Another CU handling public funds in Portland.
Portland mayor's new Responsible Banking Policy moves funds to two area credit unions and eight banks.
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.