Bank failure · OR
Columbia Community Bank (Hermiston, OR) — failed October 3, 1986
Columbia Community Bank of Hermiston, Oregon was closed on October 3, 1986 and resolved through a purchase and assumption. Inland Empire Bank (OR) took over its insured deposits. At failure it held $5.3M in assets and $5.0M in deposits. The FDIC's estimated loss on the failure is $1.0M (19.9% of assets).
- Closing date
- October 3, 1986
- FDIC certificate #
- 22869
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Inland Empire Bank
- Insurance fund
- FDIC
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