Idaho Approves Pullman Bank Shift

The state has approved a bid from Bank of Pullman in Washington to relocate its head office to Moscow and become a state chartered bank.

State Finance Director Gavin Gee called the bank “a profitable, well-capitalized bank” that is well-known in the community.

Effective May 19, the head office will be at Moscow. Washington branches will remain open and the administrative office will continue at Pullman.

The bank was established in 1970 and reported $58 million in assets at the end of last year. It is owned by Community Bancorporation, a one-bank holding company established in 1982.