After nearly seven years of success driving car sales and credit union loans, GM will suspend the program this October.
The boards of Horizon Credit Union and EDTECH Federal Credit Union have voted unanimously to merge, the credit unions announced this morning. If approved by regulators and EDTECH members, the combined credit union would approach $675 million in total assets and employ more than 225 people.
The current economic environment has created many challenges from an accounting and regulatory compliance perspective, and significant change is on the horizon, according to Gabe Nachand and Ryan Sturgis of Moss Adams LLP.
Spokane-based Horizon Credit Union announced a long-awaited merger with Montana First Credit Union, a $63-million institution based in Missoula, Mont., expanding Horizon’s reach to three states.
Less than a month after winning approval from Portland’s city commissioners, a responsible banking initiative championed by Mayor Sam Adams already has dollars flowing to local credit unions.
Portland Mayor Sam Adams requested input last week on his Responsible Banking Resolution, a proposal that could impact Oregon credit unions. He answered several questions on the subject in this Anthem e-interview.
Portland’s mayor is seeking input on a Responsible Banking Resolution, which recommends Oregon credit unions be allowed to accept public funds. Meanwhile, Rep. Suzanne Bonamici will be sworn in today and continues to emphasize raising the MBL cap.
Portland Mayor Sam Adams will pursue a plan to move Portlandâ€™s funds out of national banks and into local credit unions, supporting mayoral candidate Jefferson Smithâ€™s challenge for the city to keep its money in local financial institutions.
Horizon Credit Union announced plans to acquire Montana First Credit Union, a $63 million institution based in Missoula, Mont. The deal has already been approved by both boards and is expected to be finalized early next year.
Invest in America draws round of applause for announcement of major Biz Kid$ support. Watch the slideshow of memorable moments from the event.