Long-Time CEO Mac McElwee Passes

PORTLAND, Ore. – Morris ‘Mac’ McElwee, who helped build Oregon’s biggest credit union, Portland Teachers CU into a credit union giant, passed away last month at the age of 79. The cause of death was Guillane-Barre syndrome. McElwee became treasurer-manager of the credit union that had less than $10 million in assets and he ran it until 1984 when it had grown to $140 million. Today, the credit union, now known as OnPoint Community CU has more than $2.3 billion under management and more than 180,000 members.

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