Bank Branches › Closed and merged banks › Oregon › First Security Bank of Oregon
What happened to First Security Bank of Oregon?
First Security Bank of Oregon in Salem, OR (earlier called United Savings Bank, Mutual and 1 other name) merged into First Security Bank, National Association of Ogden, UT on May 23, 1997. The chain runs 1 step further and ends with no operating bank.
The chain, step by step
From the day it opened to the last entry on record. Each step is one entry in the FDIC's record.
- 1978United Savings Bank, Mutual opens in Salem, OR
- Jun 5, 1986renamed United Savings Bank
- Apr 12, 1990renamed First Security Bank of Oregon
- May 23, 1997MERGEDFirst Security Bank of Oregon merged into First Security Bank, National Association of Ogden, UT.FDIC certificate 22743 ends; its business continues under certificate 13718.
- date not recordedENDEDFirst Security Bank, National Association (by then renamed Wells Fargo Trust Company, National Association) of Ogden, UT left the FDIC's list of insured banks.FDIC certificate 13718 ends.
- NO SUCCESSOR BANK
The FDIC record ends here. No operating bank carries this charter today.
If you still have something from First Security Bank of Oregon
A lien that was never released
The FDIC record shows no successor bank for First Security Bank of Oregon. The FDIC says it may be able to help only where the lender was a failed bank placed in FDIC receivership.
Our suggestion, not the FDIC's: a title company or real-estate attorney in the county where the lien is recorded will know how that state clears a lien from a lender that no longer exists.
An old account, passbook or CD
With no successor bank to ask, go to the unclaimed-property program of the state of the owner's last known address on the bank's records. The OCC gives the same advice for old records from a bank that no longer exists.
Accounts nobody touches are eventually turned over to a state. The OCC puts the usual wait at three to five years with no activity, set by each state's law. Search the unclaimed-property program of the state of the owner's last known address on the bank's records, and any other state they lived in. It is free to search and to claim through a state's own site, and MissingMoney.com, an official site of the state administrators' association, searches most states at once.
A safe deposit box
Contents of boxes left behind are handled under state unclaimed-property law. Start with the unclaimed-property program of Oregon, where the box was.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Its offices in the FDIC deposit reports
14 offices filed under this charter in some year from 1994 on. 6 are still open as of June 30, 2026.
| Office | Now |
|---|---|
| 580 State StSalem, OR | OpenWells Fargo Bank, National Association |
| 1565 Lancaster Dr NeSalem, OR | OpenWells Fargo Bank, National Association |
| 3997 Commercial St SeSalem, OR | OpenWells Fargo Bank, National Association |
| 617 Sw 6th StRedmond, OR | OpenWells Fargo Bank, National Association |
| 450 Ne Windy Knolls DrBend, OR | OpenWells Fargo Bank, National Association |
| 2543 Nw Kings BlvdCorvallis, OR | OpenWells Fargo Bank, National Association |
| 1543 N.E. Third StreetBend, OR | No longer reported |
| 636 Main StreetDallas, OR | No longer reported |
| 626 S.E. Baseline StreetHillsboro, OR | No longer reported |
| 831 Lancaster Drive, N.E.Salem, OR | No longer reported |
| 2600 Newberg HighwayWoodburn, OR | No longer reported |
| 4952-54 River Road NorthSalem, OR | No longer reported |
| 200 S.W. Fourth StreetCorvallis, OR | No longer reported |
| 333 High StreetSalem, OR | No longer reported |
Banks folded into First Security Bank of Oregon
3 banks merged directly into this charter.
| Bank | Ended |
|---|---|
| Benton County BankCorvallis, OR | May 1, 1993 |
| Bank of Willamette ValleyDallas, OR | Apr 1, 1992 |
| Tualatin Valley BankHillsboro, OR | Apr 18, 1988 |
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 22743 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.