Oregon: CUs Rate Low When It Comes To Complaints

BEAVERTON, Ore. - Credit unions caused just 1.7% of total consumer complaints in Oregon related to financial institutions, according to the state's Department of Justice 2006 Top 10 Consumer Complaint list.

Financial institutions (as a broad category) dropped to the second spot after telecommunications. The remaining eight categories in the top 10 were motor vehicle sales, collection agencies, Internet retailers, sweepstakes/prize promotions/foreign lotteries, health care, gasoline prices, Internet auctions and construction contractors.

Within the financial institution category, credit unions received a scant 1.7% of total complaints, the lowest of all subcategories listed. The financial institution category breaks down as follows: Financial Institutions (761); Credit Cards (286); Real Estate Financing (89); Sales Financing (78); Mortgage Brokers (78); Commercial Banking (76); Consumer Lending (26), and Credit Unions (13).