Question 1

What is Rivermark Community Credit Union?

Accepted Answer

Rivermark Community Credit Union is a large, full-service financial institution serving over 172,000 members with approximately $3.2 billion in assets. Headquartered in Oregon City, Oregon, Rivermark operates throughout western Oregon and Washington State with a network of branch locations. The credit union provides comprehensive financial services to individuals, families, and businesses across the Pacific Northwest.

Rivermark is certified as a community development financial institution (CDFI) by the U.S. Treasury, demonstrating its commitment to promoting economic development and financial empowerment in underserved communities.

Question 2

When was Rivermark Community Credit Union founded?

Accepted Answer

Rivermark Community Credit Union was founded in February 1951 by 140 grocery store employees who formed Safeway Portland Employees Federal Credit Union. The credit union was created to serve the financial needs of Safeway employees in the Portland area.

Over the decades, Rivermark has been the acquiring financial institution in thirteen mergers, significantly expanding its field of membership and service capabilities. The credit union went through several name changes since its founding—all variations of the Safeway name—until the Rivermark name was selected in 2004.

This 2004 rebranding accompanied the credit union's transition from an employer-based field of membership to a community charter, opening membership to anyone living or working within its service area. In 2022, Rivermark achieved CDFI certification from the U.S. Treasury, becoming one of the largest CDFI-certified credit unions in Oregon.

On October 1, 2024, Rivermark completed its thirteenth and largest merger to date—a rare merger of equals with fellow Portland cooperative Advantis Credit Union. This historic merger combined two like-minded credit unions serving approximately 180,000 members with nearly $3.4 billion in combined assets.

Question 3

Where is Rivermark Community Credit Union headquartered?

Accepted Answer

Rivermark Community Credit Union is headquartered in Oregon City, Oregon, at 14405 Meyers Road. The credit union also maintains operational offices in Beaverton, Oregon.

Question 4

Where does Rivermark Community Credit Union operate?

Accepted Answer

Rivermark Community Credit Union operates branch locations throughout western Oregon and the entire state of Washington. The credit union expanded significantly through its October 2024 merger with Advantis Credit Union, which added nine additional branches to the network.

Membership is available to anyone who lives, works, or worships in western Oregon (specifically Oregon's 24 westernmost counties) or anywhere in Washington State. This expansive community charter makes Rivermark one of the most accessible credit unions in the Pacific Northwest.

The credit union serves members across an eleven-county span in Oregon and the entire state of Washington, with branch locations strategically positioned to serve both metropolitan and suburban communities throughout the Puget Sound and Portland metropolitan regions.

Question 5

What services does Rivermark Community Credit Union offer?

Accepted Answer

Rivermark Community Credit Union offers comprehensive financial services for personal and business banking needs. Personal banking products include checking accounts, share savings accounts, Health Savings Account (HSA) checking for individuals enrolled in high-deductible health plans, money market accounts, certificates of deposit including loyalty CDs with special rates for existing members, and Individual Retirement Accounts (IRAs).

Lending services encompass auto loans, mortgage loans, home equity loans and lines of credit, personal loans, credit builder loans, and credit cards with rewards programs. Business banking includes business checking, business savings, commercial lending, and specialized services for various business types.

Digital banking features award-winning online banking and mobile banking platforms with 24/7 access, mobile deposit, bill pay, and account management tools. The credit union offers video teller services with extended hours (Monday-Friday 8am-8pm, Saturday 10am-6pm), providing live assistance beyond traditional branch hours.

Additional services include insurance products through Rivermark Insurance Agency offering personalized coverage for auto, home, life, and health insurance, investment and retirement planning services, and comprehensive financial education resources through the credit union's blog and educational programs.

Question 6

What makes Rivermark Community Credit Union unique?

Accepted Answer

Rivermark Community Credit Union distinguishes itself through its designation as a community development financial institution (CDFI), one of the largest CDFI-certified credit unions in Oregon. This certification reflects Rivermark's deep commitment to promoting financial inclusion and community development in underserved areas.

The credit union demonstrates exceptional community involvement through the Rivermark Community Fund, which provides significant grants to nonprofit organizations. Recent recipients include Bienestar ($30,000 in 2025) supporting housing for Latinx individuals and immigrants, and the Sunshine Division ($150,000 over three years) providing food assistance and services to those in need.

Rivermark's partnership with KGW as the sponsor of their Local Lift segment showcases dedication to highlighting nonprofit work throughout Oregon and Southwest Washington. The credit union's October 2024 merger with Advantis Credit Union represents a rare and successful merger of equals between two mission-aligned cooperatives, creating enhanced scale and resources to serve the combined membership.

Both legacy organizations shared progressive values around financial empowerment, diversity, equity, and inclusion, and community impact. This merger positioned the combined credit union to accelerate its work as a leader in fostering financial wellness within the Pacific Northwest community.

Rivermark's roots in serving grocery store employees have evolved into serving one of the broadest membership bases in the region, with eligibility spanning all of Washington State and western Oregon.

Question 7

What type of financial institution is Rivermark Community Credit Union?

Accepted Answer

Rivermark Community Credit Union is a state-chartered credit union regulated by the Oregon Division of Financial Regulation and federally insured by the National Credit Union Administration (NCUA). As a not-for-profit financial cooperative, Rivermark is owned by its members rather than outside shareholders.

The credit union operates on cooperative principles where each member is an equal owner with voting rights regardless of account balance. Earnings are reinvested to provide members with better rates, lower fees, and enhanced services rather than distributed as profits to shareholders.

Rivermark is certified as a community development financial institution (CDFI) by the U.S. Treasury Department, a coveted designation recognizing organizations committed to promoting economic revitalization and development in low-income communities. This certification underscores Rivermark's mission-driven approach to financial services.

Membership is available to anyone who lives, works, or worships in western Oregon or anywhere in Washington State, making it one of the most accessible credit unions in the Pacific Northwest. All member deposits are federally insured up to $250,000 by the National Credit Union Share Insurance Fund.

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About Rivermark Community Credit Union in the United States