U.S. Bank branch closure will leave Drain with no physical banks

U.S. Bank announced plans to close two branches in Oregon, both of which are the lone in-person banking option for rural residents.

The branch in Drain will close Jan. 15, 2026, leaving the small Douglas County city with no in-town options for banking.

The nearest option is roughly 16 miles away in Cottage Grove, where a number of banks—including U.S. Bank—have branches…

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