Small WA credit unions get million under federal program

Five Washington credit unions are set to collectively receive about $75 million from the U.S. Department of the Treasury as part of a federal progr...

September 23, 2022
12:08 AM

Five Washington credit unions are set to collectively receive about $75 million from the U.S. Department of the Treasury as part of a federal program designed to support small businesses and those owned by people of color nationwide. The credit unions in Seattle; Bellingham; Lacey, Thurston County; Shelton, Mason County; and Hoquiam are among 162 community-based financial institutions that received a total of roughly $8.28 billion through the Treasury Department's Emergency Capital Investment Program, the department said Wednesday.

Seattle Times Staff Reporter