31 failures since 1934 · $992 million estimated loss
Bank failures in Oregon
Oregon has 31 bank failures on FDIC record since 1934, 0.9% of the national total and the 33rd-highest count of any state or territory. The worst year was 1984, with 5. Since 2000 there have been 6; the most recent was LibertyBank on July 30, 2010. The largest by assets was The BENJ. Franklin Federal Savings and Loan Association of Portland, with $4.6 billion, in 1990.
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| July 30, 2010 | LibertyBank | Eugene, OR | $715 million | $51.0 million |
| July 23, 2010 | Home Valley Bank | Cave Junction, OR | $250 million | $28.1 million |
| January 22, 2010 | Columbia River Bank | The Dalles, OR | $955 million | $54.9 million |
| August 7, 2009 | Community First Bank | Prineville, OR | $200 million | $73.6 million |
| February 20, 2009 | Silver Falls Bank | Silverton, OR | $134 million | $39.1 million |
| February 13, 2009 | Pinnacle Bank | Beaverton, OR | $71.9 million | $10.2 million |
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| May 23, 1991 | Far West Federal Bank, S. B. | Portland, OR | $2.1 billion | $314 million |
| February 21, 1990 | The BENJ. Franklin Federal Savings and Loan Association | Portland, OR | $4.6 billion | $133 thousand |
| January 11, 1990 | Family Federal Savings and Loan Association | Dallas, OR | $164 million | $4.2 million |
| September 23, 1988 | Peoples Savings and Loan Association | La Grande, OR | $22.5 million | $19.3 million |
| December 11, 1987 | Lewis and Clark State Bank | Lake Oswego, OR | $20.3 million | $2.5 million |
| April 10, 1987 | Future Savings and Loan Association | Albany, OR | $57.6 million | $15.8 million |
| January 16, 1987 | Umpqua Savings and Loan Association | Roseburg, OR | $108 million | $11.9 million |
| October 3, 1986 | Columbia Community Bank | Hermiston, OR | $5.3 million | $1.0 million |
| December 6, 1985 | State Federal Savings and Loan Association | Corvallis, OR | $564 million | $249 million |
| December 4, 1985 | Citizens Savings and Loan Association | Salem, OR | $240 million | $85.2 million |
| April 12, 1985 | First State Bank of Elgin, Oregon | Elgin, OR | $18.2 million | $4.9 million |
| January 11, 1985 | Coast Community Bank | Harbor, OR | $9.1 million | $1.4 million |
| November 16, 1984 | First American Banking Company | Pendleton, OR | $18.6 million | $2.2 million |
| August 31, 1984 | Bank of the Northwest | Eugene, OR | $21.8 million | $1.2 million |
| June 8, 1984 | Stewardship Bank of Oregon | Portland, OR | $6.3 million | $1.1 million |
| March 2, 1984 | United Bank of Oregon | Milwaukie, OR | $17.3 million | $3.1 million |
| February 3, 1984 | Emerald Empire Banking Company | Springfield, OR | $22.3 million | $2.4 million |
| October 7, 1983 | The Deschutes Bank | Redmond, OR | $10.2 million | $4.3 million |
| April 29, 1983 | Heritage Bank | Ashland, OR | $18.5 million | $4.5 million |
| March 25, 1983 | Bear Creek Valley Bank | Phoenix, OR | $13.6 million | $4.8 million |
| March 18, 1983 | Columbia Pacific Bank & Trust Company | Portland, OR | $47.4 million | $213 thousand |
| October 23, 1981 | High Lakes Community Bank | La Pine, OR | $3.7 million | $1.2 million |
| June 19, 1981 | Northwest Commerce Bank | North Bend, OR | $6.7 million | $1.0 million |
| March 17, 1958 | The First National Bank of Halfway | Halfway, OR | $1.4 million | not estimated |
| August 29, 1942 | The Harney County National Bank of Burns | Burns, OR | not reported | not estimated |