Washington's STCU Plans Acquisition of Community Bank in Oregon

If approved by regulators and shareholders, the deal is expected to close in 2025.

By Peter Strozniak | August 13, 2024 at 05:20 PM

The $5.8 billion Spokane Teachers Credit Union (STCU) in Liberty Lake, Wash., said Tuesday it expects to close a deal to acquire the $548 million Community Bank in Joseph, Ore., by the early part of 2025, pending regulatory and shareholder approvals.

Continue Reading for Free

Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
Educational webcasts, white papers, and ebooks from industry thought leaders
Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com

NOT FOR REPRINT

Growth Strategies

1 Former Credit Union Branch Manager Sentenced for Murder-for-Hire Plot

2 Judge Orders Full Restitution Be Paid to CU by Former Employee in Theft Case

3 'We've Only Just Begun'

4 Shared Accounts With CU Times: NCUA's Todd Harper's Newsworthy Year & What's Ahead

5 The New Fundamentals of Auto Lending

Credit Union Times Luminaries Awards 2024
November 07, 2024 - Orlando

This event shines a spotlight on the individuals, teams, projects and organizations that are changing the financial industry.
More Information
Consulting
Consulting Best Firms to Work For 2024
September 12, 2024 - New York

Consulting Magazine identifies the best firms to work for in the consulting profession.
More Information
GlobeSt. Multifamily Fall 2024
October 15, 2024 - Los Angeles

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
More Information

Ignite CU Unveils New Acquisition Plan of Latvian Heritage FCU

By Michael Ogden | September 11, 2024

The plan comes after Ignite finalized its merger with BlueOx CU earlier this summer.

Ignite CU Unveils New Acquisition Plan of Latvian Heritage FCU

Credit Union Auto Loan Share Rises — Barely

By Jim DuPlessis | September 11, 2024

Experian shows credit unions originated 23% of new and used auto loans in the second quarter, up 20 basis points from the first quarter.

Credit Union Auto Loan Share Rises — Barely

Credit Unions Across Eight States Name New CEOs

By Peter Strozniak | September 11, 2024

Stefanie Rupert takes over the helm at Corporate America Family Credit Union for Peter Paulson.

Credit Unions Across Eight States Name New CEOs

50 Essential Shadow IT Statistics for 2024 link

Article

Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
Exclusive discounts on ALM and Credit Union Times events.
Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now

Instant Insights /