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April 14, 2025 - Jeff Sumpter

Exciting News: Lewis & Clark Bank to Join Forces with Maps Credit Union

Exciting News: Lewis & Clark Bank to Join Forces with Maps Credit Union

We have entered into a definitive agreement to join forces with Maps Credit Union, a highly respected financial institution serving communities throughout the Willamette Valley.

We are thrilled to share a significant development in the nearly two-decade journey of Lewis & Clark Bank. We have entered into a definitive agreement to join forces with Maps Credit Union, a highly respected financial institution serving communities throughout the Willamette Valley. This strategic partnership will combine our strengths, expand our capabilities, and ultimately enhance our service to you.

A Shared Vision
Our commitment has always been to provide exceptional financial services tailored to the needs of our customers, our clients, and our community. By joining forces with Maps Credit Union, the combined organization’s assets are expected to exceed $1.7 billion, with a geographic footprint of 13 full-service branches.  This means you’ll enjoy the full suite of commercial banking products and services you’ve come to expect from Lewis & Clark Bank—now combined with a regional leader in personal banking solutions.

Our decision to join forces is particularly meaningful as it combines two institutions that share similar core values, including a commitment to local communities and personalized service.  Read more about Maps Credit Union at https://www.mapscu.com/ and about its 90-year history at https://www.mapscu.com/why-maps/about-us/our-history/

Continuity and Growth
We are especially pleased that Maps Credit Union plans to retain nearly every Lewis & Clark Bank team member. This ensures you will continue to work with the same dedicated professionals you already know and trust—whether you’re in the Portland metropolitan area, in Seaside, or in Astoria. Further, we are excited about our shared vision for the future, including additional locations and expanded capabilities to support both commercial clients and individual customers.

What Does This Mean for You?

  • Familiar Faces, Enhanced Services: You will continue to see and work with the same experienced and dedicated employees, supported by expanded products and services.
  • Expanded Branch Network: Enjoy greater convenience and accessibility through an increased number of locations in and around the Willamette Valley, Portland metropolitan area, and Clatsop County.
  • Commitment to Customers and Community: Our dedication to tailored solutions, personalized service, and active community involvement remains as strong as ever.

Next Steps
We anticipate a transaction closing date in or around the first quarter of 2026, subject to shareholder and regulatory approvals. In the meantime, both Lewis & Clark Bank and Maps Credit Union will continue operating independently, but will begin planning for the integration of the two organizations in order to ensure a seamless transition for all customers.

Keeping You Informed
We understand that you may have additional questions about this next chapter and what it means for you.  Stay tuned for a more detailed Q&A document either on our website or through direct communication to you.

We are genuinely excited about the future and believe that joining forces with Maps Credit Union represents a significant benefit to our customers, employees, shareholders, and the communities we proudly serve. Thank you for your continued trust and support as we begin this exciting new chapter together.

Sincerely,

Jeffrey D. Sumpter
President & CEO
Lewis & Clark Bank








Forward-looking Statements
This news release may contain forward-looking statements, such as statements relating to future plans and expectations. Such forward-looking statements are about matters that are inherently subject to risks and uncertainties. Because of the risks and uncertainties inherent in forward-looking statements, readers are cautioned not to place undue reliance on them, whether included in this news release or made elsewhere from time to time by Lewis & Clark Bancorp or Lewis & Clark Bank. Lewis & Clark Bancorp and Lewis & Clark Bank disclaim any obligation to update such forward-looking statements.

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