SALEM, Ore.–Maps Credit Union said it has entered into an agreement to buy the $342-million Lewis & Clark Bank in Oregon City, Ore. 
No financial details of the transaction were released.

The $1.4-billion Maps, which stands for Marion and Polk Schools, said it anticipates closing the deal in Q1 of 2026, pending regulatory approval.

The $1.4 billion Maps said the deal will expand its “geographic footprint with new branch locations (the total will be 13), enhance its commercial and small business offerings and provide even more Oregonians with personalized, professional service.”

The two institutions are headquartered approximately 43 miles apart. 

Financial Performance

The 80,000-member Maps reported net income of approximately $14.2 million in 2024. Lewis & Clark Bank’s 2024 earnings totaled $400,000 after the bank lost $1.8 million the prior year, according to S&P Global Market Intelligence data cited by Tyfone. 

How Will Members Benefit?

In a Q&A on Maps CU’s website in response to the question “Maps members will still enjoy the same credit union they know and love, but we’ll have more branches and even better offerings—including expanded services for members with commercial and small business needs.”

The transaction marks the fourth purchase of a bank by a credit union in 2024.