History
Joseph, Oregon business leaders founded the Bank of Wallowa County in May of 1955. In 1976 Bank of Wallowa County established a branch in Enterprise. The bank remained relatively unchanged until 1991 when we began an active expansion effort, which resulted in the creative of the 17 branches we have in Northeast Oregon and Southeast Washington today.
Unlike many of our competitors, we continue to control our own destiny. Community Bank employees, Officers and Directors own the vast majority of our outstanding stock, and are dedicated to remaining independent and locally owned.
| Timeline | |
|---|---|
| 1955: | Bank of Wallowa County founded |
| 1976: | Enterprise branch opens |
| 1991: | Bruce Penoske becomes President and CEO |
| 1995: | Two branches purchased from US Bank |
| 1996: | Pendleton branch opens |
| 1997: | Name is changed to Community Bank |
| 1997: | Hermiston branch opens |
| 1998: | La Grande branch opens |
| 1999: | Pendleton Southgate branch opens |
| 1999: | Elgin branch opens |
| 2000: | Union branch opens |
| 2001: | Baker City branch opens |
| 2002: | Milton-Freewater branch opens |
| 2002: | Walla Walla branch opens |
| 2004: | Walla Walla Eastgate branch opens |
| 2005: | 50th Anniversary! |
| 2006: | Tom Moran becomes President |
| 2006: | Administrative office #2 opens in Walla Walla |
| 2007: | La Grande Valley branch opens |
| 2007: | Clarkston Loan Production office opens |
| 2007: | Hermiston North Hill branch opens |
| 2008: | Bruce Penoske retires, Tom Moran becomes CEO |
| 2009: | Heppner Branch opens |
| 2009: | Clarkston Branch opens |
