Why We're Unique
Our History
In February 1951, 58 Safeway store employees listened to a presentation on the advantages of credit unions. More than 55 years later, the credit union they formed is still going strong, serving over 40,000 members.
Rivermark Community Credit Union’s history reveals six name changes. We have evolved from first serving only Safeway employees and their families to our current community charter that we adopted in 2004 (Safeway Portland Employees Federal Credit Union, Safeway Portland Credit Union, Safeway NorWest Credit Union, Safeway NorWest Central Credit Union, Safeway Northwest Central Credit Union and Rivermark Community Credit Union).
What Is The Credit Union Difference?
Rivermark Community Credit Union is an Oregon-based, not-for-profit financial cooperative, owned by the people who save and borrow here – our members. Credit unions are unique and different from other financial institutions. We do not issue stock or pay dividends to outside stockholders. Instead, earnings are returned to our members in the form of lower loan rates, higher interest on deposits and lower fees. Each credit union member has equal ownership and one vote, regardless of how much money a member has on deposit. Credit unions are governed by a volunteer board of directors, elected by and from the credit union’s membership.
Mission And Values
As a member-owned, not-for-profit financial cooperative, Rivermark Community Credit Union is committed to “Helping Members Get the Most Out of Life.” For more than 55 years, families in our communities have trusted us for unique and affordable financial solutions that make their lives easier.
With great rates, convenient access and the best banking deals around, Rivermark Community Credit Union helps over 40,000 members get the most out of life by maximizing their time and money. With friendly, personal service and advice they can trust, our members know we’ll do what it takes to get the job done – every time.
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