Banks are mostly closed on weekends anyway, so the permanent shuttering of the downtown Albany branch of US Bank didn’t make it look any different on Sunday afternoon.
The branch was closed effective Saturday, Jan. 2. Because of the Covid epidemic, the doors had been closed to customers except by appointment since early in the year.
The bank had called its downtown location the “Community Branch.” Its other Albany branch, the Santiam Branch at Santiam and Waverly, remains open.
The downtown branch’s demise is one of 35 in Oregon that US Bank announced in October, including 26 in the Portland area and nine downstate. At the time the Minneapolis-based company said it was closing 400 branches nationwide.
When the Albany closure was announced, county tax records said the building’s owner was Hoyt Corporation, a real estate firm in Minneapolis. But there seems to have been a change in ownership since.
Now the owner of the building at 205 Ellsworth St. S.W. is listed as Mittleman Properties, with the tax bills still going to US Bank Properties in Minneapolis. Mittleman Properties is a Portland real estate firm.
The change in ownership took place last month, on Dec. 15. The assessor’s online record shows the “sales price” as zero, so it’s hard to tell whether it was a sale or something else.
The building had been a bank for 63 years. U.S. National Bank of Oregon built it in 1957.
On Sunday, a day after the announced closure of the branch, the ATM in the Ellsworth Street wall still seemed to be operating.
What will become of the building on this prominent corner downtown? I have no idea. When I find somebody who knows and is willing to tell me, I’ll let you know. (hh)