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Archive Home > 2009 > August > 08 > Community First Bank closed, then acquired

Community First Bank closed, then acquired

8 area branches will reopen Monday as Home Federal Banks

By Andrew Moore / The Bulletin
August 8, 2009

Community First Bank was declared insolvent and ordered closed late Friday by the Oregon Department of Consumer and Business Services.

The bank was acquired by Home Federal Bank of Nampa, Idaho.

The Federal Deposit Insurance Corp. was named receiver, which arranged the bank's acquisition by Home....

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