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Rivermark Community Credit Union Receives Community Development Certification

FOR IMMEDIATE RELEASE:
February 8, 2022
 
Contact:
David Noble, Chief Marketing Officer
P: 503.526.3635
E:
dnoble@rivermarkcu.org
Rivermark Community Credit Union Receives Community Development Certification
PORTLAND, OR –Rivermark Community Credit Union announced that it has been certified as a Community Development Financial Institution (CDFI) by the U.S. Department of Treasury.
CDFIs are mission driven organizations that focus on serving low-income and underserved communities. Rivermark joins 1,300+ financial institutions nationwide, and just 10 Oregon based credit unions to achieve this certification.
As a CDFI, Rivermark will have access to federal grants that can be used to reinvest in the community, further supporting its mission – Building Financial Empowerment Together.
“Words can’t express how excited I am for this opportunity to accelerate our already impactful mission-driven work,” said Seth Schaefer, President and CEO of Rivermark. “This certification will allow us to secure grants to build on our strategic pillars, including opportunities to support home ownership and low-cost loans for local veteran, women, and minority owned businesses,” continued Schaefer.
Rivermark is also dedicated to ensuring that its members have the tools and education to successfully manage their money. “As we explore grant opportunities, we are particularly interested in opportunities that help reduce financial stress,” said Ryan Halley, Rivermark’s Vice President of Financial Wellness.
About Rivermark: Rivermark Community Credit Union serves nearly 90,000 members online and at its nine branch locations in Oregon and SW Washington. Headquartered in Beaverton, Oregon, Rivermark has been offering superior financial services with a member focus since 1951. For more information about Rivermark visit their website at www.rivermarkcu.org