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Civic Organization Pays Off Building Loan A Decade Early

    The Umatilla Fraternal Order of the Eagles #4491 celebrated two milestones on Saturday.  While marking its 21st anniversary of service to the greater Umatilla community, nearly 100 members gathered at the club’s Maxwell Road building on Saturday to celebrate the occasion as well as celebrate the early payoff of the building’s mortgage.
    The club was founded in space inside the Save-A-Lot plaza, and several years later purchased land behind the plaza and built its current meeting hall.  The cost was $388,000, and in 2017 the mortgage was amended to around $400,000.  However, in recent years the club began directing more than $9,000 per month toward the loans principle, resulting in the note being paid off nearly a decade early.
    State-level representatives of the organization were on hand Saturday to support the hours-long event, and received a $500 donation from the club toward the organization’s ongoing support of children’s health needs. The group enjoyed live entertainment as well as a complimentary BBQ dinner with side dishes.
    Charter member of the Umatilla Club, Stephen Peshek, on Saturday spoke about how far the group has come during its existence in Umatilla, and specifically noted the efforts of club officer Eric Felgemacher, who Peshek says was a big reason the club was able to pay its mortgage off so early.
    “Eric figured that out.  He’s the one who deserves a ton of credit for leading that effort and getting it done.”