Rivermark closes two more branches

| Print |  Email
Must Reads
Wednesday, August 22, 2012

Rivermark Community Credit Union is closing its locations in Clackamas and Newberg as it moves towards a focus on mobile banking.

The Beaverton-based credit union closed its Salem branch in June. The moves come as banks and credit unions face pressures to cut costs amid tighter loan margins and increased competition for loans.

"We believe branches remain vital and we do not plan to become a branchless credit union," said David Noble, a credit union spokesman. However, nearly two-thirds of its members visited the Clackamas and Newberg branches less than once a month, he said.

Read more at OregonLive.com.

{biztweet}rivermark{/biztweet}

 

More Articles

Reader Input: Rx for Health Care

July/August 2015
Wednesday, July 15, 2015

We asked readers how Obamacare has impacted their business.


Read more...

Fueling Up for the Climb

July/August 2015
Friday, July 10, 2015
BY GREGG MORRIS

Rita Hansen aims to scale natural gas vehicle innovation.


Read more...

Loose Talk

July/August 2015
Friday, July 10, 2015
BY AMY MILSHTEIN

When gossip crosses the line.


Read more...

Greenpeace (temporarily) prevents Shell oil ship from leaving Portland

The Latest
Thursday, July 30, 2015
hangersBY JASON E. KAPLAN | STAFF PHOTOGRAPHER

Activists have suspended themselves from the St. Johns Bridge in Portland, slowing an icebreaker's departure for the Arctic.


Read more...

Downtime with Debra Ringold

July/August 2015
Monday, July 13, 2015
BY JACOB PALMER

Dean of the Atkinson Graduate School of Management, Willamette University


Read more...

Stemming the tide of money in politics

Linda Baker
Wednesday, June 10, 2015
 jeff-lang-2012-thumbBY LINDA BAKER

Jeff Lang and his wife Rae used to dole out campaign checks like candy.  “We were like alcoholics,” Lang says. ”We couldn’t just give a little.”


Read more...

Department of Self-Promotion

Linda Baker
Wednesday, June 17, 2015

061715-awards1Oregon Business wins journalism awards.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS