# THE DESCHUTES BANK

> **Failed bank** · REDMOND, OR · failed 1983-10-07 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $4M

## What happened

THE DESCHUTES BANK of REDMOND, OR was closed by regulators on **1983-10-07**. The FDIC was named receiver.

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

Deposits were transferred to **UNITED STATES NB OF OREG** (PORTLAND, OR). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 825
- **FDIC Certificate:** 22807
- **FDIC FIN:** 2364
- **Bank name:** THE DESCHUTES BANK
- **Location:** REDMOND, OR
- **Failure date:** 1983-10-07
- **FDIC resolution date:** 1983-10-07
- **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:** $4M
- **Deposits at failure:** $10M
- **Assets at failure:** $10M
- **Acquiring bank:** UNITED STATES NB OF OREG (PORTLAND, OR)

## Other banks UNITED STATES NB OF OREG has acquired in FDIC resolutions

- FIRST STATE BANK OF ELGIN (ELGIN, OR) — failed 1985-04-12 — /failed-bank/975
- UNITED BANK OF OREGON (MILWAUKIE, OR) — failed 1984-03-02 — /failed-bank/853

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE DESCHUTES BANK (FDIC ID 825), failed 1983-10-07. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/825.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*