Press Releases

European Financial Experts Look to Northwest Credit Unions for Perspective on Service to Consumers

April 4, 2012 OREGON CITY, OR -- Financial experts and policy advisors serving nine European Union countries visited Clackamas Federal Credit Union as part of a multi-city fact finding tour of U.S. financial markets. Specifically the delegation wanted to explore the differences between banks and credit unions and how credit unions navigated the global financial crisis that began in 2008.

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Gregoire Signs Law Allowing Government Deposits in All Credit Unions

March 14, 2012. FEDERAL WAY, Washington - Senate Bill 5913 allowing public entities for the first time to deposit funds in any credit union in Washington up to the federal insurance maximum of $250,000 was signed into law by Gov. Christine Gregoire last Wednesday, March 7.

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NW Credit Unions Pick Up 9% of New Members Nationally in 2011

March 13, 2012. FEDERAL WAY,WA.; BEAVERTON, Ore.- The benefits of being a credit union member in Washington and Oregon were on full display last year as the two states accounted for 123,752 or 9.2 percent of the total national new membership gain of 1,344,936 in 2011, according to data just released by the National Credit Union Administration (NCUA).

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Enterprise Donates to Credit Unions for Kids

March 12, 2012. Beaverton, OR – A valued credit union movement partner has again made a significant contribution to Credit Unions for Kids, considered to be a charity of choice for Northwest credit unions.

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Governor Gregoire to Sign Legislation Allowing Gov’t Deposits in Local Credit Unions

February 29, 2012. FEDERAL WAY,WA - Washington’s government entities may soon have a local option for their public deposits that allows them to invest their tax dollars locally and support financial institutions that reinvest in their communities.

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Attention: This is not a story pitch about credit unions!

January 9, 2012. FEDERAL WAY, WA; BEAVERTON, OR - By joining cooperative financial institutions, over 4 million members in the Northwest received a combined $170 million in financial benefits, a savings of nearly $200 per family.

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Three Ways to Achieve a More Fiscally Fit You in 2012

December 28, 2011. FEDERAL WAY, WA; BEAVERTON, OR - As the nation resolves to become more financially healthy in the coming year, becoming a more fiscally fit you may be a bigger challenge. Developing a thoughtful, deliberate financial strategy for the New Year isn’t as difficult as some imagine it to be.

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Credit Unions Shatter Consumer Satisfaction Record

December 15, 2011. FEDERAL WAY,WA; BEAVERTON, OR - A report released this week shows that credit union members are more satisfied with their financial cooperative than any other consumers in any other economic sector in the 16-year history of the American Customer Satisfaction Index (ACSI).

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Thousands Join Northwest Credit Unions on Bank Transfer Day

November 10, 2011. More than 2,100 Northwest consumers switched to a credit union on Bank Transfer Day last Saturday, Nov. 5, a day when most credit unions that were open only did so for a few hours, a survey of credit unions by the Credit Union National Association (CUNA) shows.

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Switching to a Credit Union is Easy to Do, Easy to Maintain

October 20, 2011. Not-for-profit credit unions have seen increased traffic since Bank of America announced its new fee. Now, as the Nov. 5 National Dump You Bank Day nears, they have made it easier than ever to join a financial cooperative.

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Portland Credit Unions Help Consumers Join by Cooperating, not Competing

October 18, 2011. PORTLAND, OREGON - Northwest credit unions are reporting an influx of new members who are trying to escape higher bank fees charged for debit cards and checking accounts—services most credit unions provide free.

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Oregon and Washington Credit Union Foundations Approve Merger to Enhance their Philanthropic Support the Northwest Credit Union Community

October 18, 2011. BEAVERTON, OREGON - The boards of the credit union foundations of Oregon and Washington unanimously approved on October 14th a merger plan to become the Northwest Credit Union Foundation (NWCUF) effective January 1, 2012.

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OnPoint’s Steve Gray named “Volunteer of the Year” by Oregon and Washington Credit Union Foundations

September 15, 2011. Beaverton OR. - Steve Gray, recently retired Chairman of the Board of OnPoint Community Credit Union has been named “Volunteer of the Year” in the Summit Awards program, jointly hosted by the Oregon Credit Union Foundation and the Washington Credit Union Foundation.

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Unitus’ Brett Wooden wins Young Credit Union Professional of the Year Award

September 8, 2011. Seattle, WA. -- Brett Wooden will receive the Young Credit Union Professional of the Year Award at the Summit Awards dinner on September 22nd.

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Credit Union Gathering to Bring National Personalities, 800 Attendees to Western Washington

September 7, 2011. Tacoma, WA. - In an era of declining budgets and increasing regulatory pressure, U.S. credit unions are looking at all options in their never ending quest to serve their members. Pacific Northwest credit unions later this month will come together to discuss those options and gain a deeper understanding of the current operating environment at the first convention and business meeting of the Northwest Credit Union Association (NWCUA).

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Rogue’s Gene Pelham wins Foundations’ Credit Union Professional of the Year Award

August 30, 2011. Seattle, WA. - Gene Pelham, a 26-year veteran of the credit union industry, will be honored by the Oregon and Washington Credit Union Foundations as the Credit Union Professional of the Year.

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BECU’s Gary Oakland wins Foundations’ Mark of Excellence Award

August 24, 2011. Seattle, WA. - In recognition of his 25 years leading one of America’s largest credit unions, The Washington and Oregon Credit Union Foundations are pleased to announce that Gary Oakland, President and CEO of BECU, will receive the Mark of Excellence honor at the Summit Awards dinner.

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Credit Union Modernization Bill Signed by Oregon Governor

June 15, 2011. BEAVERTON, Ore - Gov. John Kitzhaber yesterday signed into law the Northwest Credit Union Association’s (NWCUA) SB 177—Oregon’s Credit Union Act update bill.

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