TIGARD, Ore.– Forbes has named Unitus Community Credit Union the third best credit union in Oregon, up from fourth in 2023.
“We are honored to be named the third best credit union in Oregon by Forbes,” said Steven Stapp, president and CEO of Unitus Community Credit Union. “Receiving validation from our members makes our work even more meaningful. As we put the membership at the center of our decisions, it’s clear from this ranking that our members feel and appreciate that effort.”
Unitus is one of four Oregon-based credit unions to earn the “best in state” ranking.
“This ranking is a testament to all of team Unitus. Every employee in our credit union is committed to delivering inspiring service and serving as a trusted financial partner,” explained Stapp. “The‘best-in-state' honor affirms that our members can access what they need for every phase of their financial journeys. We couldn’t ask for a stronger vote of confidence.”
The Forbes “best in state” credit union rankings can be found here.
Account is Certified
Separately, Unitus CCU’s Tru Checking account has earned certification for meeting the Bank On National Account Standards through the national Cities for Financial Empowerment Fund (CFE Fund).
The standards, co-created by consumer advocates, leading national nonprofit organizations, civic leaders, and other financial institutions, designate both core and strongly recommended features that ensure low cost, high functionality, and consumer safety.
Key features of the Unitus Tru Checking account include no monthly service fees, no overdraft or nonsufficient fund fees, the ability to pay bills and make purchases, and federal deposit insurance.
“We are pleased that our Tru Checking account has been certified as a safe and affordable option by the CFE fund,” said Stapp. “The Bank On certification strengthens our existing community partnerships through national recognition, while opening doors to additional community programs through the Bank On network.”
“The Cities for Financial Empowerment Fund is delighted to award its national Bank On account certification to Unitus Community Credit Union’s Tru Checking,” added Jonathan Mintz, president and CEO of the Cities for Financial Empowerment Fund. “Tru Checking offers Oregon and Washington residents who are looking to improve their finances a safe, affordable, and truly useful mainstream banking product to access and manage their money. Unitus' offering of this terrific account brings them into the forefront of national banking access efforts, and we thank them.”
The goal of Bank On is to ensure that everyone has access to safe and affordable financial products and services. The Bank On National Account Standards identify critical product features for appropriate bank or credit union accounts, making it easier for local coalitions across the country to connect consumers to accounts that meet their needs.
Financial institutions with Bank On certified accounts already comprise two-thirds of the national deposit market share. In addition to Tru Checking, there are close to 450 other Bank On certified accounts available at financial institutions across the country and 23 Oregon financial institutions offer certified Bank On products. Data collected by the CFE Fund in partnership with the Federal Reserve Bank of St. Louis through Bank On’s national reporting platform shows that these accounts are meeting consumers’ needs; since their offering, millions of consumers have opened Bank On certified accounts, with approximately 85% of them opened by consumers new to the financial institutions.
The CFE Fund leads the national Bank On movement, supporting 100 local coalitions working to connect individuals and families to the financial mainstream through partnerships between governments, financial institutions, and community organizations.