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The great northwest region of the United States has always boasted a heavy credit union population. In fact, the Northwest Credit Union Association (NWCUA) professes a 55% marketshare within the region -- and growing.
So what kind of economic impact does this credit union majority marketshare have on the region? Try $11 billion.
To get to the bottom of this number, as well as the community impact, we invited NWCUA President/CEO Troy Stang on the show, who shared theirlatest economic and community impact report credit unions have had in Oregon, Washington, and Idaho.
Here are some of the items we discussed:
You’ve worked with ECONorthwest over the years to measure economic impact. What do you think this information proves about credit unions; why is that important?