What is an inactive or dormant account?

An inactive or dormant account is an account showing no activity, other than dividends paid to the account, for a specific time period. An account is considered inactive if 18 months have passed since the last owner-initiated transaction. Remaining inactive is a concern for several reasons including high risk of fraud and identity theft. Inactive accounts are charged a $5 per month fee after 18 months of inactivity, to maintain the account.


In addition, the State of Oregon requires financial institutions to surrender inactive account balances (known as escheating), after 3 years of inactivity. If forced to do so, an application to the State is required to recover funds.


To become active you need to do one of the following:

  1. Make a deposit to your account ($25 minimum)
  2. Open a new account such as a free checking account, CD or a Money Market account.  
  3. Apply for a loan. We have some of the most competitive rates around.

To find out more about our current offerings, along with consumer loan, mortgage loan and deposit rates, visit our home page.