Join NWCUA for a Deep-Dive Look at how Northwest Credit Unions Impacted Their Economies in 2018


Credit unions across the Northwest saw strong gains in membership and contributed to their local economies in record numbers in 2018, according to a recent independent analysis by economists at ECONorthwest, the largest economic consulting firm in the region.

The report, released this month, takes a deep dive into several categories, including membership growth, economic output, income supported by credit unions, and jobs generated in Idaho, Oregon, and Washington.

Your Association will host two webinars – The Economic Impact of Northwest Credit Unions – on Jan. 10 and again on Jan. 15. to share the report’s results. A release of individual reports will follow.

Credit unions are encouraged to participate in one of the webinars to learn more about their economic impacts and to take full advantage of the data available.

Register for the Jan. 10 webinar here. (2 p.m. PST, 3 p.m. MST)

Register for the Jan. 15 webinar here. (11 a.m. PST, noon MST)

ECONorthwest’s comprehensive findings can be used to share with legislators, informing them on the vital role credit unions play in their communities, strengthening the Credit Union Movement overall. Policy officials enabled credit unions to become non-for-profit cooperatives, with the promise of value the credit union model would deliver to consumers. ECONorthwest’s report tells that story.

The report’s findings can also be used to prepare new board members, for effective media outreach, and raising overall public awareness with new credit union members and non-members.

Analysis at the state and county levels has been prepared, and all participating credit unions will receive reports detailing their individual impact after the webinars. Your Association has also prepared marketing materials based off the latest data that credit unions may use, including videos, infographics, social media content, and communications for board members, staff, credit union members.

Your Association thanks its credit union members for their contributions, which have made this valuable report possible, and we look forward to using the powerful economic data to further the Credit Union Movement.

Posted in Economy.