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Advantis Credit Union members approved consolidating with Rivermark Community Credit Union, which will create Oregon's second largest financial cooperative by assets in early October when the merger becomes legal.

Advantis will temporarily use the name "Advantis Credit Union, A Division of Rivermark Community Credit Union," the credit unions said in a prepared statement on Tuesday. After the operational and system integration of both credit unions expected to be completed in early 2025, the combined entity name will fully transition to Rivermark Community Credit Union. The new credit union will assume Advantis' corporate campus in Oregon City, as its headquarters, and Rivermark's office in Beaverton, will be retained as additional administration space.

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