Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU in Oregon closing four branches in Portland
PORTLAND, Ore. (4/28/09)--Oregon Community CU, based in Eugene, Ore., will close all four of its branches in Portland during the next month, according to local media. Credit union officials told KMTR.com (April 23) that 26 employees would be affected by the closures. The decision was a business decision--only 15% of members in Portland actually used the branches. Many members do their banking online banking, said the station. Officials emphasized the credit union isn't under financial distress and that the institution is solid. However, the economy has hit Oregon hard with more than 12% unemployment, the nation's second-highest unemployment rate.


RSS print
News Now LiveWire
SuperValu confirms second data breach via @pymnts http://t.co/vpHVwhL3PV
1 hours ago
68% of businesses unprepared to respond to data breach: Experian/Ponemon #NewsNow #System http://t.co/T6KRtIZEoN
1 hours ago
New @CUNA CEO Nussle talks about CU tax status in @thehill : #NewsNow http://t.co/sm8TO71qb5
1 hours ago
#NewsNow: CU leagues of 5 states call for merchant breach accountability http://t.co/lnmpna8AoV
19 hours ago
Worker's CU, Fitchburg, Mass., was 1 of 5 CUs recognized with a 2014 @CUNA Technology Council Excellence in Technology Award
20 hours ago