Tag: US Bank

US Bank Property Sells to EyeHealth Northwest

Last month, the former US Bank location on NE Glisan street sold to a prominent eye care specialist. On March 5th, a Quick Claim Deed filed with Multnomah county shows United States National Bank of Oregon sold the building, and surrounding parking lot, to EyeHealth Northwest. Located at 6701 NE Glisan Streetthe site has remained vacant since the bank permanently closed in late 2020.  

EyeHealth Northwest operates a chain of eye clinics in the Portland-Metro region. Locations offer optometric services, including eye exams and eyewear sales. This property’s proximity to Providence Medical Center makes this an ideal place for the healthcare provider.

The quick sale of the site is a good indication of NE Glisan’s continued economic growth. Nearby businesses should see an increase in foot traffic when EyeHealth Northwest opens this office.


Disclosure: EyeHealth Northwest employs a relative of the author. However, that person did not provide information about the sale.

Glisan Chase Bank Closed

The Chase Bank, located at 6615 NE Glisan Street, has closed. Situated inside the Fred Meyer grocery store, this branch was one of the last banks providing teller services to the neighborhood. A US Bank branch also closed on Glisan street last October.

The permanence of the branch closure is not confirmed. However, this location disappeared from the Portland branch locater page on Chase’s website. The Chase logo over the bank entrance is now gone, and the space is empty of all furniture. Last week crews removed the built-in teller windows and countertop.

Currently, Fred Meyer appears to have inventory items stored inside the space on pallets. Both Fred Meyer and Chase declined to respond to inquiries regarding this location. A remodel may be planned, but indications point to Chase Bank removing this branch from the area. Being valuable space near the entrance, Fred Meyer will likely repurpose this room sometime in 2021.

US Bank Branch Closing

Montavilla’s closest U.S. Bank branch is closing as part of a statewide reduction. Located at 6701 NE Glisan Street, the 1962 era branch is just outside the boundary of Montavilla. It, along with 26 other Portland branches, will close permanently on November 1st.

The Oregonian published the complete list of closures yesterday, announcing employees at those locations would lose their jobs. Many terminated employees are allowed to reapply for new roles within the company. This round of closures is a relatively large number for the Portland founded banking giant.

Safe deposit customers at this location have until December 1st to retrieve their items. Customers should call 888-713-9299 to arrange access to the safe deposit items.

United States National Bank Of Oregon owns the building on NE Glisan. It is unknown if the bank will sell the property. However, other recently closed U.S. Bank locations have sold after closing. The former branch at 3233 N Lombard Street sold this summer for $1,035,000.

The NE Glisan property spans the block’s entire width between NE 67th Ave and NE 68th Ave. Attached to this property are two full-sized residential lots fronted on NE 68th Ave. They currently provide parking for the bank. This property would be an ideal location for a multistory apartment building with some ground-floor retail. It is high on the Glisan hill, potentially providing excellent views on the upper floors. The site is adjacent to a Fred Meyer grocery store and walking distance from a Max station.

U.S. Bank customers that used this branch should consider visiting the location at 10220 SE Washington Street. Montavilla has very few banks in the area. However, the nature of banking has changed recently, thanks to technology making app-based banking more accessible. With some luck, this location will soon become a beneficial space for the community again.