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 reduced compliance burden, as a result of new NCUA rules introduced during the regulator’s May 24 board meeting, is worth $8 million to federally insured credit unions.
Kennedy already president, will assume CEO post from retiring Marshall Ellison on July 1.
The $85 million Point West Credit Union of Portland, Ore., is more than willing to broadcast and celebrate its tale of coming back from the brink of a 2008 financial collapse.
This early look from next week's print edition explores how two CEOs have resulted in one success story at a once-troubled Oregon credit union.
Industry leader leaves iQ CU for fellow Washington state credit union on Puget Sound after 14 years at Vancouver institution.
Outgoing BECU President/CEO Gary Oakland said he might be interested in a spot on the NCUA Board.
Washington state credit unions were cheering what they called a legislative breakthrough – final passage of a long-sought public funds bill.
Mayor Sam Adams tells NWCUA the city needs to "buy local" when it comes to investing its money.
Ohio appears to be the next battleground for the credit union push to accept public funds with bills being readied in both chambers of the state legislature next week.