The credit union added two new managers and a community development officer to its team.
After four decades at 801 Third Ave, SMCU moved across from Seattle’s Safeco Field.
Spokane’s STCU announced a co-located downtown branch with Rocket Bakery, with construction to be completed by fall.
Nussle called for all credit unions, CEOs, Board Members, and professionals to engage in credit union advocacy and to rally their members.
The Northwest Credit Union Association will move its Oregon offices four miles south to Tigard in February 2014 to provide easier access from major freeways and larger facilities for meetings and conferences.
Credit unions say they face a regulatory burden that often feels oppressive, but NCUA board Chairman Debbie Matz said Tuesday that the federal regulator has taken significant steps to ease that burden, and she insisted that “gone are the days when we say no simply because we’ve always said no.”
Beginning April 1, all of Oregon’s public entities—including city governments, schools and fire departments, among many others—will be able to deposit money in their local credit unions.
The Pierce County Chapter of Credit Unions used funds from a Foundation grant to launch a dedicated chapter website to serve as a resource for credit union professionals and volunteers.
The Oregon Bankers Association spoke out in opposition of Sam Adams’ Responsible Banking Resolution, which would increase credit unions’ ability to accept public funds. Meanwhile, a similar public funds bill in Washington is nearing passage.
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.
The new Consumer Financial Protection Bureau, created as a result of the Dodd-Frank Act, assumes oversight of Truth in Savings and Mortgage Registration from the National Credit Union Administration.