"We expect to immediately begin looking for branch opportunities in the expanded area, but do not have any specific locations or a target number of locations to share at this time," he said.

The credit union employed 120 people at six locations in Clackamas County as of June 30.

Census data showed Clackamas FCU will be offering its services to communities that are generally poorer and more diverse:

• About 11% of Clackamas County residents were minorities in 2019, compared with 17% of the new counties.
• About 7.2% of Clackamas County residents were in poverty in 2019, compared with 10.1% in the new counties.
• Median household income in 2019 was $80,484 in Clackamas County, compared with a low of $59,625 in Marion to a high of $82,215 in Washington County.
• Per capita income in 2019 was $41,500 in Clackamas County, compared with $37,300 in the new counties.

A news release from the credit union said its focus continues to be on improving lives.

"As Clackamas works to accomplish its mission, continued growth is vitally important to ensure ongoing delivery of the products, services and solutions their members rely on," the news release said. "Continued growth will allow Clackamas to expand its offerings and improve the member experience as they strive to deliver amazing value and convenience both now and for decades to come."

NCUA data showed its assets grew 18.7% and its membership grew 1.7% in the 12 months ending June 30. It had $358.2 million in loans on June 30, up 6.4%, and its net worth ratio was 9.24%, down 27 basis points.

Its loan production in the first half was $121.8 million, up 45%. Net income as an annualized percent of average assets was 1.39%, up 42 bps from ROA in the first half of 2020.