Credit Unions Love Their Members

You’ll hear us at WCU talk about the Credit Union Advantage quite often. It’s what sets us, and all credit unions, apart from for-profit banks. We’re not based in New York or London trying to drive increased profits from shareholders, instead we’re local people focused on helping out specific regions (in our case), or dedicated to a particular group of people, for example a credit union that serves people that work for a single company, or professional field. More importantly, our profits are returned to our members.

All members are equal owners of Wauna Credit Union, each member maintains a $5 share of ownership in their Share Savings Account. That means everybody is eligible to vote for our volunteer boards, and even to run for a position on the Board of Directors.

Picture of the communications center - not a link — Our Communications Center team shows their love.

While people may think of different credit unions as competitors, that’s really not the case. We work hand-in-hand with credit unions all over the country to ensure we deliver top-end service and technology no matter where our members are. That means that no matter if you are in New York City or Ames, Iowa, WCU members can go into a branch and be treated as a member, or use a CO-OP ATM (the second largest ATM network in the country) free of charge.

The members as owners value is so important, not just to us, but to every person who is potentially a member of a credit union, which really is anybody and everybody. That’s even more evident today. Ten years after the big financial institutions caused the biggest recession in the last 60 years, nothing has changed.

The sad thing is because of the advertising budgets those big banks have, many people really don’t understand how credit unions are different. If you’re reading this and are a member of a credit union, thank you. If you’re not, please look into it. We hope you chose Wauna Credit Union, but as long as you chose a credit union that works for you, we’re happy.

January Anniversaries

Wauna Credit Union is kicking off our 51st year of serving members of the towns and cities surrounding the Columbia River. We’re continuing to grow (if you want to join us check out our careers page). Today we kick off the year by hearing from the employees who celebrate their anniversary in January.

Nathan Philips – 13 years
What is your current position?
I started my career at Wauna Credit Union as a Member Service Representative, I now serve as the Vice President of Technology. My duties include forecasting the technology needs of the credit union, managing our Information Technology team, and formulating our Information Security strategies.

What is your favorite WCU memory?
My favorite memories at Wauna Credit Union include seeing members I used to help on the teller line at events, such as our Annual Meeting. I enjoy hearing about how they are doing and seeing their smiling faces like I used to.

What is something you like to do when you’re not at work?
When I am not at work, I enjoy spending time with my family. My wife, son, and furbabies enjoy a nice hike in the Astoria area. I am also a member of a local bowling league in Astoria.

Serena Schlosser – 3 years
What is your current position?
I was just promoted to Lending Administration Manager upstairs in the Astoria Branch. I support the Consumer and Mortgage Lending teams, making sure every i is dotted and every t is crossed so the credit union stays financially sound.

What is your favorite WCU memory?
I have a lot of great memories, and some of the best ones come from when we all get together. One of my proudest moments was at the holiday party last year when the Top Underwriter and Mos

t Helpful awards. It’s always nice to be recognized for your hard work.

What is something you like to do when you’re not at work?
When I am not at work I enjoy gardening, cooking, and camping with my family. I also serve on a volunteer board for the Lower Columbia Preservation Society. I dig old buildings, and really like working with people to keep them around.

Pam Weller – 13 years
What is your current position?
I’m the Regional Manager for WCU. In my position I oversee the deposit and lending growth of the branches, and work closely with the Area and Member Service Managers to implement credit union strategies.

What is your favorite WCU memory?
There are many great memories of my time with WCU, however I would say the best ones have come from working with the Vernonia Branch on floats and projects during Jamboree weekend. It’s a great time to have fun and be creative as we spend time with each other as well as the community.

What is something you like to do when you’re not at work?
In my spare time I enjoy quilting, knitting, horseback riding and camping.

Others

Jenifer Katon – 4 Years
Randy Buholts – 8 Years
Zara Ahlers – 4 Years

Let us be your Wedding Financial Planner

As soon as the proposal happens, the wedding planning begins (sometimes before). However, if you are like many people, you are paying for your own wedding, or honeymoon, or any of the giant expenses often involved in saying “I do.” At the Shore Style Wedding Faire there will all sorts of vendors helping you with your upcoming nuptials, including Wauna Credit Union.

For many, the idea of parents paying for their children’s wedding is a fairy tale, and even being able to save for a wedding for years and years, is difficult. It can start that union with unneeded stress or prolonged waiting. So, how does one cover the costs of rings, the honeymoon, and the wedding? Even a small, intimate wedding of just your closest friends and family is going to cost more than most can readily afford. What’s a couple to do?

