One year after being approved to expand into Oregon, Fibre Federal Credit Union of Longview, Wash., has announced the establishment of its firstOregon branch.
|The $750 million community credit union will build afull-service branch in Rainer in Columbia County, one of threecounties for which it received NCUA approval to serve in 2012 undera rural designation.
|The other two counties, Clatsop in Oregon and Wahkiakum inWashington, constitute a rural area with a population of less than200,000, part of the criteria that helps define the regulator'srural designation, according to Angie Leppert, Fibre FCU's vicepresident of marketing.
|This year NCUA approved expanding the rural designation toinclude Pacific County in Washington, Leppert added
|“A lot of people were traveling significant distances to use ourservices,” Leppert said. “We're excited to be able to offer ourfirst Oregon branch, as well as serve a new county.”
|The new branch will have the same footprint as the creditunion's other branches, offering an ATM, drive-up lanes and a fullslate of financial services.
|Fibre FCU, founded in 1937 to serve members of the LongviewFibre Co., became a community-based credit union in the 1970s.NCUA's rural designation approval in 2012 enabled the credit unionto make its first forays into Oregon.
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