eastern Washington.” said Bailey. The transaction is ex pected to close during first quarter 2015, following approval by Bank Reale shareholders and final regu latory approval. The terms of the transaction are not being disclosed but involve a combination of cash and stock. Upon closing of the acquisition, the Pasco facil DA’s Report Morrow County District Attorney Justin Nelson has released the following report. -Willie Drane. 62, was convicted of Possession of Marijuana, a Class B felony reduced to a Class A misde meanor, and was sentenced to 24 months bench probation. Fines, fees and assessments totaled $800. , ! P h o n e : (5 4 1 )2 7 6 -2 1 5 2 C e ll: (5 4 1 )2 1 5 -2 2 7 4 F a x : (5 4 1 )2 7 8 -6 0 5 1 25 S W E m ig ra n t P e n d le to n , O R 97 80 1 c h ris @ s y k e s re a le s ta te .n e t | U ity will operate as a branch of Bank of Eastern Oregon, doing business as Bank o f Eastern W ashington. Commerce Street Capital, L.L.C., and LC Financial Advisors, L.L.C., served as financial advisors to Bank o f Eastern Oregon. Mc Adams Wright Ragen, Inc. served as financial advisor to Bank Reale. ijJ M d a v id @ s y k e s r e a le s t a te .n e t O w n e r /B r o k e r D a v id S y k es In fo rm a tio n d e e m e d c o rre c t n o t g u a ra n te e d B ro k er C h ris S y k es w w w .sy k e sre a le sta te .n e tw w w .p e n d le to n p ro p e rtie s.n e t ASK ABOUT CASH GRANTS FOR HOME PURCHASE Buy this cabin S have your own place in the mountains Enjoy the quiet, trees and wildlife Use the rock fire pit out back for family gatherings Comes completely furnished Appliances, furniture, washer dryer, beds, couch, dressers,TV dishes & even a big load of split and ready firewood out back Cabin is in great condition and comes with a 25X28 shop with attached snowmobile shed Come see this property and you will not want to leave 80982 ELK TRAIL LN, BLAKES RANCH W ell b u ilt hom e loca te d c lo se to do w n tow n. E njoy th e la rg e w ra p -a ro u n d p o rc h on th is c la s s ic 5 bedroom C raftsm an style house. H ardw ood flo o rs and lo ts o f fe a tu re s m ake th is a un iq u e place to live. S ched ule an a p p o in tm e n t and see inside This is the hunting place you are looking for. 1989 singlewide trailer with added metal roof. Lots of fur niture, tools, etc., included with sale Needs some work, but basics in good shape. Owner says septic, electric and plumbing works fine. Have your place in the mountains on .92 acres at Blakes Ranch 565 N GALE ST. HEPPNER Newer home located on large lot in centrally located Lex ington Very good condition Fenced Yard for kids & pets. Granite counter tops in an open space kitchen adjacent to the living room make this an ideal home for family and entertaining Outside lots of room to park all your toys Cupboards and closets everywhere for lots of storage Refrigerator, Stove, microwave & dishwasher included in sale Come See! Call Me! 460 H ST. LEXINGTON 81112 COYOTE LN. HEPPNER ff 5.6 acres $110 000 V NEW'LISTING! N e a t a n d c le a n n o m e w ith y a r d a n d g a ra g e , which could also be used as a shop. Guest room off garage with 1/2 bath. Ready to move in with little maintenance. Call for an appoint ment to see today. 375 E MATLOCK ST. HEPPNER NEW-LISTING!^ Cute 2 bedroom ready for your TLC to make it your home or a good rental property. Monitor type heater All appli ances including refrigerator, stove and washer and dryer included in sale. 640 ELDER ST. HEPPNER Estafe Sale a t this property! Thurs, Fri, Sat. Oct. 9, 10 & 11 8am - 5pm. Come & See This House! • a* 5.6 acres of buildable land near Heppner and the Willow Creek Golf Course Manufactured home okay Have a few animals Needs well drilled and septic installed to make this your home site Dee Cox Rd Heppner A former bowling alley converted to youth center and restaurant. All restaurant equipment included in sale 180 N CHASE ST, HEPPNER Acreage for Sale PRICE REDUCED! .