Banks is a city in Washington County, Oregon, United States and is in the Tualatin Valley. It is the southern anchor to the Banks–Vernonia State Trail, which is a 21-mile (34 km) long linear trail popular with bicyclists, hikers, and equestrians. The population was 1,777 at the 2010 census. The community was named for John and Nancy Banks, who owned a nearby dairy farm. Incorporated in 1921, it is located in the western part of the county where Oregon Route 47 intersects Oregon Route 6.