# PINNACLE BANK

> **Failed bank** · BEAVERTON, OR · failed 2009-02-13 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $10M

## What happened

PINNACLE BANK of BEAVERTON, OR was closed by regulators on **2009-02-13**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **WASHINGTON TRUST BANK** (SPOKANE, WA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3606
- **FDIC Certificate:** 57342
- **FDIC FIN:** 10040
- **Bank name:** PINNACLE BANK
- **Location:** BEAVERTON, OR
- **Failure date:** 2009-02-13
- **FDIC resolution date:** 2009-02-13
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $10M
- **Deposits at failure:** $64M
- **Assets at failure:** $72M
- **Acquiring bank:** WASHINGTON TRUST BANK (SPOKANE, WA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=PINNACLE%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, PINNACLE BANK (FDIC ID 3606), failed 2009-02-13. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3606.

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