NECA Connection

Connecting You with the Industry’s Best

Compass Community Bank, Seaside, OR

Compass Community Bank

The colonial-style light fixtures, original to the Seaside Promenade, were replicated at the Compass Community Bank.

Located on Oregon’s northern coast, Seaside staked claim to being the Northwest’s most popular ocean resort for over a century. In 2007, local business leaders applied for an Oregon bank charter to better serve the 5,000-person town that understands its economic dependence on tourism and offers outdoor activities, year-round events, shopping and dining.

Compass Community Bank built its new 6,700-square-foot headquarters in the nearby business district. It will be the anchor tenant in a new 14,000-square-foot single-story building by Beach Development LLC, which is owned by Terry Lowenberg, bank organizer and director.

The bank will include an entrance/lobby area with a vaulted ceiling, a new account station, executive offices, conference rooms, a teller window/desk seating designation, vault, IT equipment facility, break area and lavatories. It also will include security protection and will be accessible to persons with physical disabilities. Beach Development selected the Albany, Ore.-based Electrical Construction Co. to lead the project.

“We’ve worked with Terry and Beach Development a lot before,” said Ron Coffman, the Astoria branch manager for Electrical Construction Co., “especially on other retail locations.”

Electrical Construction is part of the E C Co., Portland, which also owns E C Power Systems, a firm that distributes industrial power products, emergency standby systems, engines and generators.

“We are doing the complete build-out of the bank,” Coffman said. “We will do the core-and-shell on the remaining parts and then go back and do those build-outs as the other three tenants move in.” Coffman also designed the electrical systems for the project.