ShoreStyle Wedding Faire February 3 10 am to 3:30 pm — The Shore Style Wedding Faire is this Saturday

Financing Your Wedding

One simple way to deal with these expenses is with a personal loan. A personal loan is often the least expensive way to pay. It’s way cheaper than using a credit card, and the qualifying process is quicker than trying to do a home equity loan. Borrowing for your wedding is a simple way to make your dreams come true without the stress. We can set your loan payment to fit your budget, and we can make the payments automatic to keep it simple.

A wedding loan could actually help you build credit as a couple, which will serve you well when purchasing a home, or a new car in the future, and Wauna Credit Union will be there to assist with that as well. In fact, we offer a variety of options to take the worry out of paying for your wedding so you can focus on planning it, and your new life together. For example, apply for a personal loan to cover the big wedding costs, and a Wauna Credit Union VISA credit card to pay for incidentals or to use on your honeymoon – it’s far more secure than cash or debit cards when traveling. If you opt for a Rewards card, you might even cover airfare with the points you earn!

Why struggle? Let us be you Wedding Financial Planner, and take the stress off of paying for the big event, so you can enjoy your special day and focus on the most important thing – each other.

How do the new tax laws affect mortgages?

You may have heard about the Tax Cuts and Jobs Act that was signed into law at the end of December. This major legislation affects many things. If you want to learn more about how it affects you, please reach out to a certified tax professional.

Wauna Credit Union CXO John Moore — John knows that changes in the tax law can change how people deal with their finances.

The Wonderful World of Wauna decided to dig a little deeper. So, we sat down with our CXO John Moore, who has 23-years of experience in finance, which includes overseeing Wauna Credit Union’s mortgage and lending teams, to talk about how the new laws impact mortgages.

Please note, this blog should not replace advice from a certified tax advisor.

Thanks for taking the time to speak with us.
My pleasure. It’s great to talk to somebody who’s beard is almost as magnificent as mine.

Can you give an overview of how the new laws change things?
In general the law lowers the limits related to mortgage deductions. In short if you own expensive real estate you may not get the deductions you used to. The main changes:

The maximum mortgage debt homeowners can deduct was decreased from $1 million to $750,000. Although those with existing loans are grandfathered in
The law eliminates tax deductibility for interest paid on home equity loans and home equity lines of credit (HELOCs)
The deduction for property taxes is now limited to $10,000

How does this change things for mortgages?
The thing it really does is make first mortgages much more appealing. Since the interest in first mortgages is still deductible, and because the rates on first mortgages are almost always lower than equity loans and lines, we expect to see more of our members looking at refinancing.

What about members who want to do home improvement, or previously used home equity loans and HELOCs to finance other things, like education and paying down high-interest debt?
First mortgages can be great for that as well. Since Oregon and SW Washington have seen a dramatic rise in home values, most of our members have a lot of equity in their homes. Those who have a big expense can take care of it with a cash out first mortgage for any home improvement or debt consolidation.

Does this make second mortgages less appealing?
Not necessarily, even though non-housing interest is no longer deductible on equity loans, they still are very useful. First of all, the rates on equity loans tend to be lower than non-secured loans, which means you are still stretching your money further. In addition, just having an equity line handy in case of emergencies can provide tremendous peace of mind.

Any final things you’d like us to know?
Han shot first.

Thanks John for taking the time to speak with us. If you have any questions about mortgages WCU has experts in every branch who are happy to help you with your existing mortgage, or get you on the road to home ownership, and phone consultants available 24/7 at 800-773-3236.

January Statement Insert – 60 Days No Payments 1% Cashback, IRA, TurboTax

Looking for a Loan to Love?
60 Days No Payments!
1% Cash Rebate!*
& your title transfer is our treat!
That’s why we’re offering to take your less-than-loveable-loan from elsewhere & delight you with a Wauna Credit Union loan!
At Wauna Credit Union, we want to spark that special feeling
in your heart when you think of us. Apply online or by phone,
waunafcu.org l 800-773-3236
24 hours a day, 7 days a week
*Special Promotional Terms: Refinance a qualifying loan (Auto, Truck, SUV, Van, RV-motor home, trailer, boat, motorcycle, watercraft; or, Closed-end, Unsecured loan), currently financed elsewhere, to Wauna Credit Union, and qualify to receive: 1. An immediate Cash Rebate equal to 1% of the approved loan value [Note: the full amount of the promotional cash rebate remitted to member may be forfeit if less than 50% of the total funded loan balance remains in the account 120 days after the loan funding date]; 2. 60-Days No Payments (interest will continue to accrue during the 60-day period); and, 3. Wauna CU will also pay the vehicle title transfer fee up to $100 (member is responsible to pay any additional amount). Minimum loan amount to qualify for special terms: $2,000; Maximum rebate allowed is $500 per qualifying loan. These special, promotional financing terms end at close of business April 30, 2018. Rates & financing are offered based on applicant’s credit worthiness and term of the loan. Membership with Wauna CU required to qualify for this special offer.

