The Northwest Credit Union Association and its foundation are raising funds to provide for affected families.
Thanks to a quarterly increase of more than $44.62 million in member business loans, credit unions in Washington and Oregon are helping more small businesses.
The media blitz scheduled this week to highlight achievements of cooperatives is taking a slightly different tone amongst credit unions in Oregon and Washington state.
Member business lending, job creation up for discussion in session with SBA regional administrator.
Oregon and Washington credit unions were reminded last week of something they know full well: the S&P downgrade of the nation’s credit rating and the market turmoil could bring in a substantial deposit influx at a time loan demand remains tepid.
"I strongly urge all credit union executives to support the corporate credit union model," says the Northwest CU Association chairman.