Oregon Credit Unions laws & compensation compliance analysis

Oregon Credit Unions: What you need to know

A credit union is a member-owned financial institution organized to encourage savings and to provide loans with competitively low interest rates to members. In Oregon, as elsewhere, credit unions have evolved into sophisticated financial institutions offering members a variety of services.
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Oregon has detailed and complex requirements for the formation of credit unions (OR Rev. Stat. Ch. 723; OR Admin. Rules Ch. 805 Div. 70). Because of the complexity of these laws, an organization seeking to set up a credit union needs expert assistance. It is often easier to join an existing credit union rather than to start a new one. Advice and assistance are available from:
Oregon Department of Consumer and Business Services
350 Winter Street Northeast
Salem, OR 97310
(503) 378-4140
Credit Union Association of Oregon
9730 Southwest Nimbus Avenue
P.O. Box 1900
Beaverton, Oregon 97075-1900
(503) 641-8420
(800) 688-6098

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Oregon Credit Unions Resources

Type Title
White Papers Credit Union Memberships Can Save Employees Money
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