Oregon has lost among the most bank locations, as closures continue around the U.S.
Bank branches continue to close around the state, leaving many communities in Oregon with fewer options.
Around the country, the nation’s largest banks — Bank of America, US Bank, Capital One, Wells Fargo — are rapidly closing locations. In 2023, 2,454 branches closed, according to S&P Global Market Intelligence. Since 2009 the number of branches in the U.S. has shrunk by more than one-fifth. This year more than 400 have closed in the U.S. Wells Fargo is moving the fastest, with 88 closure filings so far in 2024, according to The Wall Street Journal. See our story here.
Banking Powerlist
Ranked by total deposits in Oregon and Clark County, Wash., June 30, 2023
1. U.S. Bank National Association
Total Deposits in Oregon and Clark County, Wash.: $22.5 billion
Branches in Oregon and Clark County, Wash.: 144
Market Share: 19.92%
Charter: FED
Headquarters: Minneapolis, Minn.
Year Established: 1863
2. Umpqua Bank
Total Deposits in Oregon and Clark County, Wash.: $17.8 billion
Branches in Oregon and Clark County, Wash.: 116
Market Share: 15.83%
Charter: STATE
Headquarters: Lake Oswego
Year Established: 1953
3. JPMorgan Chase Bank, National Association
Total Deposits in Oregon and Clark County, Wash.: $15.2 billion
Branches in Oregon and Clark County, Wash.: 91
Market Share: 13.50%
Charter: FED
Headquarters: New York, N.Y.
Year Established: 1824
4. Bank of America, National Association
Total Deposits in Oregon and Clark County, Wash.: $15 billion
Branches in Oregon and Clark County, Wash.: 46
Market Share: 13.33%
Charter: FED
Headquarters: Charlotte, N.C.
Year Established: 1904
5. Wells Fargo Bank, National Association
Total Deposits in Oregon and Clark County, Wash.: $14.6 billion
Branches in Oregon and Clark County, Wash.: 85
Market Share: 12.96%
Charter: FED
Headquarters: Sioux Falls, S.D.
Year Established: 1852
6. KeyBank National Association
Total Deposits in Oregon and Clark County, Wash.: $6 billion
Branches in Oregon and Clark County, Wash.: 68
Market Share: 5.28%
Charter: FED
Headquarters: Cleveland, Ohio
Year Established: 1849
7. Banner Bank
Total Deposits in Oregon and Clark County, Wash.: $3.1 billion
Branches in Oregon and Clark County, Wash.: 34
Market Share: 2.73%
Charter: STATE
Headquarters: Walla Walla, Wash.
Year Established: 1890
8. Washington Federal Bank
Total Deposits in Oregon and Clark County, Wash.: $3 billion
Branches in Oregon and Clark County, Wash.: 37
Market Share: 2.63%
Charter: STATE
Headquarters: Seattle, Wash.
Year Established: 1917
9. First Interstate Bank
Total Deposits in Oregon and Clark County, Wash.: $2.6 billion
Branches in Oregon and Clark County, Wash.: 33
Market Share: 2.29%
Charter: STATE
Headquarters: Billings, Mont.
Year Established: 1968
10. BMO Harris Bank National Association
Total Deposits in Oregon and Clark County, Wash.: $1.8 billion
Branches in Oregon and Clark County, Wash.: 24
Market Share: 1.62%
Charter: FED
Headquarters: Chicago, Ill.
Year Established: 1882
11. Riverview Bank
Total Deposits in Oregon and Clark County, Wash.: $1 billion
Branches in Oregon and Clark County, Wash.: 15
Market Share: 0.93%
Charter: STATE
Headquarters: Vancouver, WaSh.
Year Established: 1923
12. Summit Bank
Total Deposits in Oregon and Clark County, Wash.: $867.5 million
Branches in Oregon and Clark County, Wash.: 3
Market Share: 0.77%
Charter: STATE
Headquarters: Eugene
Year Established: 2004
13. Citizens Bank
Total Deposits in Oregon and Clark County, Wash.: $772.1 million
Branches in Oregon and Clark County, Wash.: 15
Market Share: 0.68%
Charter: STATE
Headquarters: Corvallis
Year Established: 1957
14. Heritage Bank
Total Deposits in Oregon and Clark County, Wash.: $747.4 million
Branches in Oregon and Clark County, Wash.: 7
Market Share: 0.66%
Charter: STATE
Headquarters: Olympia, Wash.
