The pursuit of quality loans in the midst of tight margins and a stepped-up merger scene presents a challenging environment for both West Coast credit unions and community banks, according to Oregon CEO Ron Barrick, who holds a leadership role on a key Federal Reserve regional panel.
Barrick, president/CEO of the $904 million Advantis CU of Milwaukie, said he's found some comfort in knowing that financial institutions of all stripes are finding a tough climate in generating good loan volume.
And as for the spate of recent merger activity in his region, Barrick said, "Yes, there could be more of it down the road."
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