Albina History

In the early 1990's, the neighborhoods of north and northeast Portland were plagued by low-income individuals and families, high-crime statistics, boarded-up and abandoned houses, and wide-scale redlining by banks.  There were already plenty of big-box banks in the city. 

Albina Community Bank opened in December 1995 to help our Portland neighbors realize their dreams, inspirations and successes. Initially funded with a neighborhood settlement with PacifiCorp and support from investors throughout our community, Albina Community Bank opened in December 1995 to help our Portland neighbors and neighborhoods realize their potential and their successes.  While today's shareholders include Legacy Emanuel Hospital and Meyer Memorial Trust, the bank is truly owned by the people of Portland through the NE Portland Community Development Trust and hundreds of individual shareholders who live throughout our local neighborhoods- those who care the most about our local communities.