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About Providence Credit Union
History
Providence Health System Federal Credit Union started as two “shoebox-sized” organizations. In 1962, St. Vincent Portland Federal Credit Union was the first to be chartered, with memberships consisting of St. Vincent employees and their families. Seven years later, in 1969, the second credit union was formed. It became known as Providence Portland Employees Federal Credit Union. Therefore, with a small handful of depositors, a borrowed employee, and a volunteer Board of Directors, two small groups of employees started their own not-for profit employee credit unions. Both credit unions provided the medical industry employees competitive loan and deposit rates, convenient services as well as a strong commitment in guiding members to a brighter financial future.
In 1997, the two credit unions decided to merge together to help build one successful and promising credit union -- Providence Health System Federal Credit Union. It is now one of the largest credit unions in Oregon and Washington that serves employees and their families of the Health Care Industry. Together we continue to stay true to our mission by building trust and passion for our employees and members.
Mission Statement
As a member-owned and directed organization, our mission is to provide secure, convenient financial services, in a personal, caring and professional manner. Providence Credit Union is dedicated to optimizing value to our membership through low-cost financial services and efficiency while planning for sound operational growth.
Giving Back: Our Charitable Fund Program
Providence Credit Union is deeply ingrained in giving back to our sponsor and community. We continue the tradition of charitable giving by volunteering, supporting and participating in many worthy charitable causes that serves the needy across the Pacific Northwest. Our members play a big part in helping us fund our Charitable Fund Program, which in turn goes to the following non-profit organizations:
- Providence Child Center for Medically Fragile Children
- Providence Milwaukie Hospital Foundation
- Blanchet House of Hospitality
- Credit Union House
- Credit Union for Kids
- Susan G Komen Race for the Cure
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