Terry Belcoe, president/CEO of North Coast Credit Union, said the average growth rate for Washington's credit union memberships has been 2 percent annually, however memberships jumped 10 percent in 2009. Photo by Lance Henderson
Credit union ranks swell in light of large bank failures
In the aftermath of recent bank failures such as Washington Mutual and, more locally, Horizon Bank, customers are taking a long hard look at where they keep their money. Some are taking their finances into their own hands and walking them over to credit unions and locally owned community banks looking for better customer service and someone they can trust.
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