George Noorey

ON AIR NOW

George Noorey

12:00am - 2:00am

Contact
Local News


New federal regulations on banks are filtering down into the business models of banks throughout the country- and feeding some customers into local credit unions. Kyle Frick with Mid Oregon Credit Union says they seem to be seeing more customers coming in because of changes in fee structures. He says the regulations from the government are having a big impact on how banks operate."So we're starting to see different business models starting to emerge and fees are part of that. The way that different banks and financial institutions are approaching, how do we make money in this type of environment? They have to try and figure out how to earn income and so they are imposing different types of fees and things." The regulations have cut the amount of money banks have typically raised through fees and debit card use, another problem facing some banks is that fewer people are borrowing money and fewer people are qualified to get a loan. Frick says at the Credit Union they are also seeing fewer borrowers and more people aggressively paying down their debt.

 

 

Share
Help Puerto Rico

Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

Traffic

 

 

  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.