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It was founded as Lane Federal Credit Union, called U-Lane-O Credit Union from 1981 to 2003, then Oregon Community Credit Union up until 2016. OCCU received approval to convert to a community charger and change its name to Oregon Community Credit Union from U-Lane-O, allowing anyone living or working within a 10-county area to become a member.
In 2003, the credit union considered merging with Oregon Community Credit Union. [5] The merger, which would have been the largest in credit union history, was approved by the boards of both credit unions and was given regulatory approval by the FTC and the NCUA. The merger fell apart in June 2004. [6]
Municipal Credit Union (MCU) is a state chartered credit union headquartered in New York City, regulated under the authority of the National Credit Union Administration (NCUA). MCU is metro New York's largest credit union. As of 2018, MCU had $2.68 billion in assets. [1] It has approximately 425,000 members and 18 branches. [2] [3]
The credit union began with $437 in assets and 17 members and was first operated from the basement of Raleigh's Agriculture Building. [6] By 1960, the credit union grew to serve over 70,000 members and had assets of almost $25 million. [7] By 2022, State Employees' Credit Union had grown to over $53.1 Billion in assets and 2.7 million members.
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Omnicom is buying Interpublic Group in a stock-for-stock deal that will create the largest ad agency in the world with combined annual revenue of almost $26 billion. The names may be unfamiliar to ...