Sponsored by Lane Powell
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

Fast Food Slows Down

September 2014
Tuesday, August 26, 2014
BY KIM MOORE

The ubiquitous fast-food restaurant may be on the decline.


Read more...

Tight and Loose

September 2014
Wednesday, August 27, 2014
BY JENNIFER MARGULIS

As schools implement more rigorous academic standards, holistic and flexible approaches to K-12 education flourish.


Read more...

A Good Leap Forward

September 2014
Wednesday, August 27, 2014
BY AMY MILSHTEIN

Agriculture businesses ramp up to meet international demand as workforce and succession challenges loom.


Read more...

The Scott Kveton affair

News
Wednesday, July 09, 2014
ScottKvetonBY LINDA BAKER | OB EDITOR

Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.


Read more...

Downtime

September 2014
Wednesday, August 27, 2014
BY JESSICA RIDGWAY

How State Representative Julie Parrish (House District 37) balances life between work and play.


Read more...

Community colleges and sustainability

Contributed Blogs
Thursday, July 31, 2014
sustainabilityBY MARY SPILDE | OB GUEST CONTRIBUTOR

Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.


Read more...

South Waterfront's revenge

News
Thursday, July 24, 2014
MoodyAveBY LINDA BAKER | OB EDITOR

Remember the naysayers?  Those who called the South Waterfront aerial tram a boondoggle?  Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?


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