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Oregon Revised Statutes

Or. Rev. Stat. § 723.006 (2026)

“Credit union” defined

✓ current as of May 2026
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      723.006 “Credit union” defined. A credit union is a cooperative, nonprofit association, incorporated under the laws of this state, for the purposes of encouraging thrift among its members, creating a source of credit at a fair and reasonable rate of interest and providing an opportunity for its members to use and control their own money in order to improve their economic and social condition. [1975 c.652 §3]

Notes of Decisions
Cited in 1 case, 1999–1999 · leading case: Edward D. Jones & Co. v. Mishler, 983 P.2d 1086 (Or. Ct. App. 1999).
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Edward D. Jones & Co. v. Mishler, 983 P.2d 1086 (Or. Ct. App. 1999). “008(9) defines “financial institution” as “insured institutions, extranational institutions, credit unions as defined in ORS 723.006, out-of-state credit unions under ORS 723.”
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