# NORTHWEST COMMERCE BANK

> **Failed bank** · NORTH BEND, OR · failed 1981-06-19 · State commercial bank, Federal Reserve member · FDIC cost $1M

## What happened

NORTHWEST COMMERCE BANK of NORTH BEND, OR was closed by state regulators on **1981-06-19**. The FDIC was named receiver.

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

Deposits were transferred to **CITIZENS BANK OF NORTH B** (NORTH BEND, OR). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 596
- **FDIC Certificate:** 22640
- **FDIC FIN:** 2289
- **Bank name:** NORTHWEST COMMERCE BANK
- **Location:** NORTH BEND, OR
- **Failure date:** 1981-06-19
- **FDIC resolution date:** 1981-06-19
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $5M
- **Assets at failure:** $7M
- **Acquiring bank:** CITIZENS BANK OF NORTH B (NORTH BEND, OR)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, NORTHWEST COMMERCE BANK (FDIC ID 596), failed 1981-06-19. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/596.

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