What makes credit unions and their members special is our sense of community – our belief that together, we can achieve so much more. That’s true in good times, but more importantly, when we need each other the most. On Saturday, March 22, a massive mudslide forever changed the community of Oso, Washington. The loss of lives and family homes … Continue reading
We celebrated BIG this year during Member Appreciation Week (April 29th – May 4th). Here’s a brief recap of the fun: Annual Meeting: Thank you to all who came to the Annual Meeting on April 30th – your support and participation in the evening were fantastic! Also, thank you to Troy Stang of the NWCUA for being our Keynote Speaker. … 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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