Merger Conversion Hub

 They are a full-service credit union that was originally chartered in 1954 to serve the employees of Consolidated Freightways. Today, anyone who lives, works, worships, owns a business, or goes to school in either Multnomah, Washington, Clackamas, Columbia, Hood River, Yamhill, Clark, or Skamania counties is eligible to join CCCU. Potential members across the country can also join through our association membership program. We encourage you to visit their website at www.consolidatedccu.com to learn more about the credit union and the products and services they offer. 

CCCU was originally formed by the employees of Consolidated Freightways in 1954. Now they serve over 20,000 members and have over $490 million in assets, serving members in all 50 states.

 Yes, CCCU was ranked in the Top 100 for top-performing credit unions in the United States by S&P Global Market Intelligence. They rank at number 47 overall and number 2 in Oregon for financial stability. 

CCCU’s alignment with our credit union’s culture is a testament to our shared commitment to member service. Their dedication is reflected in the extensive range of top-notch products and services they offer. What’s more, our collaboration has expanded member access to a vast network of physical branches nationwide, ensuring convenience in financial transactions through CO-OP Shared Branching. Our 20-year partnership with CCCU has been incredibly fruitful, particularly in supporting our employees and members with their residential and commercial real estate financing needs. This synergy has not only strengthened our operations but also reinforced our mission to serve our community with excellence. 

Your checks, ATM and debit cards will continue to work as normal and we do not anticipate any interruption of service. Most loan and deposit products will also remain unaffected and will rollover to CCCU at their current rate and term. If any changes are required, you will be informed in advance, including details on how those changes may affect your accounts. 

No, your loan terms will not change and none of our loans will be sold. Members will continue to make payments to the credit union, as normal. 

Yes, all current KaiPerm branches will remain open, and you will gain access to CCCU’s existing branches after the system conversion on July 31, 2026. 

A credit union merger is a significant event that often brings change, and with it, opportunities for growth and collaboration. Our focus is on carefully evaluating the needs of the combined organization and considering how to best align talent and resources. Our goal is to thoughtfully approach this process and look for ways to retain valuable experience and knowledge wherever possible. 

Yes, CCCU is federally insured by the National Credit Union Administration (NCUA) just like our credit union and you will continue to have the same share insurance up to $250,000. 

Yes, your input is incredibly valuable during the merger process between credit unions. It’s a time of significant change, and your voice matters. We will host a special membership meeting to answer any questions our members might have regarding the merger. During this process, each eligible KaiPerm member will have the opportunity to cast their vote to determine the outcome of the merger. Voting will close 15 minutes after the Special Member Meeting begins. 

All KaiPerm members will be migrated to CCCU’s systems during the system conversion on July 31, 2026. 

To stay informed about the merger, please visit our dedicated website page at consolidatedccu.com/kaiperm for the latest updates. This resource is designed to provide you with all the necessary information, including timelines, changes to services, and any actions you may need to take. It’s a one-stop-shop for all merger-related news, ensuring you’re always in the know as we move forward with this exciting transition.