Oregon

Attorney General Jeff Sessions did not keep the rest of Washington apprised of his plan to rescind an Obama-era memo on pot. Now Fincen and other federal banking agencies are dealing with the backlash from that decision.

Attorney General Jeff Sessions’ decision to rescind an Obama-era directive that helped foster the marijuana sector’s growth raises new risks for banks and credit unions that do business with growers and dispensaries.

Attorney General Jeff Sessions’ decision to rescind an Obama-era directive that helped foster the marijuana sector’s growth raises new risks for banks and credit unions that do business with growers and dispensaries.

Davis, who stepped down as CEO a year ago, will retire as the company's chairman and as an employee at the end of 2017. Umpqua will then become one of the few publicly traded banking companies with a female chair.

The merger is the next step in a process which has seen NWCUA managing the Idaho league since Jan. 1, 2017.

Mary Greco will retire in January after a 38-year career in the credit union movement. She will be succeeded by Aaron Goff, former CEO of Greater KC Public Safety CU.

TriMet is the latest U.S. mass-transit agency to announce a program modernizing its payments and ticketing system.

Umpqua has taken a cue from other regionals that have found success in investment banking.

Oregon-based CU increased its loan portfolio by $40 million, membership continues climb.

Monday’s eclipse is an astronomer’s dream, but CUs’ responses range from trying to make hay while the sun isn’t shining to preparing for potential disaster.

While industry consolidation remains slow compared with previous years, certain regions are humming along with strong volume and improved pricing. Here’s a look at each region based on June 30 data from KBW and S&P Global Market Intelligence.

Oregon-based CU increased its loan portfolio by $17.5 million.

TriMet, the regional transportation system based in Portland, Ore., recently began a test of a reloadable fare system and later this year it will add Near Field Communication-based payments via bank cards and smartphones to its pilot.

Oregon-based CU now can serve the licensed insurance industry nationwide.

Rogue Credit Union is growing rapidly, but insists it is not pursuing growth.

Real estate loans have been growing over the last few years despite a number of headwinds, but can CUs build on that trend as interest rates rise?

CUs’ impact in Oregon/Washington is equivalent to the annual revenue of Hershey, Mutual of Omaha.

If underwriting standards at other lenders begin to fall, how will CUs respond?

An influx of new people to the Pacific Northwest and Southeast could have big implications for banking, from M&A to de novo efforts.

Columbia Banking System in Tacoma, Wash., landed the first sizeable deal of the New Year with an agreement to buy Pacific Continental in Eugene, Ore.