News Briefs

Teachers credit union buys Community Bank

LIBERTY LAKE – Spokane Teachers Credit Union have enter into purchase and assumption agreement to acquire and assume substantially all the assets and liabilities of Community Bank, last Tuesday.

Community Bank has 10 branches in Wallowa, Union, Umatilla and Baker counties in Oregon and Walla Walla and Asotin Counties in Washington along with $550 million in total assets.

If approved by the regulatory agencies, all Community Bank branches would transfer to STCU and become part of its branch network. The credit union is committed to maintaining each of t...

 

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