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Read the latest news from credit unions around the Northwest.
Getting a great haircut can feel life-changing, but for Liz and Anthony Madrid, giving other people haircuts is what actually changed their lives. In 2017, the husband-and-wife duo left their corporate careers to start Madrid Barber — a one-chair, luxury barbershop in downtown Boise. Though both are certified professional barbers, Anthony handles most of the […]
Posted July 16, 2020 in Community Impact
The COVID-19 pandemic has placed personal finance and business skills at the forefront of our minds, and has illuminated the importance of emergency savings, budgeting, and building small businesses that can weather financial storms. The national financial literacy initiative, Biz Kid$, is a great answer to that need. The program’s free resources are widely supported by credit […]
Posted July 16, 2020 in Biz Kid$
In 2019, the Northwest Credit Union Foundation awarded a Workforce Housing Planning grant to Canopy Credit Union. The credit union partnered with Strategic Research Associates to use the grant dollars for community focus groups, which examined renters’ needs and the needs of affordable housing agencies. After assessing opportunities for innovative financial services, Canopy, based in Spokane, Washington, launched a rental assistance loan to help members in low-income and underserved communities in […]
Posted June 24, 2020 in Workforce Housing
Last week, the Northwest Credit Union Foundation launched the new Emergency Loan Program, which combines philanthropic funds with credit union contributions, allowing dollars to get immediately into the hands of those who need help now. NWCUF launched the program in the Yakima Valley, and soon plans to reach out to credit unions in southwest Idaho […]
Posted May 26, 2020 in Community Impact, Credit Union Response
The COVID-19 health crisis continues to disrupt daily life across the world, but as times get tougher, Northwest credit unions work harder to provide steadfast support for their communities. It’s the Credit Union Difference! In Idaho, Oregon, and Washington, credit unions find creative ways to keep local businesses, charities, and other organizations going strong. Read […]
Posted May 21, 2020 in Community Impact
Idaho, Oregon, and Washington have issued stay-at-home orders, forcing residents to find ways to pass the time. In addition, many are experiencing financial hardship as they ride out the COVID-19 crisis. Credit unions understand the frustration and financial struggles, so they’re stepping up to offer even more online financial education. Several Northwest credit unions have […]
Posted May 21, 2020 in Community Impact
The months of March and April were blur – a slog of long days and sleepless nights. Stacey Bonell worried about her husband, Bradly, with his compromised immune system. She worried about herself, too, struggling to manage her multiple sclerosis. She needed to stay healthy enough to work. And she was distressed about her dedicated […]
Posted May 18, 2020 in Credit Union Response
Story by Jim DuPlessis for the Credit Union Times. All financial institutions have certain superpowers that consumers lack. They are built to navigate complexity. They know how to measure risk, and price it. They know how to plan and prioritize financial resources in crisis. They have developed the capability to assess a web of changing […]
Posted May 18, 2020 in Credit Union Response
In an effort to respond to the ongoing, far-reaching community impacts of COVID-19, Advantis Credit Union, based in Milwaukie, Oregon, is awarding $100,000 to five local nonprofit organizations through its annual giveback campaign, Grow: The Advantis Community Fund. “We recognize immediate funding is critical to local nonprofits — especially those providing essential services like food, utility […]
Posted May 18, 2020 in Uncategorized
The popular Bite of Reality app, used to educate students and young adults in real-world budgeting skills, has gone virtual with the newly launched Bite of Reality Remote. During the 2018-2019 school year, 3,500 students in Idaho, Oregon, and Washington honed their financial skills at in-person Financial Reality Fairs using the Bite of Reality app. […]
Posted May 12, 2020 in Asset Building, Financial Reality Fairs