CU*NorthWest, a cooperative CUSO based in Liberty Lake, Wash., announced that Valley Oak Credit Union signed a core data processing contract with the firm and is scheduled for conversion in February 2018.

Based in Three Rivers, Calif., Valley Oak CU has about $51.5 million in assets and approximately 7,100 members.

Greg Smith, CU*Northwest
Greg Smith, CEO of CU*Northwest

“When it came time to re-evaluate our core processing solution we were intrigued by the opportunity to work with a cooperative CUSO,” said Valley Oak CEO Alan Cortum. “During our discovery phase we spoke with several CEOs regarding CU*Northwest. Every CEO we spoke with had nothing but positive comments about the service and support they receive as clients and owners of the CUSO. As a smaller credit union with three branches, we needed a partner who can offer us flexibility and we believe we have found that partner with CU*Northwest.”

Greg Smith, CEO of CU*Northwest, commented: “It is exciting for us to have another California credit union joining us as we continue to grow our client base there.”

Subscribe Now

Authoritative analysis and perspective for every segment of the credit union industry

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.