Why One Oregon CU Entered Into Deal With Local Mortgage Lending Firm.(Portland Teachers Credit...
A service agreement between Portland Teachers Credit Union and Portland Mortgage Company is putting Oregon's largest credit union within reach of what is normally reserved for large banks and mortgage brokers: technology, expertise and respect in the secondary market.
The strategic alliance between the $1.2-billion, 140,000-member CU and the mortgage company is the result of a careful six-year search, CEO Cliff Dias told The Credit Union Journal.
"You have to be careful in choosing your partner," Dias said. "Credit unions tried to do this on a national ba
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