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CU System
Two Oregon CUs finalize merger
PORTLAND and SPRINGFIELD, Ore. (8/6/12)--UFCW Northwest CU in Portland, Ore., has merged into the bigger Northwest Community CU, based in Springfield, Ore., to provide UFCW members with more financial resources, Northwest Community said Wednesday.

The $24 million asset UFCW's lone branch in Portland started operating Wednesday as one of $689 million asset Northwest Community's branches (Portland  Business Journal  and OregeonLive.com Aug. 3).

Northwest Community has 16 branches in 12 Oregon cities. 

At the time of the merger, UFCW served 3,500 members, and Northwest Community had 73,000 members. 

Northwest Community will offer UFCW members additional services such as auto loans on location at participating dealerships, a full-service mortgage department with first-time buyers' programs, and a wider range of deposit accounts, the Journal said.


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