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CU System
21 Oregon CUs get REAL
BEAVERTON, Ore. (9/20/09)--Twenty-one Oregon credit unions are participating in the state's pilot of the National Credit Union Foundation's REAL Solutions program, the Credit Union Association of Oregon (CUAO) announced Wednesday. The program helps credit unions meet the needs of members with low or moderate incomes, young adults, new Americans and the unbanked. During the pilot year, 21 credit unions will work with CUAO to initiate the program in their credit unions. They have indicated that outreach to young adults is a primary goal. "We are thrilled to bring REAL Solutions to Oregon," said Kasey Rockwell, CUAO's director of credit union development. Oregon's credit unions "will be able to tap into the resources of the REAL Solutions program, as well as network with over 600 credit unions across the country to enhance their mission as a member-owned cooperative. "Our focus is on helping our members and, ultimately, developing stronger and healthier Oregon families and communities," Rockwell added. As part of REAL Solutions, credit unions' programs aim to reduce dependency on predatory financial providers, encourage saving and wealth-building, build creditworthiness, increase financial self-sufficiency and improve the economic well-being of Oregon communities. CUAO's participation is supported by a grant from the Oregon Credit Union Foundation. The first partnership meeting will take place Sept. 10 in Albany, Ore.
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