The bank is headquartered in Joseph, Oregon.

On August 13, 2024, Washington-based credit union Spokane Teachers Credit Union (STCU) announced plans to acquire Community Bank.

[1][2][3] Community Bank was founded in May 1955 by Joseph, Oregon business leaders.

Currently the bank operates 10 full-service branches, 7 in north-eastern Oregon and 3 in south-eastern Washington.

[4] In August 2024, Washington-based credit union Spokane Teachers Credit Union (STCU) announced plans to acquire all assets and liabilities of Community Bank pending regulatory and shareholder approval.