STCU announces upcoming purchase of bank

STCU is working to acquire a bank that serves communities in Oregon and Washington, adding 10 new branches and $550 million in assets to the organization that merged with Coulee Dam Credit Union in 2021.

If approved by regulators, STCU said Tuesday, the purchase and assumption agreement would add all of Community Bank’s branches to STCU’s roster in the communities of Hermiston, Pendleton, La Grand...