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

Valley Credit Union Wins Business of the Year Honor

Valley Credit Union was awarded by the Salem Business Journal the “Business of the Year” award for their work in the community and their service to their members.

Salem Business Journal presents this award to a Salem business annually in recognition for a business’s philanthropic work and service to its customers—or in Valley’s case, its members.

Valley Credit Union Marketing Manager Bryce Petersen said of the award, “It’s an honor to be a part of an organization that can truly make a difference in the lives of people in our community. As a Credit Union, we exist to serve or members and the community. This award is simply a bi-product of Valley staff doing what they love – serving.”

During 2014 Valley Credit Union was involved in many organizations: Family Building Blocks, Boys and Girls Club, The Medical Foundation of Marion and Polk Counties, Silverton Area Community Aid (SACA), The Salem Art Association, Silverton Kiwanis, Silverton Art Association, The American Red Cross, Credit Unions for Kids (Children’s Miracle Network), Relay for Life, Silverton Pet Parade, Willamette Humane Society, and Cross Walk of Salem.

Consolidated Community Opens Lloyd District Branch

Consolidated Community Credit Union New Branch

Consolidated Community Credit Union (CCCU) is thrilled to announce the opening of its third location, this one in Portland’s Lloyd District.

CCCU’s Lloyd Branch and Admin Building is located at 1033 NE 6th Ave., near Lloyd Center Mall and the Oregon Convention Center. This location boasts convenient access to Portland’s Max line and Street Car stops one block from the building, as well as having Interstate 5 and 84 exits within a half mile of the location.

The Lloyd Branch is a full-service location offering a complete array of member and lending services. This facility also houses CCCU’s administrative offices, which were previously located at 1825 NE Glisan St.

“We’ve been planning on opening another location in this area for quite some time and the convenient access to this building made it the perfect location for us to expand into,” says CCCU President and CEO, Larry Ellifritz. “We’re very excited to be a part of this emerging community. This new branch will cultivate growth for the credit union, while also fostering financial education and relationships in the surrounding community.”

In addition to the third location, CCCU’s flagship branch located at 2021 NE Sandy Blvd. is undergoing major remodeling, which is expected to be completed this summer. During construction, the branch has been temporarily relocated two blocks away to 1825 NE Glisan St.

Wauna Surpasses 20,000 Members

Wauna Leadership

Members and staff of Wauna Credit Union gathered March 10th at the Warrenton Community Center to celebrate the 48th Annual Meeting of the Credit Union. Robert Blumberg, CEO & President, and George Dunkel, Chair of the Board of Directors, addressed the membership.

Blumberg reported the following statistics as of December 31, 2014: Total Assets grew by 5.9% to $170,833,145, Total Deposits increased by 6.5% to $153,426,320, Total Loans increased 4.2% to $128,857,391, Capital Ratio remained strong at 8.76% of Total Assets, and Total Membership increased by 8.2% to 20,200.

Dunkel announced results of the elections for the Board of Directors. The Wauna Credit Union 2014 Annual Report is available on the Credit Union website or at any branch.

Oregon Black Education Foundation Recognizes Northwest Community Credit Union

Oregon Black Education Foundation (OBEF) leadership recently presented their annual Super Star recognition to Dwight Dzierzek, Northwest Community regional business development officer, and to Northwest Community Credit Union.

The mission of OBEF is to promote tangible transitional education opportunities; the principles of equity to eliminate disparities, and value diversity while working with high schools, community colleges, and university students emphasizing traditional education or technical skills training to galvanize the entrepreneur spirit of our future business leaders.

“Like many new nonprofit organizations, OBEF struggles to find meetings accommodation and support vital to our sustainability,” said Clarence Williams, Jr., OBEF president.

“When Northwest Community Credit Union’s Business Development Officer Dwight Dzierzek heard about our needs, he kindly offered his support.  Six years later, the Oregon Black Education Foundation continues its mission, and Northwest Community Credit Union has been invaluable in providing us meeting space, financial services direction for our non-profit, and more,” said Williams.

In June 2014, OBEF celebrated the first graduating class of OBEF-assisted young entrepreneurs from the University of Oregon’s Lundquist College of Business.  This year OBEF also awarded its first student scholarship: the Ruben Mayes Achievement Award.

“Dwight has provided support for OBEF even on his days off,” said Williams. 

OBEF presented Dzierzek with its Super Star Award for 2013-2014, additionally thanking the leadership and staff of Northwest Community Credit Union.

“We look forward to a continued relationship.”

STCU promotes Myhre to VP of Finance

Lindsey Myhrie STCU

Lindsey Myhre, a 15-year STCU employee, has been promoted to Vice President of Finance.

CEO and President Tom Johnson said Myhre is an integral part of STCU. “Lindsey is an innovator,” said Johnson. “She has been a part of our tremendous growth and I foresee great things for her in this new role.”

Myhre grew up in Colville, Wash.  She and her husband, Aaron, have two children. She loves working for the Spokane-based credit union that serves all of Washington and North Idaho.

“I love the smiling faces, the warmth and the caring I feel every day when I come to work,” said Myhre. “I have a passion for the credit union.”

Myhre has worked for STCU since 2000, most recently as director of accounting and finance. She started as an accounting assistant and quickly began moving up the ranks.

She holds a degree in business administration (finance emphasis) from Western Washington University. She currently is seeking her master’s degree from Western Governor’s University. 

Questions about this story? Contact James Pearson: 206.340.4790,

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