BURNS, Ore. and EUGENE, Ore. – Harney County Federal Credit Union and O.U.R. Federal Credit Union will receive nearly $700,000 in grants under the Community Development Financial Institutions Fund offered by the U.S. Department of the Treasury. Awarded to non-governmental organizations whose primary mission is to provide loans or investments in underserved communities or to underserved people, grants issued totaled 53 nationwide. Only five community development credit unions were selected for a grant. Serving a farming/ranching community, Harney County FCU plans to use its $420,000 grant for technology upgrades and infrastructure improvements. O.U.R FCU received $270,000 for their work serving the Hispanic and low-income population in Eugene. “Let’s face it, this saved us,” said O.U.R. FCU President/CEO Loretta Moesta. “Senator Ron Wyden and Congressman Peter DeFazio wrote letters of support for us and we are eternally grateful for that. There were 149 applications for $213 million in grants. For both of Harney and O.U.R. to get Core funding is really exciting, and I’m thrilled it’s not just us who received the funding.”

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.