Community Bank (Oregon)
| Company type | Division of Community Bancshares |
|---|---|
| Industry | Banking |
| Founded | May 1955 |
| Defunct | May 9, 2025 |
| Fate | Acquired by Spokane Teachers Credit Union (STCU) |
| Headquarters | Joseph , United States |
Area served | Oregon, Washington |
Community Bank functioned as a commercial bank catering to clients in both Oregon and Washington, with its main office situated in Joseph, Oregon. It operated as a division of Community Bancshares.
In 2025, the Washington-based credit union Spokane Teachers Credit Union (STCU) completed the acquisition of Community Bank, subsequently rebranding all its locations under the STCU name.
History
Established in May 1955 by business leaders from Joseph, Oregon, the institution was originally named Bank of Wallowa County. The bank adopted the Community Bank name in 1991 when it expanded into Pendleton, Oregon. It maintained a network of 10 full-service branches, consisting of seven branches in northeastern Oregon and three branches across southeastern Washington.
Acquisition by STCU
On August 13, 2024, Spokane Teachers Credit Union declared its intention to purchase all assets and assume all liabilities of Community Bank. The transaction was finalized on May 9, 2025. Following the closure of Community Bank branches, they were swiftly converted to operate under the STCU brand.
Communities
Community Bank maintained branch offices in several prominent cities throughout Oregon and Washington, including Baker City, Oregon, Clarkston, Washington, Elgin, Oregon, Enterprise, Oregon, Hermiston, Oregon, Joseph, Oregon, La Grande, Oregon, Pendleton, Oregon, and Walla Walla, Washington.
External links
- fdic.gov - cert #17445