It’s Time!
Competitve rates and easy, automatic deposits are just a few of the benefits.
Talk to one of our experts & find out how easy retirement planning can be!
To Start An IRA We can help you start an IRA that won’t hurt your wallet,
but will make fora great future!

Scholarship Applications are available now at waunafcu.org. Deadline to apply is April 16, 2018. We encourage high school seniors and college students to apply, prior recipients are welcome to reapply. #WaunaCares

Use TurboTax to file and be entered to win $25K! Plus, get a member discount when you use Turbo Tax through the link at waunafcu.org!

Community Builder 11 mo. Certificate Account
1.35% APY* Enjoy a higher rate of return
while saving for the future & helping your community thrive!
$500 min. *details at waunafcu.org

ADDENDUM TO
ELECTRONIC FUND TRANSFERS AGREEMENT
AND DISCLOSURE
The following information pertaining to debit cards is added to the Electronic Fund Transfers Agreement and Disclosure:
Card Information Updates and Authorizations. If you have authorized a merchant to bill charges to your card on a recurring basis, it is your responsibility to notify the merchant in the event your card is replaced, your card information (such as card number and expiration date) changes, or the account associated with your card is closed. However, if your card is replaced or card information changes, you authorize us, without obligation on our part, to provide the updated card information to the merchant in order to permit the merchant to bill recurring charges to the card. You authorize us to apply such recurring charges to the card until you notify us that you have revoked authorization for the charges to your card.
Your card is automatically enrolled in an information updating service. Through this service, your updated card information (such as card number and expiration date) may be shared with participating merchants to facilitate continued recurring charges. Updates are not guaranteed before your next payment to a merchant is due. You are responsible for making direct payment until recurring charges resume. To revoke your authorization allowing us to provide updated card information to a merchant, please contact us.
This Addendum revises the terms of the Electronic Fund Transfers Agreement and Disclosure (Agreement). Please keep a copy of this Addendum with the Agreement. Except as set forth in this Addendum, the Agreement is unaffected and shall continue in full force and effect in accordance with its terms. If there is a conflict between this Addendum and the Agreement, the terms of this Addendum will prevail.

Loving Your Dream: Four Friends are Chop Chopping All Over Oregon!

Long-time friends Kinnell & Jon Steward and Dennis & Debbie Gorton always look forward to their annual camping trip with several other families, and the meal everyone looks forward to on that trip is Chicken Sundae night! “We do it potluck style and everyone would bring some of the toppings. As new families would join the group they would ask “what is this crazy dinner…I have never heard of a Chicken Sundae…we would just smile and say wait until you try it!” Steward said.

Kinnell and Jon stand in front of the truck

In the spring of 2015 the Gortons had an opportunity to sell Chicken Sundaes at a fundraiser for a friend who was battling brain cancer. They were an immediate hit! That June during the camping trip, they decided to bring the Chicken Sundaes to the people. The couples cobbled together their own money to buy equipment and supplies, and two months later Chop Chicken Sundaes made its debut at the 2015 Vernonia Friendship Jamboree. Their first real event was a hit!

“We decided to see where this crazy idea would take us so we started selling at Farmers Markets and Events,” Kinnell said. “We were a pop up restaurant, so we would pull up, unload our equipment, build a restaurant, prep our food, sell the food, clean up and pack it all back into our trailer. It was a ton of work. We knew that if we were going to keep following this dream we would need to find an easier way to do it, and that meant building a food truck.”

Customers warm their hands in front of the truck The couples researched and realized they would never be able to afford it on their own. The Stewards are long-time members with Wauna Credit Union, and presented their business plan to the Vernonia Branch. Right away Pam Weller, and the rest of the team at Wauna shared their vision, and went to work seeing how they could help the foursome realize their goals.

