Northvalley*banks

The story enters a new chapter in February 2024, when North Valley Bancshares, Inc. (the parent company of the Ohio-based North Valley Bank) announced a definitive agreement to acquire Commodore Financial Network, Inc. (parent company of Commodore Bank).

Following the merger, the Somerset, Millersport, and Hebron locations of Commodore Bank converted into branches of North Valley Bank, increasing its footprint in Ohio. northvalley*banks

As of early 2026, North Valley Bank continues to operate as a strong community-focused institution, distinct from the California entity that merged with Tri Counties in 2014. The story enters a new chapter in February

The Evolution of North Valley Bank: From California Roots to Ohio Expansion Following the merger, the Somerset, Millersport, and Hebron

However, the rapid consolidation of the American banking landscape eventually caught up with it. In October 2014, in a deal valued at over $178 million, Redding-based North Valley Bancorp was acquired by Chico-based Tri Counties Bank, effectively ending its run as an independent California institution.

While the California entity was absorbed, the North Valley Bank name found new life. Based on data available as of 2026, a separate North Valley Bank, headquartered in Zanesville, Ohio, operates as a community bank servicing Licking, Madison, Morgan, Muskingum, Perry, and Pickaway counties.

This story highlights the resilience of the community banking model, where local focus—even when changing geographic locations—remains central to its purpose. To make this story even better, A deeper dive into the ? More details on the current 2026 Ohio operations ?