Year Established: 1927
15. Oregon Pacific Banking Company dba Oregon Pacific Bank
Total Deposits in Oregon and Clark County, Wash.: $679.7 million
Branches in Oregon and Clark County, Wash.: 6
Market Share: 0.60%
Charter: STATE
Headquarters: Florence
Year Established: 1979
16. People’s Bank of Commerce
Total Deposits in Oregon and Clark County, Wash.: $662.6 million
Branches in Oregon and Clark County, Wash.: 11
Market Share: 0.59%
Charter: STATE
Headquarters: Medford
Year Established: 1998
17. Bank of Eastern Oregon
Total Deposits in Oregon and Clark County, Wash.: $647.4 million
Branches in Oregon and Clark County, Wash.: 15
Market Share: 0.57%
Charter: STATE
Headquarters: Heppner
Year Established: 1945
18. Pioneer Trust Bank, National Association
Total Deposits in Oregon and Clark County, Wash.: $585.1 million
Branches in Oregon and Clark County, Wash.: 2
Market Share: 0.52%
Charter: FED
Headquarters: Salem
Year Established: 1924
19. First Federal Savings and Loan Association of McMinnville
Total Deposits in Oregon and Clark County, Wash.: $543.8 million
Branches in Oregon and Clark County, Wash.: 6
Market Share: 0.48%
Charter: FED
Headquarters: McMinnville
Year Established: 1922
20. Evergreen Federal Bank
Total Deposits in Oregon and Clark County, Wash.: $531.3 million
Branches in Oregon and Clark County, Wash.: 5
Market Share: 0.47%
Charter: FED
Headquarters: Grants Pass
Year Established: 1934
21. Community Bank
Total Deposits in Oregon and Clark County, Wash.: $442.2 million
Branches in Oregon and Clark County, Wash.: 7
Market Share: 0.39%
Charter: STATE
Headquarters: Joseph
Year Established: 1955
22. Beneficial State Bank
Total Deposits in Oregon and Clark County, Wash.: $405.3 million
Branches in Oregon and Clark County, Wash.: 3
Market Share: 0.36%
Charter: STATE
Headquarters: Oakland, Calif.
Year Established: 2007
23. Oregon Coast Bank
Total Deposits in Oregon and Clark County, Wash.: $363.8 million
Branches in Oregon and Clark County, Wash.: 6
Market Share: 0.32%
Charter: STATE
Headquarters: Newport
Year Established: 2002
24. Washington Trust Bank
Total Deposits in Oregon and Clark County, Wash.: $335.6 million
Branches in Oregon and Clark County, Wash.: 2
Market Share: 0.30%
Charter: STATE
Headquarters: Spokane, Wash.
Year Established: 1902
25. HomeStreet Bank
Total Deposits in Oregon and Clark County, Wash.: $332.7 million
Branches in Oregon and Clark County, Wash.: 4
Market Share: 0.30%
Charter: STATE
Headquarters: Seattle, Wash.
Year Established: 1921
26. Willamette Valley Bank
Total Deposits in Oregon and Clark County, Wash.: $294.4 million
Branches in Oregon and Clark County, Wash.: 4
Market Share: 0.26%
Charter: STATE
Headquarters: Salem
Year Established: 1998
27. 1st Security Bank of Washington
Total Deposits in Oregon and Clark County, Wash.: $277.7 million
Branches in Oregon and Clark County, Wash.: 5
Market Share: 0.25%
Charter: STATE
Headquarters: Mountlake Terrace, Wash.
Year Established: 1937
28. Northwest Bank
Total Deposits in Oregon and Clark County, Wash.: $258.5 million
Branches in Oregon and Clark County, Wash.: 2
Market Share: 0.23%
Charter: STATE
Headquarters: Boise, Idaho
Year Established: 2008
29. Lewis & Clark Bank
Total Deposits in Oregon and Clark County, Wash.: $246.4 million
Branches in Oregon and Clark County, Wash.: 3
Market Share: 0.22%
Charter: STATE
Headquarters: Oregon City
Year Established: 2006
30. Clackamas County Bank
Total Deposits in Oregon and Clark County, Wash.: $241.6 million
Branches in Oregon and Clark County, Wash.: 4
Market Share: 0.21%
Charter: STATE
Headquarters: Sandy
Year Established: 1911
31. Pacific West Bank
Total Deposits in Oregon and Clark County, Wash.: $219.8 million
Branches in Oregon and Clark County, Wash.: 2
Market Share: 0.20%
Charter: STATE
Headquarters: Portland
Year Established: 2004
32. Pacific Premier Bank
Total Deposits in Oregon and Clark County, Wash.: $216.1 million
Branches in Oregon and Clark County, Wash.: 1
Market Share: 0.19%
Charter: STATE
Headquarters: Irvine, Calif.
Year Established: 1983
33. First-Citizens Bank & Trust Company
Total Deposits in Oregon and Clark County, Wash.: $169.6 million
Branches in Oregon and Clark County, Wash.: 2
Market Share: 0.15%
Charter: STATE
Headquarters: Raleigh, N.C.
Year Established: 1898
34. Bank of The Pacific
Total Deposits in Oregon and Clark County, Wash.: $158.4 million
Branches in Oregon and Clark County, Wash.: 3
Market Share: 0.14%
Charter: STATE
Headquarters: Aberdeen, Wash.
Year Established: 1971
35. Zions Bancorporation, N.A.
Total Deposits in Oregon and Clark County, Wash.: $111.1 million
Branches in Oregon and Clark County, Wash.: 1
Market Share: 0.10%
Charter: FED
Headquarters: Salt Lake City, Utah
Year Established: 1973
36. Idaho First Bank
Total Deposits in Oregon and Clark County, Wash.: $12.9 million
Branches in Oregon and Clark County, Wash.: 1
Market Share: 0.01%
Charter: STATE
Headquarters: Boise, Idaho
Year Established: 2005
Source: FDIC (https://banks.data.fdic.gov/bankfind-suite/SOD)
