Bend bank wraps up bank acquisition

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Tuesday, May 20, 2014

Bank of the Cascades purchased Home Federal Bancorp for $265.7 million.

The bank will provide $2 billion in credit to small businesses and individuals over the next three years, and will deliver $175,000 in philanthropic giving to nearly 100 organizations over the coming month,” Bend-based Cascades said in announcing completion of the deal.

Bank officials described any changes Cascades will be making in Lane County as additions, rather than subtractions.

Read more at the Register-Guard

 

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