COLUMBIA RIVER BANK Failed 2010
What happened
COLUMBIA RIVER BANK of THE DALLES, OR was closed on 2010-01-22. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to COLUMBIA STATE BANK (TACOMA, WA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3740
- FDIC Certificate
- 22469
- FDIC FIN
- 10176
- Bank name
- COLUMBIA RIVER BANK
- Location
- THE DALLES, OR
- Failure date
- 2010-01-22
- FDIC resolution date
- 2010-01-22
- 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.)
- $55M
- Deposits at failure
- $908M
- Assets at failure
- $955M
- Acquiring bank
- COLUMBIA STATE BANK (TACOMA, WA)
Other banks COLUMBIA STATE BANK acquired in FDIC resolutions