Two Oregon credit unions, the $904 million Advantis of Milwaukieand the $3.1 billion OnPoint Community of Portland, are therecipients of $250,000 each in public funds as a result ofPortland's new Responsible Banking Policy advanced by Mayor SamAdams.
Also receiving funds under the policy aimed at snubbing bigbanks and rewarding community institutions are eight areabanks.
Portland city commissioners had formally adopted the new policylast month, said the Northwest Credit Union Association.
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