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.

Both leadership teams emphasized that the merger was aimed at delivering enhanced customer service and local support.

This iteration of North Valley Bank has continued to embody the community-focused ethos of its namesake, operating seven full-service branches.

The Evolution of North Valley Bank: From California Roots to Ohio Expansion

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.