News & Notes: Here’s What’s Happening Around the Northwest

Horizon Credit Union and United Health Services Credit Union Agree to Merge

Horizon Credit Union and United Health Services Credit Union announced last week that they’ve agreed to merge, pending regulatory approval.The credit unions’ boards voted unanimously to pursue the merger.

If the merger is approved by regulators, United Health Services’ three branches will take on the Horizon name. All of United Health Services’ 28 employees will be retained.

Horizon Credit Union has 18 branches in Washington, Idaho, and Montana, and is currently completing a merger with EdTech Federal Credit Union, a two-branch institution based in Butte, Montana.

United Health Services had $99 million in assets as of December 31, 2014. If the merger proceeds, the combined credit union will approach $800 million in assets and will employ nearly 250 people.

STCU Raised Nearly $75,000 for Credit Unions for Kids in 2014

STCU members raised nearly $75,000 in 2014 for Children’s Miracle Network Hospitals, the credit union announced last week. The money will go to support Sacred Heart Children’s Hospital, which serves local kids throughout the inland Northwest.

“The funds that STCU raises to support our children’s hospital are so important,” said Tammy Powers, executive director of Sacred Heart Children’s Hospital. “From helping support child life activities to purchasing lifesaving equipment for our operating rooms these funds are put into action.”

STCU and other credit unions support the cause because 100 percent of the dollars raised will go to help children in need of medical care. The credit union offered its employees and members an array of options for donating money to the nonprofit over the course of the year. 

“Our hope is that these dollars contribute to the miracle of healing children,” said Traci McGlathery, community relations manager. “Our members’ incredible generosity is a reflection of the credit union’s values and our commitment to the community.

Peninsula Credit Union Donates $9,100 for Children’s Hospitals

Peninsula Credit Union raised over $9,000 for Credit Unions for Kids in 2014. The credit union’s staff and members organized a number of fundraisers throughout the year, including jeans days and a football contest. After matching funds from CO-OP, Digital Benefits and other vendors, Peninsula’s fundraising total topped $9,100.

Joe Dearborn, senior director of Credit Unions for Kids for Children’s Miracle Network Hospitals, said, “Peninsula Credit Union and the entire credit union community throughout the Pacific Northwest have really helped transform children’s healthcare at our six CMN Hospitals in Oregon and Washington over the last 20 plus years. Through the generous support of both staff and members, Peninsula has made it possible for our hospitals to treat all kids regardless of illness or injury, or the ability to pay. It’s just one more example of how credit unions impact the local community.”

OnPoint Community Credit Union Announces Grand Opening of Stadium Branch

OnPoint Community Credit Union today announced that Kevin Kelly has been named as manager of their new Stadium branch. The new branch, located at 2011 West Burnside St., Portland, will hold a grand opening event on Saturday, February 28, 2015 from 9 a.m.–1 p.m. Special activities include refreshments and the chance to enter to win a prize drawing for a $500 Fred Meyer Gift Card.

Kelly has over 10 years of financial services experience and has been with OnPoint for eight years, most recently as the branch manager of the credit union’s Sellwood branch. He will be responsible for all daily branch operations, providing leadership to branch staff and developing new business relationships.

“We’re committed to providing members with increased access to our products and services and we’re pleased to open another branch in northwest Portland. This location complements our existing branch network and our plans for future growth,” said OnPoint’s President and CEO, Rob Stuart. “Kevin has a proven track record excellence in leadership. Under his direction our new team is sure to provide members the service they expect and deserve.”

Questions about this story? Contact James Pearson: 206.340.4790, jpearson@nwcua.org.

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