“The team at Wauna was super,” said Kinnell. “Pam and Sue worked with us to get the business plan together, and gathered enough evidence to make the loan.” Almost immediately Wauna’s faith in the business paid off and the friends were realizing their dreams of taking Chicken Sundaes all over the state of Oregon & beyond.

Chop Chop Chicken Sundaes has built a fanbase all over Oregon. “Even though it’s hard work at times, we’re having so much fun. We love talking to people, and introducing them to Chicken Sundaes,” said Jon. “We are so grateful to Wauna for seeing our vision and believing in us, we wouldn’t be where we are today if it weren’t for Pam and the team at Wauna.” Customers gather at the Chop Chop truck

If you want to find out when Chop Chop Chicken Sundaes will be in your area, visit their website at www.choppdx.com, like their Facebook page or follow them on Instagram, and if you are interested in finding out more about what WCU can do for you, visit waunafcu.org.

Employee of the Quarter – Kailynn Daum

One of the mantras we have at Wauna Credit Union is in order to be the financial institution that members choose first, use the most, and grow with throughout their lives, we have to have the best people. Every quarter we recognize one employee as the Employee of the Quarter. Our honoree for the final quarter of 2017 is Kailynn Daum. We sat with Kailynn to find out more about her experiences at Wauna.

What is your title?
For the last year, I’ve served as a Training Specialist after spending most of my six years at Wauna as a Teller/Member Consultant out of the Saint Helens branch-with a brief excursion on the Operations team in Clatskanie. I get to use my experience from being on the front line to teach our internal members (employees) in a variety of areas to help them better serve our members. I love that Wauna is committed to education and opportunity, and that I get to be a big part of that.

What brought you to WCU?
I have been a member since I was 16 and always felt valued and taken care of as a member, so when I saw a position open for an on-call teller in the Saint Helens branch I decided to go for it. I had a few years of waitressing experience but knew nothing about the financial industry so I was a little nervous coming in. With the help of my team I quickly found my bearings and I am very fortunate to have had some great mentors over the last six years that have helped me get to where I am now.

What is your favorite thing about working here?
Wauna is really committed to employees education and growth. The Credit Union really invests in its employees which in turn benefits our members, and I love that I get to be a part of that in the Training Department. It is so rewarding to see an employee grow in to their position, develop a career path and find their success.

What project has been your favorite?
The training team is very project focused so it’s hard to pick just one. The thing I love the most about taking on big projects is the sense of comradery that comes with it. Thinking back on the times that we have spent countless hours practicing for a big presentation or working in to the night on our card conversion, those were the times that really brought us together as a team.

Kailynn and her manager Sarah on Halloween — Party on Sara. Party on Kailynn

Have you ever done anything embarrassing at work?
When I was working in Saint Helens branch one of our call center reps called needing some information, I forgot to place her on hold and instead just set the phone down. While I was getting the information for her my colleague and I were throwing down a very dramatic duet of Bohemian Rhapsody. When I returned to the phone I realized what I had done and tried to play it cool, but she had heard everything. She did complement our duet but I think it was only because she felt sorry for us.

Where did you grow up?
I grew up in Saint Helens and that is where my husband and I decided to stay. We love being outdoors so being within a couple hours drive of the river, ocean, and mountains (and family) is great.

December Anniversaries

Wauna Credit Union has had a lot of exciting things happen this year, our 50^th year of serving members of the small towns surrounding the Columbia River. We’re continuing to grow (if you want to join us check out our careers page). Today we wrap up the year by hearing from the employees who celebrate their anniversary in December.

Amy Grubb – 5 years
What is your current position?
My current position is Member Service Manager of the Scappoose branch. My main focus is making sure my branch runs smoothly and supporting and training my MC’s so that our members are receiving the best possible experience and helping Amy and son them with their financial needs.

What is your favorite WCU memory?
My favorite Wauna memory is when I was a teller in Scappoose and one of my favorite members told me his birthday is Christmas Eve and it wasn’t really celebrated much growing up, I went out and bought him a birthday cake. He was so surprised and now I buy him a cake every year for his birthday. We also had a couple members who were struggling around Thanksgiving one year and I was able to contact a local church and got them hooked up with a full turkey dinner. I loved seeing the look of relief and joy when they got their boxes full of dinner and all the fixings, they were so happy to be able to provide a nice dinner for their family.

What is something you like to do when you’re not at work?
My husband and my son love to ride quads and go camping! I am also addicted to Fixer Upper and am going to Magnolias in Waco, TX in April 2018.

