News

Read the latest news from credit unions around the Northwest.


SBA Loan Keeps Boise Family’s Barber Shop Business Afloat

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

NWCUF Brings Biz Kid$ Back This Coming School Year

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$

NWCUF Supports Canopy Credit Union’s Rental Assistance Program

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

Credit Unions Support Local Businesses, Nonprofits Through Difficult Times

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

Credit Unions Ramp up Online Financial Education During COVID-19 Crisis

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

When Things Felt Impossible, a Credit Union was There

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

Point West CU Reaches Out to Help Hispanics in Pandemic

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

Advantis Credit Union Doubles its Annual Grow Campaign Amid COVID-19

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

Bite of Reality Goes Remote

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