We value our Board of Directors and Supervisory Committee. With great care, this savvy and dedicated group of volunteers have guided Point West back to financial wellness. Now as Point West is able to look back beyond the Great Recession, it’s an incredibly exciting time – with our Low Income Designation, our CDFI Certification and a strategy for providing financial … Continue reading
Our members are the heart and soul of our credit union. That’s why, as part of International Credit Union Day, Point West will be hosting two listening sessions to hear from you, our valued members. These sessions will be a great opportunity to share your feedback with us as well as an opportunity to be more involved in the development … Continue reading
Greetings, members! This past year was yet another reminder that Point West is a credit union on the move. We continue to make significant strides to strengthen our cooperative, while remaining laser-focused on providing our members the service and Financial Wellness that they deserve. Net income exceeded forecasts for the year, with the credit union earning in excess of $500,000, … Continue reading
Summer greetings! Our mission here at Point West is to pursue financial wellness for you, our members and member businesses, while engaging and empowering our local community. However, a mission statement is just words – it’s the actions we take in pursuit of our mission and underlying values that truly drives achievement. At Point West, our mission is comprised of … Continue reading
“Credit Unions Unite for Good” October 17th, 2013 marks the 65th annual International Credit Union Day! ICU Day is a time to reflect on the history of the credit union movement and to celebrate its achievements and success. ICU Day also honors the people who have dedicated a great deal of time and energy to the movement as well as … Continue reading
The Oregon Bankers Association and bankers throughout Oregon have introduced three bills in the Legislature aimed at impacting a credit union’s ability to serve their members. These bills will soon be called for vote – Credit Unions are under attack, and we need your voice by April 18th! In partnership with the Northwest Credit Union Association, Point West is able … Continue reading
As member-driven cooperatives, credit unions do not have stockholders, so earnings are returned to members. In Oregon, this amounted to $170 in savings in 2012 for every member household, compared to the costs bank customers paid. The not-for-profit structure is why credit unions have the tax status they have. The very banks that were subsidized by taxpayers to the tune of nearly … Continue reading
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