Oregon

REGULATING AGENCY: Oregon Department of Consumer & Business Services; Division of Financial Regulation

Oregon State Capitol

  • TK Keen, Administrator
  • Janet Powell, Chief of Regulation and Supervision-Credit Unions
  • Website: dfr.oregon.gov
  • News

LEAGUE: Northwest Credit Union Association

PRIVATE SHARE INSURANCE: No

STATS: (As of Dec 2020)

  • TOTAL # SCUs: 21
  • TOTAL # FCUs: 35
  • SCU % OF TOTAL (SCUS #/STATE TOTAL #): 38% of 56 OR CUs
  • TOTAL $ SCU ASSETS: $26,797,488,331
  • TOTAL $ FCU ASSETS: $4,762,293,855
  • TOTAL ASSETS: $31,559,782,186
  • SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 85%

FUN FACT: High above the city of Portland the International Rose Test Garden features more than 500 varieties of roses, cultivated continuously since 1917.


RECENT NEWS

Redistricting Takes Center Stage

August 27, 2021 — The Oregon Legislature is on a fast track to finalize a redistricting bill by September 27th. In early August, eleven state lawmakers begin the process to draw our state’s new political districts in a very short timeline that will be used beginning with the 2022 election.

The six Democrats and five Republicans on the House and Senate redistricting committees are reviewing U.S. Census data that outline population and demographic changes since the last map-making 10 years ago. A special session of the Oregon Legislature is set for September 20th and their job is to draw 60 House Districts, 30 Senate Districts and Six Congressional Districts, adding one more to Oregon with the addition of over 700,000 residents.

If successful, the lawmakers will create the maps, win approval in the House and Senate, and then get Governor Kate Brown to sign off on the plan. That’s happened once in the past 110 years, in 2011. The rest of the time, the Legislature couldn’t agree, the governor would reject the lawmakers’ plans, or court challenges would lead to revisions.

READ MORE


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