Oregon credit union to buy in-state bank

Oregon credit union to buy in-state bank

Salem-based Maps Credit Union’s purchase of Lewis & Clark Bank marks the fourth whole-bank acquisition proposed by a credit union this year.

Beacon Hill Could Allow Credit Unions to Absorb Mutual Banks

A bill that would allow for Massachusetts credit unions to take over mutual banks passed its first hurdle yesterday: Getting a committee hearing.

Oregon credit union buying in-state bank

In the fourth credit union-buying bank deal announced this year, Maps Credit Union in Salem plans to acquire Lewis & Clark Bank in Oregon City. Marion and Polk Schools Credit Union is buying the $342 million-asset Lewis & Clark Bank in Oregon City, Oregon. No financial details of the deal