O.U.R. Federal Credit Union

P.O. Box 11922
Eugene OR, 11922




CDFI Awards for O.U.R. Federal Credit Union


FA (2005) - $276,500

The $276,500 financial assistance award will be used to support the credit union's overall financial products and services including the development of a new Mortgage Loan Program. Five-year goals include improvement on underwriting and outreach on their predatory loan product. Technical assistance funds totaling $26,500 are included with the award for staff and board training, staff salary support for mortgage product development, computer technology and enhanced financial education curriculum.

CORE (2001) - $270,000

The $20,000 in technical assistance from the CDFI Fund will enable OUR to implement a debit card system, while the $250,000 in grant will strengthen its capacity to provide more reasonably-priced loans and other services to its growing market.

SECA (2000) - $40,000

OUR FCU's technical assistance award will be used to develop a financial education program for its members and to help the credit union staff attend training in community development financing.

SECA (1998) - $48,000

The $48,000 CDFI Fund Technical Assistance grant award will enable O.U.R. Federal Credit Union to obtain consulting services to design products to respond to the credit and financial services needs of Hispanic residents, develop a marketing strategy and Spanish language marketing materials.

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