TIGARD, Ore. (6/24/15)--Oregon Gov. Kate Brown signed into law a bill that updates the Oregon Credit Union Act.
SB 582, which had been awaiting Brown’s signature since June 4, makes changes to the Oregon credit union charter.
“This bill signing is a testament to the hard work of Oregon credit unions to build relationships with their legislators and make known the value they bring to their communities,” said Pam Leavitt, Oregon Northwest Credit Union Association policy adviser (Anthem June 22).
“The people of Oregon have spoken through the legislative process, and they want credit unions to be able to continue providing the excellent services and products they are known for without unnecessary restrictions,” Leavitt added.
The changes, which go into effect Jan. 1: