Community Bank (Oregon)

Community Bank was a commercial bank that served customers in Oregon and Washington. The bank was headquartered in Joseph, Oregon, and was the subsidy of Community Bancshares.

Community Bank

Formerly	Bank of Wallowa County
Company type	Private
Industry	Banking
Founded	May 1955; 70 years ago (1955-05)
Defunct	May 9, 2025 (2025-05-09)
Fate	Acquired by STCU
Headquarters	Joseph, Oregon
Number of locations	10
Key people	Tom Moran, CEO Jim Fortner, CFO Kirk Amick, CCO Bruce Morehead, COO
Total assets	$570,000,000 (2022)
Number of employees	81 (2024)[1]
Website	communitybanknet.com

In 2025, Washington-based credit union Spokane Teachers Credit Union (STCU) acquired Community Bank and rebranded the branches as STCU.^[2][3][4]

History

Community Bank was founded in May 1955 by Joseph, Oregon business leaders. At that time, the bank was named Bank of Wallowa County. The bank's name was changed to Community Bank in 1991, when the bank expanded out of Wallowa County into Pendleton, Oregon. The bank had operated 10 full-service branches, 7 in north-eastern Oregon and 3 in south-eastern Washington.^[5]

Acquisition by STCU

On August 13th, 2024, Washington-based credit union Spokane Teachers Credit Union (STCU) announced plans to acquire all assets and liabilities of Community Bank.^[6][7][8][9]

On May 9th, 2025, Community Bank shutdown their branches and redirected their website to STCU, the following week the branches were rebranded as STCU.^[10][11]

Communities

Community Bank had branches in the cities of Baker City, Oregon, Clarkston, Washington, Elgin, Oregon, Enterprise, Oregon, Hermiston, Oregon, Joseph, Oregon, La Grande, Oregon, Pendleton, Oregon and Walla Walla, Washington.^[5][4]