News & Financial Education

What's Happening at Trailhead

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Portland Renters: How to Save for a Home While Paying High Rent

Living in Portland means access to lush parks, a thriving food scene, and walkable neighborhoods, but it also means navigating some of the highest rents in the Pacific Northwest. For many renters, saving for a house while renting can feel like an impossible dream. The good news? It’s possible to start building a down payment, even while renting. With the … Read On »

Funds Availability Policy Change in Terms

In accordance with 12 CFR 229, Availability of Funds and Collection of Checks (Regulation CC), we are updating our Funds Availability Policy effective July 1, 2025. These changes impact when deposited funds will be available for withdrawal – increasing the amount made available to you for certain items presented for deposit. Key Changes to Funds Availability The first $275 (previously … Read On »

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Mastering the Art of Budgeting for Portland Foodies

Portland is a foodie’s paradise. The city’s dining scene is vibrant and diverse, showcasing a mix of innovative new restaurants and beloved local favorites. Portland continues to be recognized as a top food destination, with a strong emphasis on fresh, local ingredients and unique culinary experiences. But can you find affordable dining in Portland? In other words, is it possible … Read On »

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The Portlander’s Guide to Using Your Credit Union for Small Business Banking

If you reside in Multnomah County, Ore., chances are you’re a customer, employee, or owner of a small business. The Portland Metro Chamber defines small businesses as firms with one to 50 employees. According to the Chamber’s “2023 State of Small Business” report, 94% of business establishments in Multnomah County are small businesses. Forty-one percent of small businesses in Portland … Read On »

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How Portland’s Gig Economy Workers Can Manage Their Finances

The gig economy offers flexibility and freedom, but it often comes with financial uncertainties. Managing irregular income while ensuring long-term financial health requires thoughtful planning. According to neilsberg.com, Multnomah County has consistently been the leading contributor to Oregon’s gig economy, growing by 23 percent from 2012 to 2019. While 2024 data specifically for Portland is limited, estimates suggest continued growth … Read On »

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Top Tips to Avoid Holiday Scams

The holiday season is a time of joy, cheer, and unfortunately, increased opportunities for scammers. As online shopping and digital payments become more prevalent, it’s crucial to stay vigilant and protect your hard-earned money. Here are some top tips to help you avoid holiday scams and safeguard your finances: 1. Be Wary of Phishing Emails, Texts, and Phone Calls Don’t … Read On »

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Top 3 Certificate Saving Strategies: Which One is Right for You?

What is a Certificate Account? A certificate account, also known as a certificate of deposit (CD) in banking, is a type of savings account that holds a fixed amount of money for a set period (the “term”) and, in return, pays interest on a specified rate. During the term, the account holder agrees not to withdraw the money without facing … Read On »

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10 Mistakes to Avoid When Buying a New Car

 In the market for a new or used vehicle? With more to be mindful of besides the initial cost, a vehicle is one of the most expensive purchases many of us will make. So before heading out to the car lot, check out this list of 10 common mistakes to avoid when buying a new car: 1.   Failing to Set … Read On »

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Your Ultimate Guide to Deposit Accounts

What is a deposit account? A deposit account is simply an account where you can safely store money. In this deposit account guide, we’ll look at various forms of deposit accounts, how to use them, and how they can help you reach your financial goals. First, here’s a glossary of terms associated with deposit accounts: Annual Percentage Yield (APY): The … Read On »