Data / Bank failures / Oregon
Bank failures in Oregon: 31 banks since 1942
31 banks in Oregon failed between 1942 and 2010, holding $10.41 billion in assets and $7.78 billion in deposits. The FDIC estimates the cost to its insurance fund at $991.7 million. The FDIC also assisted 7 open banks without closing them. The largest: The Ben Franklin FS & La ($4.62 billion), Far West FSB ($2.07 billion), Columbia River Bank ($955.1 million). By decade: 1940s 1, 1950s 1, 1980s 26, 1990s 3, 2000s 4, 2010s 3.
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| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Libertybank | Eugene | July 30, 2010 | $714.6 million | $692.7 million | $51 million | Home Federal Bank |
| Home Valley Bank | Cave Junction | July 23, 2010 | $250.5 million | $227.9 million | $28.1 million | South Valley Bank & Trust |
| Columbia River Bank | The Dalles | January 22, 2010 | $955.1 million | $908.1 million | $54.9 million | Columbia State Bank |
| Community First Bank | Prineville | August 7, 2009 | $199.5 million | $180.7 million | $73.6 million | Home Federal Bank |
| Silver Falls Bank | Silverton | February 20, 2009 | $134.2 million | $116 million | $39.1 million | Citizens Bank |
| Pinnacle Bank | Beaverton | February 13, 2009 | $71.9 million | $64.2 million | $10.2 million | Washington Trust Bank |
| Bank of America Oregon N.A. (assistance) | Portland | January 16, 2009 | $11.53 billion | $500,000 | ||
| Far West FSB | Portland | May 23, 1991 | $2.07 billion | $1.29 billion | $313.6 million | |
| The Ben Franklin FS & La | Portland | February 21, 1990 | $4.62 billion | $3.22 billion | $132,513 | Bank of America, FSB |
| Family Federal Savings | Dallas | January 11, 1990 | $164.2 million | $100.7 million | $4.2 million | Washington FS&LA |
| Jackson County Fsa (assistance) | Medford | December 30, 1988 | $266.1 million | $275 million | $72.4 million | Jackson County FS&LA |
| American Home Savings (assistance) | Salem | December 15, 1988 | $403 million | $382.7 million | $145.3 million | American Home Savings A FSB |
| Peoples S&LA | La Grande | September 23, 1988 | $22.5 million | $19.8 million | $19.3 million | |
| Lewis and Clark State Bank | Lake Oswego | December 11, 1987 | $20.3 million | $19.8 million | $2.5 million | Key Bank of Oregon |
| Future S&LA | Albany | April 10, 1987 | $57.6 million | $57.7 million | $15.8 million | |
| Umpqua S&LA | Roseburg | January 16, 1987 | $108.2 million | $88.5 million | $11.9 million | |
| Columbia Community Bank | Hermiston | October 3, 1986 | $5.3 million | $5 million | $1 million | Inland Empire Bank |
| Lincoln S&LA (assistance) | Portland | July 23, 1986 | $261.7 million | $230.4 million | $25.2 million | Rainier Bank, NA |
| State FS&LA | Corvallis | December 6, 1985 | $563.9 million | $443.9 million | $249 million | Washington FS&LA |
| Citizens S&LA | Salem | December 4, 1985 | $239.7 million | $153.5 million | $85.2 million | Freedom FS&LA |
| Western Heritage FS&LA (assistance) | Pendleton | August 1, 1985 | $175.1 million | $134 million | $8.8 million | Benj Franklin FS&LA |
| Bank of Oregon (assistance) | Woodburn | May 31, 1985 | $117.1 million | $97 million | $18.8 million | Bank of Oregon |
| First State Bank of Elgin | Elgin | April 12, 1985 | $18.2 million | $15.8 million | $4.9 million | United States NB of Oreg |
| Coast Community Bank | Harbor | January 11, 1985 | $9.1 million | $8.5 million | $1.4 million | Security Bank of Coos Co |
| First American Banking Company | Pendleton | November 16, 1984 | $18.6 million | $15.3 million | $2.2 million | Inland Empire Bank |
| Bank of the Northwest | Eugene | August 31, 1984 | $21.8 million | $19.8 million | $1.2 million | First Interstate BK of O |
| Stewardship Bank of Oregon | Portland | June 8, 1984 | $6.3 million | $5.8 million | $1.1 million | |
| United Bank of Oregon | Milwaukie | March 2, 1984 | $17.3 million | $16.1 million | $3.1 million | United States NB of Oreg |
| Emerald Empire Banking Co. | Springfield | February 3, 1984 | $22.3 million | $21.3 million | $2.4 million | Citizens Valley Bank |
| The Deschutes Bank | Redmond | October 7, 1983 | $10.2 million | $10 million | $4.3 million | United States NB of Oreg |
| Oregon Mutual Savings Bank (assistance) | Portland | August 5, 1983 | $265.7 million | $251.3 million | $11.9 million | Oregon Mutual Savings Bank |
| Heritage Bank | Ashland | April 29, 1983 | $18.5 million | $16.3 million | $4.5 million | Valley of the Rogue Bank |
| Bear Creek Valley Bank | Phoenix | March 25, 1983 | $13.6 million | $11.2 million | $4.8 million | Valley of the Rogue Bank |
| Columbia Pacific BK & TR Co. | Portland | March 18, 1983 | $47.4 million | $45.7 million | $213,427 | |
| High Lakes Community Bank | La Pine | October 23, 1981 | $3.7 million | $3 million | $1.2 million | Prineville Bank |
| Northwest Commerce Bank | North Bend | June 19, 1981 | $6.7 million | $5.2 million | $1 million | Citizens Bank of North B |
| The First National Bank of Halfway | Halfway | March 17, 1958 | $1.4 million | $1.4 million | ||
| The Harney County National Bank of Burns | Burns | August 29, 1942 | $1.1 million |
Other states
- Alabama 39
- Alaska 13
- Arizona 44
- Arkansas 45
- California 265
- Colorado 103
- Connecticut 48
- Delaware 4
- District of Columbia 8
- Florida 199
- Georgia 135
- Guam 1
- Hawaii 6
- Idaho 8
- Illinois 229
- Indiana 52
- Iowa 83
- Kansas 124
- Kentucky 47
- Louisiana 167
- Maine 6
- Maryland 36
- Massachusetts 59
- Michigan 46
- Minnesota 81
- Mississippi 38
- Missouri 136
- Montana 19
- Nebraska 54
- Nevada 17
- New Hampshire 20
- New Jersey 112
- New Mexico 32
- New York 104
- North Carolina 30
- North Dakota 43
- Ohio 61
- Oklahoma 183
- Pennsylvania 73
- Puerto Rico 17
- Rhode Island 7
- South Carolina 23
- South Dakota 44
- Tennessee 80
- Texas 911
- U.S. Virgin Islands 1
- Utah 30
- Vermont 5
- Virginia 54
- Washington 38
- West Virginia 19
- Wisconsin 51
- Wyoming 29
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.