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News Releases
Hundreds of Washington Students are Smarter About Money, Thanks to Credit Unions - 06/11/19

More than 800 high school students head into summer smarter about how they will manage their money. That's because they attended a Financial Reality Fair this academic year, sponsored by Washington credit unions and the Northwest Credit Union Foundation.   Attached please find a news release 

Attached Media Files: News Release
Students attend a Financial Reality Fair sponsored by St. Helens, Oregon-based InRoads Credit Union
Students attend a Financial Reality Fair sponsored by St. Helens, Oregon-based InRoads Credit Union
Thousands of Northwest Students Smarter About Money, Thanks to Credit Unions (Photo) - 06/11/19

More than 1,300 high school students are headed into summer smarter about how they manage their money. They attended a Financial Reality Fair sponsored by local credit unions and the Northwest Credit Union Foundation. Attached please find a news release and a photo cleared for your use.

Students attend a Financial Reality Fair sponsored by Nampa-based Clarity Credit Union
Students attend a Financial Reality Fair sponsored by Nampa-based Clarity Credit Union
Idaho Students Smarter about Money Management, Thanks to Credit Unions (Photo) - 06/11/19

Nearly 1,400 high school students attended a Financial Reality Fair at their school this year, sponsored by Idaho credit unions and the Northwest Credit Union Foundation.  Attached please find a news release and a photo cleared for your use.

old_west_3.jpg
old_west_3.jpg
Old West Federal Credit Union Provides Vital Financial Services to Rural Communities (Photo) - 05/22/19

The small town of Union, Oregon hasn’t had a local financial institution since the banks left town in 2012.

 

TIGARD, OR — (May 21, 2019) Old West Federal Credit Union has new friends in Union Oregon – a lot of them! 

The N.E Oregon-based, $172 million asset sized, credit union opened a branch in Union this month, a community that has not had a local bricks and mortar financial institution since Community Bank and Umpqua Bank left town seven years ago.

“The 2,000 people who live, farm, and own businesses in Union have been driving almost 30 miles round trip every time they need cash or need to make deposits,” said Ken Olson, Old West FCU President and CEO. “Now they have their own, local credit union. We’re so honored to bring financial services back to Main Street.”

He means that literally. The new branch is located at 539 Main Street. Old West purchased a former Community Bank branch building, remodeled it, and had a “soft launch” in early May.  The Grand Opening is scheduled for May 23, and Union residents and business owners are already welcoming their new Credit Union with open arms!

“In anticipation of Old West opening the branch here in Union, we opened several accounts at the La Grande branch,” said Charlie Morden, owner of the Historic Union Hotel. “It really does make life easier for us.”

Old West FCU’s commitment to Union is in alignment with the findings of an independent analysis by ECONorthwest, detailing Oregon credit unions’ $1.8 billion impact. The report, released early in 2019, documented how credit unions are financial services partners to consumers in both large metropolitan areas, and in small rural communities where out-of-state, for-profit financial institutions have closed branches.

Wait. There’s more.

With the opening in Union, Old West FCU now serves more than 12,000 members through a network of eight branches.

In each of the communities they serve, the credit union gives each full-time employee eight hours per month to volunteer. Employees donated more than 900 hours to volunteer for community organizations in the first quarter of this year alone.

“Good things happen because great people like Old West’s team members are willing to get involved,” said Bob Kavanaugh, VP, Business Development and Member Engagement. “They’re living our Power of Community brand, day in and day out.”

 

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The Northwest Credit Union Association is the trade association representing over 180 not-for-profit, cooperative credit unions in Idaho, Oregon, and Washington, and their 7.3  million consumer members. Those members are served by a professional workforce of 18,700 professionals. According to an independent analysis by economists at ECONorthwest, Northwest credit unions drove a positive economic impact of $7.8 billion last year. For information on how to join a credit union, please visit: https://yourmoneyfurther.com