Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Northwest CU Association is formed
FEDERAL WAY, Wash. and BEAVERTON, Ore. (11/12/10)—The memberships of the Credit Union Association of Oregon and the Washington Credit Union League voted “overwhelmingly” to affirm the creation of the combined Northwest Credit Union Association (NWCUA). The new association will begin operations on Jan. 1, 2011. “It’s been a very exciting, very busy few months preparing for the vote, and for moving forward as a regional organization,” said Washington Credit Union League Chairman Debie Keesee, president/CEO of Spokane Media FCU, when she announced the merger affirmation. “It’s gratifying to know that our efforts will benefit credit unions for decades to come.” “Both boards acknowledged that our memberships would be listening very carefully,” says Oregon Credit Union Association Chairman Gene Pelham, president/CEO of Rogue FCU. “We made the case to our credit unions and they responded. Now it is time to move forward into our next chapter.” As its first step, the Northwest Credit Union Association is introducing its new brand identity to the credit union community. Its three-color logo is "credit union centric" and "pays homage to the association’s northwest roots", according to the new association. “As we embrace the new organization, it is also our responsibility to reflect on what the last 75 or so years have meant to our region’s credit unions,” says Washington Credit Union League President/CEO John Annaloro. “Care and tradition went into building both organizations. We would be remiss to not honor that.” The Washington Credit Union League incorporated on Nov. 3, 1934, with a mandate to increase the number of credit unions in the state, improve credit union operating methods, and to help provide adequate credit union legislation. It currently serves 118 credit unions with 2.7 million members. The Credit Union Association of Oregon was incorporated in 1936 as
The Washington Credit Union League and the Credit Union Association of Oregon have merged. Credit Union Association of Oregon Board Chairman Gene Pelham (center left) and Washington Credit Union League Board Chairman Debie Keesee (center right), cut a ceremonial wedding cake representing the uniting of the trade associations. Washington Credit Union League President/CEO John Annaloro is on the far left, and Credit Union Association of Oregon President/CEO Troy Stang is on the far right.(NWCUL photo)
the Oregon Mutual Credit League representing the legislative, educational, and service needs of Oregon’s credit unions. Serving a peak of 265 credit unions in 1970, the association currently serves 85 credit unions with 1.5 million members. Operational priorities for the new Northwest Credit Union Association will focus on government affairs, regulatory relief, compliance services and putting the final touches on a joint educational calendar. During months of merger discussions, which included the formation of committees and conversations with the membership, both trade associations united in identifying objectives and strategies for the NWCUA. “I can say unequivocally that the Northwest Credit Union Association is future focused and is prepared to usher in a new era for our region’s credit unions,” says Credit Union Association of Oregon President/ CEO Troy Stang. “It’s an exciting time to build on the strengths for which our organizations have long been recognized.”


RSS print
News Now LiveWire
July 's Fed Bank's "FedFocus" has some interesting articles: incl cost/benefits of $1 currency 2 coin conversion ttp://tinyurl.com/nybmnhh
13 hours ago
Do you wish you were a News Now subscriber? Go here: http://t.co/7evfBSjeMx
13 hours ago
Financial education for student body key part of Altura #creditunion, UC-Riverside partnership #NewsNow http://t.co/Xp6OJd66o6
14 hours ago
.@VTcreditunions gains 200 new FB followers in just 2 wks to reach 1,000 http://t.co/I89xJcv4Jg
15 hours ago
.@CUNA is testifying on reg relief Tues,July 15 at 2 p.m. be4 Hs Fin Serv Subc. Here is the agenda and witness list: http://t.co/yBRhlmdqHt
17 hours ago