Oregon Community Credit Union
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 150,000 members.
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, the largest credit union in the state. The two did not end up merging.
Finance and services
Assets
2006 assets | 2007 assets | 2008 assets | 2009 assets | 2010 assets | 2011 assets | 2012 assets | 2013 assets | Approximate net change 2003–13 |
$730,895,199 | $838,058,364 | $848,742,138 | $911,484,484 | $949,519,749 | $1,038,930,727 | $1,102,263,946 | $1,181,668,707 | 78% |
Services
The credit union has seven branches in Eugene, Oregon, two in neighboring Springfield, one in Salem, and one in Wilsonville.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.