October 24, 2025 3:40 a.m. 

In the KQEN Business Spotlight:

U.S. Bank has announced that its north county branch in Drain will close on January 15th.

Company spokesperson Jake Holtrop told News Radio 93-9 FM and 1240 KQEN that clients received notification of the move earlier this month. Holtrop said the company understands that the closure of any branch is a disruption for its clients and employees and it is working to make the transition as smooth as possible for all involved. Holtrop said U.S. Bank is proud to have served its clients in Drain and hope they can continue to serve the community at its other locations in Cottage Grove and Roseburg. The Cottage Grove branch is a 17-mile drive from Drain. U.S. Bank has been the only bank serving the city of nearly 1,200 people.

Holtrop said the closure of the branch will not affect client accounts and there will be no interruption of service. Clients can also access their accounts on the U.S. Bank Mobile App or at www.usbank.com, as well as on the 24-hour banking number at 800-USBANKS.

Holtrop said that its client’s banking preferences and behaviors are changing, including a rapid migration toward digital and mobile banking platforms. Holtrop said, “As we evolve along with our clients, we are reevaluating our physical footprint, and in some instances, consolidating branch locations in select markets. Although we are closing some branches, we continue to open and enhance others, as well as rapidly enhancing our digital capacities”.

The company said the employees who wish to stay with the bank are encouraged to pursue other opportunities that may be available. This could include roles in other locations, as well as remote positions.

The downtown Roseburg branch of U.S. Bank closed at the end of April in 2024. That specific location had been open since the 1960s, though there had been a downtown office for 124 years.

U.S. Bank has 110 locations across Oregon.

Photo credit: Google Street View