Ashley Erickson – 2 years
What is your current position?
My current position is Accounting Clerk. I make sure all of our member’s daily financial transactions are posted correctly and balance, and pay all of the credit union’s bills.

What is your favorite WCU memory?
My favorite WCU memory is the Clatskanie Branch’s remodel open house we had last year. It was great getting to meet our members as they had the chance to see all of our changes at the branch. You could tell everyone was excited about our growth and new work spaces Ashley and her team .

What is something you like to do when you’re not at work?
When I am not working I enjoy reading and coloring, going to the gym, wine, and playing tennis with my boyfriend.

Rachael Eaton – 1 year
What is your current position?
I’m an Member Consultant at the Warrenton branch. I assist members with their transactions, answer questions and explain things in a straightforward way that’s easy to understand. I also help with loans and credit cards. It’s great to be able to help our members build their credit and meet their financial needs. Rachael and her boyfriend

What is your favorite WCU memory?
Just the fun we have. The way we celebrate holidays, member recognition, contests. This is truly a fun place to come to everyday.

What is something you like to do when you’re not at work?
When I’m not at work I’m either reading my kindle, hanging out with my nieces, or spending time at home with my boyfriend.

Josh Rein – 1 year
What is your current position?
I’m the Digital Marketing Specialist for Wauna. I make sure our members know about all the great promotions we have going on, and all the fun things we are doing in the community. I also break the fourth wall when I do the December Anniversary blog post.

What is your favorite WCU memory?
My favorite memory was this year’s annual meeting. It marked a real kick-off of celebrating our 50^th year of serving the community, and it was great to see actual members come and help set the direction of the credit union. It’s really what makes us different than a bank. I also got the opportunity to meet Erlene Darby who shaped Wauna more than any other person.

What is something you like to do when you’re not at work?
I have an 8-year-old and a 4-year-old, so most of my time is spent with them and taking them to their various activities, and in general having fun being a dad.

Others

Stephanie Sievers – 21 Years
Stephanie Pesio – 10 Years
Cassandra Budge – 8 Years
Rachel Milligan – 3 Years

Statement Insert – New Year, Annual Meeting, Balance Transfer HELOC

Wauna Credit Union
waunafcu.org 800-773-3236
All deposits up to @250,000 are insured by the National Credit Union Administration, and backed by the full faith and credit of the U.S. government.

2018 is here!
Make it a year of financial success!
Wauna Credit Union is ready to help!

51st Annual Meeting
Tuesday, March 20, 2018, 6:30 pm at the newly dedicated
Erlene Darby Learning Center
49249 Hwy 30, Westport, Oregon
Doors open at 6 pm/light refreshments served
The Governance Committee of the Board of Directors has approved three nominees for three positions on the Board of Directors from applications submitted by members. Their names and biographical information are included below.
An election will not be conducted by ballot, and there will be no nominations from the floor at the annual meeting when the number of nominees equals the number of positions to be filled, which is currently the situation. Any other member who desires to run for the Board may do so now only by a nomination by petition signed by 211 credit union members over the age of 18-years.
An application may be requested by calling 1-800-773-3236, ext 3124 or ext 3115. Completed applications must be received by end of business on February 8, 2017, and may be mailed to Wauna Credit Union, Attn: Governance Committee, PO Box 67, Clatskanie, OR 97016, or may be turned in at any branch location by the end of business February 8, 2017.
The incumbents are:
Chrissy Johnson, Scappoose OR
Bob Perry, Vernonia OR
Jennifer Teeter, Astoria OR

Carrying too much high interest debt somewhere else?
Wauna Credit Union can help with an affordable balance transfer!
We offer great rates and bonuses on our VISA Rewards Credit Cards!
Get an extra special rate until February 17, 2018!
Plus take full advantage of our budgeting tools, free budget counseling and online financial literacy courses.
Apply at waunafcu.org or by phone: 800-773-3236
24 hours a day, 7 days a week

Elbows Deep in Home Improvement Projects?
A home equity line of credit can fix it all!
Wauna Credit Union offers affordable HELOCs for home improvements, for paying off debt, or whatever else you can think of. Apply 24/7
Home Equity Line of Credit loans offered on approved credit. Applicant’s interest rate and credit limit will be determined based on individual credit worthiness. Verification of income is required. Property insurance is required. If the property is located in a Special Flood Hazard Area we will require you to obtain flood insurance if it is available. Some restrictions apply. Non-members may apply for a HELOC; Membership with Wauna Credit Union is required for a HELOC to be funded. Visit waunafcu.org for member eligibility details.

