Home Must Reads Oregon credit unions taking large public deposits

Oregon credit unions taking large public deposits

| Print |  Email
Must Reads
Tuesday, April 02, 2013

Ten Oregon credit unions can take public deposits larger than $250,000 beginning this week.

Before now, only banks could take more than $250,000 from state agencies, cities, schools and utility districts in Oregon. But the Oregon Legislature in 2010 authorized Oregon Treasurer Ted Wheeler to set up a similar collateralization program for credit unions. That program went into effect Monday.

The cities of Portland, Beaverton, Corvallis, Independence and Klamath Falls have pledged to deposit money in credit unions, Wheeler's office said in a press release.

Read more at OregonLive.com.

{biztweet}oregon credit union{/biztweet}

 

More Articles

Gone Fishing

October 2014
Thursday, September 25, 2014
BY LORI TOBIAS

Business has been good to Laura Anderson, leading some to suggest she must be awfully lucky to find such success in a business notorious for failure. But luck’s had little to do with it.


Read more...

The clean fuels opportunity

News
Monday, November 10, 2014
111014-dirtyfuel-thumbBY KIM MOORE | OB RESEARCH EDITOR

A market for low-carbon transportation fuels has a chance to flourish in Oregon if regulators adopt the second phase of the state’s Clean Fuels Program.


Read more...

A Recipe for Success

October 2014
Thursday, September 25, 2014
BY LINDA BAKER

Two businesswomen, two iconic food brands and one food-obsessed city. We thought this sounded like a recipe for good conversation. So in late August, Oregon Business sat down with Wendy Collie, CEO of New Seasons Market, and Kim Malek, owner of Salt & Straw, to discuss their rapidly expanding businesses and Oregon’s trendsetting food scene.


Read more...

The Diaspora

October 2014
Thursday, September 25, 2014
BY LEE VAN DER VOO

Former newspaper reporters move into brand journalism.


Read more...

I Know How You Feel

November/December 2014
Wednesday, October 22, 2014
BY JESSICA RIDGWAY

Most smartphones come equipped with speech recognition systems like Siri or Cortana that are capable of understanding the human voice and putting words into actions. But what if smartphones could do more? What if smartphones could register feeling?


Read more...

Water World

November/December 2014
Wednesday, October 22, 2014
BY KIM MOORE

Fred Ziari aims to feed the global population.


Read more...

Fork & Bottle

October 2014
Thursday, September 25, 2014

National media can’t get enough of Oregon’s pinot noir, artisan-food purveyors and lively, independent film scene.


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