FEDERAL WAY, Wash. – The joint 10-member task force representing Washington and Oregon credit unions and studying the feasibility of a consolidation of the Washington Credit Union League and the Credit Union Association of Oregon plans to meet this week to decide if they've gathered sufficient information to make a recommendation to the two organization's boards regarding the consolidation. WCUL President/CEO John Annaloro said there are several options the task force can present to the boards. It can say it needs more information, or that it has enough information but a consolidation doesn't make sense, or it can recommend consolidation. Annaloro said the task force is queued for the meetings the WCUL Board and CUAO Board intend to hold in May. If the task force recommends consolidation, it will then be up to the boards to determine if they want to propose the move. "The Washington Credit Union League and Credit Union Association of Oregon have been talking consolidation for about 20 years, so obviously there's no urgency and they want to be very thorough," said Annaloro.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