Scholarships For Students
Wauna Credit Union supports our student members, one way we do this is with our annual scholarship opportunities. Applications are available on our website in mid-January, and will be accepted until April 16, 2018.

intuit TurboTax
Use TurboTax on waunafcu.org and save!
Dreaming about your tax refund?
Dream bigger – use TurboTax and be entered to win $25k! Plus, get member discounts when you use TurboTax through the link at waunafcu.org!

Be Ready For the Holidays in 2018
(or other year end expenses) Join the Holiday Club!
For decades, Wauna Credit Union has offered a Holiday Club account, with
a higher interest rate so members can earn more on their money! Members earn interest starting at a $50 balance, and as their balance grows, so does the bonus
dividend.
Members can set up automatic deposits for any amount they want to drop into the account daily, weekly, or monthly — which makes building your Holiday Club fund super simple! Then, around the end of October, the account empties right into your checking account to use for holiday shopping, property taxes, or other expenses.
Holiday Club accounts are a throwback to a bygone era, but still as relevant for saving as ever! While it’s a great way to save, most members don’t take advantage of this higher rate account or even know it exists. Stop in your local branch to start a Holiday Club account today, so you’ll be ready for the holidays
next year pain-free!

Live for Today! Plan for Tomorrow
Starting an IRA to save for retirement or your children’s college education can be easy and pain free. Speak to a Member Consultant at any Wauna CU branch to learn just how simple saving for the future can be. Our robust IRA program will help you play more and worry less.

Notice For Holders of IRAs
Payments from your IRA are subject to federal income tax withholding, unless you elect no withholding. You may change your withholding election at any time prior to your receipt of payment. To change your withholding election, complete
the appropriate form provided by Wauna Credit Union. Withholding from IRA payments, when combined with other withholding, MAY relieve you from payment of estimated income taxes. However, your withholding election does not affect the amount of income tax you pay. You may incur penalties under the estimated tax rules if your withholding and estimated tax payments are insufficient.

Wauna Credit Union is now serving cannabis-related businesses

We are now offering compliant, transparent banking services to cannabis-related businesses within our field of membership.

So, what does this mean?

It means that we have a responsibility to ensure that our services and practices are in-line with the credit union philosophy of “People Helping People.” We looked at the 25,000 members in multiple communities across a swath of cities and counties that we now serve, and knew that cannabis-related businesses are now established in all. By allowing cannabis-related businesses to have legitimate financial services, we are helping improve the safety and security of our members and the areas in which they live are.

Cannabis-related businesses often deal in cash-only transactions and so generally have large amounts of cash on-hand. Such circumstances can lead to an increase in crime or other dangerous activities. That being said, offering legal and compliant banking solutions to these businesses just makes sense to us – we are getting that cash off the streets and into a safe place.

“Serving the CRB industry, we become part of the solution and not part of the problem. The CRBs have difficulty forming banking relationships due to the limited number of credit unions and banks serving this industry. Providing banking services to this industry legitimizes these businesses. It also adds an element of safety and security to all of us that live and/or work in the community, which is in all of our best interests.”
— Robert Blumberg, CEO and President of Wauna Credit Union.

In addition, cannabis-related businesses are now legal businesses in Oregon and Washington. Those who choose to work in this field deserve to be treated fairly, and not required to hide the source of their money.

But it doesn’t mean we are taking this decision lightly. The cannabis industry possesses unique banking challenges. Cannabis is still illegal on a federal level and so Wauna Credit Union must adhere to many strict state and federal laws and policies.

We are covering our bases. We’ve assembled a specialized department to handle all due diligence and account opening for these accounts. An Oregon attorney is working with us to guarantee this program and the businesses with CRB accounts are fully complying with state law. Wauna Credit Union has zero tolerance for any type of deception or illegal activity. Accounts not complying with state and federal regulations will be closed immediately.

A safe community is a sound community, and Wauna Credit Union will continue to do what we can to see that we are contributing to bettering the places where we live and work. This sometimes requires making difficult decisions, sacrifices, and other changes. But if that means making things safer for the people we serve, then we are making the right decision.

Inquiries regarding Wauna Credit Union’s Cannabis Business Solutions account applications and opening procedures can be made at 800-773-3236.

Media inquiries may be directed to our Chief Marketing Officer Debi Smiley at 503-728-6116.