Salem, OR (January 7, 2026) |
Marion and Polk Schools Credit Union (“Maps”) announced that it has completed its acquisition of Lewis & Clark Bank (the “Bank”), whereby Maps purchased and assumed substantially all assets and liabilities of the Bank in an all-cash transaction. The transaction was completed on December 31, 2025.
As a result of the transaction, Maps now has over $1.7 billion in assets, serves over 83,000 members, and has a total of 14 full-service branch locations. Maps’ existing members and former bank customers now have access to enhanced products and services in the Portland region, the North Coast, and the Willamette Valley, in addition to competitive rates and expanded digital banking tools.
Mark Zook, President & CEO of Maps, said: “This partnership with Lewis & Clark further expands our presence to serve our growing member base in Northwestern Oregon and Southwestern Washington. The combined resources of Maps and Lewis & Clark will produce excellent opportunities for our existing and newest members and the communities in which they live, with an expanded array of resources and products and additional branch locations.”
Jeff Sumpter, former President & CEO of Lewis & Clark Bancorp and Lewis & Clark Bank commented: “Partnering with Maps has been an outstanding experience from day one, and we are thrilled that the Lewis & Clark team has found a home at Maps and will continue to offer the same attentive, personal service that our customers have valued most.”
The two organizations are expected to be fully integrated in the first quarter of 2027.
Doeren Mayhew Advisors, LLC served as financial advisor and Luse Gorman, PC served as legal counsel to Maps. Performance Trust Capital Partners, LLC served as financial advisor and Alston & Bird LLP served as legal counsel to Lewis & Clark Bancorp and Lewis & Clark Bank.