PORTLAND, Ore. - In what would be the largest natural personcredit union merger ever, the $1.4 billion Portland Teachers CreditUnion and the $650 million Oregon Community Credit Union arediscussing a potential merger. As of press time, nothing definitivehad been completed. At this point the two boards have just agreedto discuss the possibility. Oregon Community CU is the formerU-Lane-O CU. It changed its name earlier this year after convertingto a community charter that allows it to serve anyone living orworking in 10 counties in Western Oregon. Portland Teachers CU'sFOM includes employees of schools and nonprofit educationalorganizations and their families in five Western Oregon counties.There would be some overlap if a merger deal was completed. BothCUs serve members in the counties of Washington, Multnomah,Yamhill, Columbia and Clackamas.
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? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
