Portland-based Umpqua Bank is said to be giving serious consideration to opening a branch in Hillsdale.
Well, not exactly a branch, because Umpqua prefers to call its branches "stores."
Hillsdale's Umpqua "store" could end up where the abandoned Estby gas station is according to my source. The gas station is slated for demolition in the new year.
If Umpqua does open a branch in Hillsdale, it would join Key Bank and The Bank of America in the town center.
Umpqua's "store" concept is meant to differentiate its branches and give them a more "community feel."
An Umpqua outlet in Hillsdale would be the bank's fifth in Portland.