CU*NorthWest, the 100% credit union-owned cooperative CUSO, announced today that Puget Sound Refinery Federal Credit Union in Anacortes, Washington, has signed with CU*NorthWest and is scheduled for conversion in May 2018. The $11.3 million dollar credit union represents approximately 1,130 members.
Puget Sound Refinery FCU CEO Darene Follette said: “When it came time to re-evaluate our core processing solution we were interested in an opportunity to work with a cooperative CUSO. 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 CU*NorthWest. As a smaller credit union, WE needed a partner who could offer us flexibility, and we believe we have found that partner with CU*NorthWest.”
Greg Smith, CEO of CU*Northwest, added: “It is exciting to have another Washington credit union joining us as we continue to grow our client base here. Like credit unions, it’s a cooperative thing – a fundamental piece to our value.”