COLUMBIA COMMUNITY BANK Failed 1986
What happened
COLUMBIA COMMUNITY BANK of HERMISTON, OR was closed on 1986-10-03. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to INLAND EMPIRE BANK (HERMISTON, OR). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1286
- FDIC Certificate
- 22869
- FDIC FIN
- 2605
- Bank name
- COLUMBIA COMMUNITY BANK
- Location
- HERMISTON, OR
- Failure date
- 1986-10-03
- FDIC resolution date
- 1986-10-03
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $1M
- Deposits at failure
- $5M
- Assets at failure
- $5M
- Acquiring bank
- INLAND EMPIRE BANK (HERMISTON, OR)
Other banks INLAND EMPIRE BANK acquired in FDIC resolutions