Business

LAKE OSWEGO, Ore. – The City of Lake Oswego has selected six banks -- the Bank of Oswego, Banner Bank, Northwest Bank, Pacific West Bank, Umpqua Bank and West Coast Bank -- to participate in its new Community Investment Deposit Program.

The City will deposit $200,000 in each bank, subject to ongoing FDIC insurance at the $250,000 level or listing as a State of Oregon Qualified Depository for Public Funds.

The selected banks have local or regional headquarter locations and meet program criteria -- they are federally insured, offer competitive rates and support a wide range of community organizations through financial sponsorships and volunteer time.

The City initiated the Community Investment Deposit Program with the goal of stimulating community investment and supporting the business community. The City looks forward to continuing to work in partnership with all Lake Oswego banks to grow local businesses and continue support of the events and non?profit organizations that are so essential to a healthy economy and strong community.

There's a story in The Oregonian, written by Yuxing Zheng, that details the closing of a store you've probably been in a bunch of times if you live in the Lake Oswego-area.

Wizer's Lake Grove Market is getting ready to turn off the lights and close the doors to the business. The owner, Gene Wizer, said he's known since January he'd close the shop because of not only the recession, but renovations the store needed, along with the recent passing of Measures 66 and 67, that led to his decision.

The City of Lake Oswego invites citizens to see how well they know Lake Oswego by participating in the 10x10 Trivia Challenge.

The 10 x 10 Trivia Challenge begins Jan. 21 and continues through March. Participants will have the chance to win free gifts, coffee, pastries, chocolates, and more.

Each week for 10 weeks, 10 trivia questions will be released and published online at the Lake
Oswego Centennial website. Be one of the first 100 people to correctly answer the questions each week and receive a special offering at participating
retailers and businesses.

Dec. 18 is your chance to join in on the Lake Oswego Chamber of Commerce's newest tradition -- a lunch meeting.

From 11:25 a.m. to noon, join the folks over at E.A.T. at Johnny's (485 S. State Street) to grub down and get to know your neighbors.

Make some phone calls and get one, two, five or more to join you for the lunch. Then, call the restaurant (503 305-8528) for reservations.