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

Private liberal arts education: superior outcomes, competitive price

Contributed Blogs
Tuesday, August 26, 2014
0826 thumb collegemoneyBY DEBRA RINGOLD | OP-ED CONTRIBUTOR

Why has six years become an acceptable investment in public undergraduate education that over-promises and underperforms?


Read more...

Gender Code

September 2014
Tuesday, August 26, 2014
BY COURTNEY SHERWOOD

Janice Levenhagen-Seeley reprograms tech.


Read more...

Podcast: Interview with Pete Friedes

Contributed Blogs
Wednesday, August 27, 2014

082714-thumb friedesbookTom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.


Read more...

Startup or Grow Up?

September 2014
Tuesday, August 26, 2014
BY JON BELL

Startup culture is all the rage. Is there a downside?


Read more...

Back to School

September 2014
Wednesday, August 27, 2014
BY LEE VAN DER VOO

By now we’ve all read the headlines: Starbucks is giving away free degrees. Except it isn’t.


Read more...

A Taste of Heaven

September 2014
Tuesday, August 26, 2014
BY VIVIAN MCINERNY

Craft beer comes to Mount Angel.


Read more...

Two sides of the coin

Contributed Blogs
Monday, August 25, 2014
0825 thumb moneyBY JASON NORRIS | OB GUEST BLOGGER

Ferguson Wellman’s investment views on the economy and capital markets.


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