Home Federal Bancorp (HOME) in Nampa, Idaho, said Friday that it is closing four branches in Oregon as part of its ongoing effort to reduce overhead and improve efficiency.

The $1 billion-asset company said in a news release that the branches — two in Bend and one each in Medford and Grants Pass — would be closed be the end of February and that accounts would be shifted to nearby branches. Home Federal inherited the branches when it took over failed banks in Oregon in 2009 and 2010.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.