The Deschutes Bank was a state nonmember bank in Redmond, OR. It failed on Oct 7, 1983, and United States NB Of Oreg took over its deposits. At its last report it held $10.2 million in assets.
Updated Oct 11, 2026
This bank failed
- Failed on
- Oct 7, 1983
- Assets
- $10.2M
- Deposits
- $10.0M
- Estimated cost
- $4.3M
- Deposits went to
- United States NB Of Oreg, Portland, OR
Data is being prepared
The quarterly numbers of this bank appear here as soon as their first load is finished.
Facts
- Type
- State nonmember bank
- Head office
- 821 South Sixth Street, Redmond, OR, 97756
- County
- Deschutes
- Established
- Feb 14, 1979
- Failed
- Oct 7, 1983
- Id
- b22807
Related pages
Questions and answers
When did The Deschutes Bank fail?
Oct 7, 1983. United States NB Of Oreg of Portland, OR took over its deposits. The estimated cost of the failure was $4.25 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.