Industry Banking Area served 28 Oregon counties Owner Member-owned Total assets 1.182 billion USD Net income 6.844 million USD | Key people Mandy Jones, CEO Number of locations 10 Founded 1956 Type of business Nonprofit organization | |
Services General loans, mortgages, banking accounts Similar Rogue Credit Union, Credit Union National, Florida Credit Union, SC State Credit Union, Credit Union 1 Profiles | ||
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, is a credit union based in Eugene, Oregon, USA, owned by more than 100,000 members.
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Oregon community credit union sisters
History
It was established in 1956 by a group of employees working for the state government who "pooled their money together in a shoe box." It is now the third largest of 84 credit unions in Oregon, serving 28 counties.
In 2003, the credit union considered merging with Portland Teachers Credit Union (now OnPoint Community Credit Union), the largest credit union in the state. The two did not end up merging.
Services
The credit union has seven branches in Eugene, Oregon, two in neighboring Springfield, and one in Salem. It publishes a quarterly newsletter, The Oregonizer.
The credit union offers investing, mortgages, home equity, auto loans and other loans, banking accounts, online banking, and debit and credit card services. It has been hiring, carefully though, despite the recent economic recession.
Awards
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." The credit union again won the award in 2010 and in 2011.