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Read the latest news from credit unions around the Northwest.
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
When times get tough, credit unions step up. As coronavirus makes its rounds globally and in the United States, Northwest credit unions are jumping in to provide steadfast support for their members and employees. Thanks to advances in technology and credit unions’ commitment to providing convenient services, credit unions have virtual banking options, which means […]
Posted March 19, 2020 in Cooperative Development
As COVID-19 continues to spread across the Northwest, the role credit unions play in serving their communities is even more important. Apart from offering financial services, many credit unions provide a variety of charitable contributions or sponsorships to local organizations and serve as directors on nonprofit and community boards. Credit unions’ continued engagement with these […]
Posted March 19, 2020 in Community Impact, Cooperative Development, NWCUF
Clackamas Federal Credit Union is taking preventative measures and offering financial relief to members who might be impacted by the novel coronavirus (COVID-19) outbreak. As COVID-19 begins to have an increased impact in Clackamas County, throughout the state, and across the nation, the credit union is taking action to keep members and staff safe while […]
Posted March 18, 2020 in Cooperative Development
Credit unions throughout the region continue to focus on workforce housing hurdles within their communities, creating products, services, and partnerships that are directly tackling the problem. To further propel this work, the Northwest Credit Union Foundation has awarded several credit unions with workforce housing project and planning grants in the latest round of funding. It’s […]
Posted February 4, 2020 in Economic Empowerment, Workforce Housing
Credit unions are in-tune with the communities they serve, making it a priority to address financial barriers in their own backyards. One of the most significant issues facing residents across the Northwest is access to housing – and credit unions are tackling it, head-on, in Idaho, Oregon, and Washington. A great example of credit union […]
Posted February 4, 2020 in Economic Empowerment, Workforce Housing