$40,f000j 35.44 A cres inside Heppner city Commercial zoned lot located in the middle of Heppner. Property is in located in flood plain, however engineer's flood elevation has been completed. N CHASE ST. HEPPNER Here it is! one of those rare mountain properties 40 acres in the trees with your own hunting cabin Enjoy the quiet and solitude of the forrest but not too far from lots of activities Short distance to the Morrow County OHV Park Wood heat and cook stove in the cabin, but electricity is near by Good stand of healthy timber Lots of potential 69050 KINZUA RD. HEPPNER l i m i t s 3 .2 3 o u t s id e c i t y l i m i t s Has a good building spot and room for animals. Water and electricity located nearby. Heppner/Spray Highway Almost new home located close to shopping and downtown The open beam ceiling and wood stair way and railings Furniture included in sale, appli ances, bedroom sets and much more A free stand ing island in the open kitchen is part of the appeal owner put special care into constructing a well built home Second floor deck with sliding doors from each upstairs bedroom A BBQ, smoker and trailer hook up out back 415 N GALE ST. HEPPNER $365,000l T h is 4 b e d ro o m 1 b a th fix e r u p p e r has g o o d e le c tric a l, ro o f, h e a tin g u n it, fo u n d a tio n and p lu m b in g . J u s t p u t in y o u r in s id e w o rk and have you w ill a d e c e n t re ntal o r hom e fo r you to live in.La rge o v e rs iz e lot. One of the best deals in town! Golden West double wide plus Pod kitchen. Nice view of town off the deck on the back Full daylight basement means there is plenty of room in this 5 bedroom 3 bath home. Lots of furniture and personal items included in sale Included in sale washer, dryer, side by side refrigerator, stove and microwave, plus three TVs Two couches, two tables, oak chest, 2 table lamps & 1 floor lamp and a gun safe BRICE REDUCED! 345 LINDEN WAY. HEPPNER body shop and a 1 bedroom apartment newly re modeled renting for $350. Upstairs is a 2 bedroom apartment that has been completely redone renting for $375. Building has a good roof and owner says the shop has been completely rewired 145 E MAIN. LEXINGTON 220 ROCK ST. HEPPNER 215 S A ST. CONDON This nice 2007 Marlatt home is in excellent condi tion Everything was done right when this home was put in It has a deck, cyclone fenced yard and a 18 X 31 garage Ceiling fans, along with the en ergy package will keep you warm in the winter and cool in the summ er There is a den/office liv ing room and lots of extras Must see inside this one Call and schedule an appointm ent today 2 apartments and shop building fo r Sale in Lexington On the bottom floor is a former auto Small acreage close to town Can have horses or 4-H animals lor the kids 1 94 acre m/l home on the edge of town Includes metal barn with 3 bonus rooms Pasture irrigated with underground solid set system Comfort able 3 bedroom, 2 bath home with lots of extras like 3 decks and covered patio Also a living, dining, mud room and office 38 additional acres available right next 61238 HWY 207 HEPPNER Nice parcel near residential neigh borhood and also close to the new Boardman City Center. City water and sewer available 5.9 acres m/l $ 98,000 2 Bedroom near schools and downtown Heppner Just blocks from school and dow ntow n shopping, this 2 bedroom 1 1/2 bath charm er has a fenced yard for children and a separate sm all yard in the back Enjoy your reading room , living room and kitchen with w indow looking out on the street door fòM iifliì _________ 215 S COURT HEPPNER ________ at Lakeview Heights. Own one of the view lots at Lakeview Heights. 84 X 120 ap- Water, sewer, phone and power available. $25,000 LAKEVIEW CT.. HEPPNER Affordable Building Lots Available! ,84 acre to 5.95 acre lots in Emert Addition #2 lone. Utilities include - phone, water, power, septic approved. Ready to move in Great fam ily home! This hom e has 4 large bed rooms, 2 bath and is located on quiet street Split level, up stairs and downstairs is great for parents and kids to have their own space Large backyard with underground sprinkle and large garage 309 NW COLUMBIA AVE. BOARDMAN • $8,500-$10,500-$11,500-$14,500 $15,000-$17,500-$22,500 See sykesrealestate.net for map of all available lots
