EXHIBIT 99.2



                             VALLEY COMMERCIAL BANK

                            NOTICE OF SPECIAL MEETING
                                 OF SHAREHOLDERS

          A Special Meeting of shareholders of Valley Commercial Bank ("Valley
Bank") will be held at 10:00 a.m., Pacific Time, on __________, 1994, at Valley
Bank's offices at 615 Sixth Street, Clarkston, Washington to consider and act
upon an Agreement and Plan of Reorganization dated as of March 7, 1994 (the
"Plan of Reorganization"), between West One Bancorp ("West One"), West One Bank,
Washington ("West One-Washington") and Valley Bank, which agreement provides for
the merger of Valley Bank into West One-Washington, a wholly-owned subsidiary of
West One.

          Upon the consummation of the Plan of Reorganization, each holder of
shares of Valley Bank Common Stock will be entitled to receive, in exchange for
each share of Valley Bank held as of the effective date of the Plan of
Reorganization, that number of shares of West One Common Stock calculated by
dividing the $11,676,250 purchase price (plus certain accretions as defined in
the Plan of Reorganization) by the average closing price (as defined in the Plan
of Reorganization) of West One Common Stock and by further dividing the number
so reached by the number of shares of Valley Bank Common Stock that are issued
and outstanding as of the effective date of the merger.

          Dissenting shareholders will be entitled to payment of the value of
only those shares which are voted against approval of the Plan of
Reorganization.

          The Board of Directors has set __________, 1994, as the record date
for determining shareholders entitled to notice of and to vote at the Special
Meeting.

          By order of the Board of Directors

Dated:  July __, 1994.


                                             ___________________________________
                                             Gerald D. Wilson, Chairman



          Please mark, sign and return the enclosed proxy in the envelope
provided.