Credit union embraces power of collaboration

Consolidated Community Credit Union assists smaller CUs in offering mortgages.

The new hip buzzword for our industry is “collaboration.”

The irony is when I started working for Consolidated Community Credit Union more than 20 years ago, collaboration between credit unions was a daily occurrence.

But with the advent of community charters and open fields of membership, the willingness for credit unions to share ideas has become less over time.

Consolidated Community has just $206 million in assets. We’re almost large enough to dream big, but still small enough to know our place in the Portland, Ore., banking landscape.

As a result, we knew we had to be good at a few niches and that we would never be all things to all people.

 

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