Oregon Community Credit Union

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Oregon Community Credit Union
Non-profit organization
IndustryBanking
GenreCredit union
Headquarters,
Number of locations
10
Area served
28 Oregon counties
Key people
Mandy Jones, CEO
ServicesGeneral loans, mortgages, banking accounts
$6,844,064[1]
Total assets$1,181,668,707[1]
OwnerMember-owned
Websitewww.oregoncommunitycu.org

Oregon Community Credit Union, which was founded as Lane Federal Credit Union and then was called U-Lane-O Credit Union from 1981 to 2003,[2] is a credit union based in Eugene, Oregon, USA,[3] owned by more than 100,000 members.[4]

History[edit]

It was established in 1956 by a group of employees working for the state government who "pooled their money together in a shoe box."[5] It is now the third largest[5] of 84 credit unions in Oregon,[6] serving 28 counties.[5]

In 2003, the credit union considered merging with Portland Teachers Credit Union (now OnPoint Community Credit Union), the largest credit union in the state.[7] The two did not end up merging.[8]

Finance and services[edit]

Assets[edit]

2003 assets 2004 assets 2005 assets
$662,735,983[9] $704,993,341[10] $776,338,307[10]
2006 assets 2007 assets 2008 assets 2009 assets 2010 assets 2011 assets 2012 assets 2013 assets Approximate net change 2003–13
$730,895,199[11] $838,058,364[12] $848,742,138[13] $911,484,484[14] $949,519,749[4] $1,038,930,727[15] $1,102,263,946[16] $1,181,668,707[1] Increase78%

Services[edit]

The credit union has seven branches in Eugene, Oregon, two in neighboring Springfield, one in Salem, and one in Wilsonville.[17]

The credit union offers investing, mortgages, home equity, auto loans and other loans, banking accounts, online banking, and debit and credit card services.[18] It has been hiring, carefully though, despite the recent economic recession.[19]

Awards[edit]

In 2009, readers of Eugene's main newspaper, The Register-Guard, awarded the credit union as the best in Lane County for "lots of branches and great friendly service."[20] The credit union again won the award in 2010[21] and in 2011.[22]

References[edit]

  1. ^ a b c "2013 Annual Report" (PDF). Oregon Community Credit Union. Retrieved August 10, 2014.
  2. ^ "Oregon Community Credit Union". Bloomberg Businessweek. Retrieved August 5, 2010.
  3. ^ Oregon Community Credit Union- About Us. Oregon Community Credit Union. Retrieved August 27, 2010.
  4. ^ a b "2011 Annual Report" (PDF). Oregon Community Credit Union. Retrieved May 2, 2011.
  5. ^ a b c "Oregon Community Credit Union". LinkedIn. Retrieved August 5, 2010.
  6. ^ "Credit Union Database". Credituniondb.com. Retrieved August 5, 2010.
  7. ^ Russo, Edward (November 11, 2003). "Credit unions consider merger". The Register-Guard. Eugene, Oregon. p. B1. Retrieved August 5, 2010.
  8. ^ Mosley, Joe (May 29, 2004). "Credit union merger called off". The Register-Guard (Eugene, Oregon). Retrieved October 22, 2010.
  9. ^ "2003 Annual Report" (PDF). Oregon Community Credit Union. Retrieved October 15, 2010.
  10. ^ a b "2005 Annual Report" (PDF). Oregon Community Credit Union. Retrieved October 15, 2010.
  11. ^ "2006 Annual Report" (PDF). Oregon Community Credit Union. Retrieved October 15, 2010.
  12. ^ "2007 Annual Report" (PDF). Oregon Community Credit Union. Retrieved October 15, 2010.
  13. ^ "2008 Annual Report" (PDF). Oregon Community Credit Union. Retrieved October 15, 2010.
  14. ^ "2009 Annual Report" (PDF). Oregon Community Credit Union. Retrieved October 15, 2010.
  15. ^ "2011 Annual Report" (PDF). Oregon Community Credit Union. Retrieved April 15, 2012.
  16. ^ "2012 Annual Report" (PDF). Oregon Community Credit Union. Retrieved August 10, 2014.
  17. ^ "Locations & ATMs". Oregon Community Credit Union. Retrieved June 19, 2018.
  18. ^ "Web2Visit - Oregon Community Credit Union". Web to Visit. May 7, 2010. Retrieved August 5, 2010.
  19. ^ Buri McDonald, Sherri (May 25, 2010). "County jobless rate inches up". The Register-Guard (Eugene, Oregon): p. B4. Retrieved October 22, 2010.
  20. ^ "Professional Services". The Register-Guard. April 11, 2009. Retrieved August 5, 2010.
  21. ^ "2010 Readers' Choice Awards Top 3 Winners: Professional Services Categories". The Register-Guard. Retrieved August 5, 2010.
  22. ^ "2011 Readers' Choice". The Register-Guard. Retrieved May 2, 2011.

Coordinates: 44°09′34″N 123°01′05″W / 44.159549°N 123.018036°W / 44.159549; -123.018036