We are thrilled to share the news of an important milestone — Laneco Federal Credit Union of Eugene will merge into Central Willamette Credit Union. This merger is a testament to our shared commitment to providing exceptional service, comprehensive financial solutions, and robust community support. By bringing Laneco FCU into the CWCU family, we are extending our strategic, operational, and cultural partnership that promises to enhance the value we deliver to all of our combined members. 

About Laneco FCU

Laneco Federal Credit Union, established in 1958, has built a reputation for its commitment to providing personalized financial solutions and security for its members. In September 2000, Laneco merged with Champion International Federal Credit Union, broadening its membership to include 1400 new individuals. Beyond its banking services, Laneco FCU actively engages in community initiatives, sponsoring local events and investing in charitable causes that benefit Lane County residents. Through a charter change in September 2016, Laneco FCU expanded its membership to welcome Lane County residents, reinforcing its dedication to community engagement and making a positive impact in the region.

Complementary Synergies

By uniting, we leverage the complementary synergies between our two esteemed institutions. This integration brings together CWCU’s wide array of banking products and services and deep community commitment with Laneco FCU’s history and community roots. We are enthusiastic about the new capabilities and financial solutions that will become available to our expanded member base.

Operational Excellence and Fiscal Stability

The merger fortifies our operational management through combined efficiencies and expertise. The combined organizations will benefit with continuing sound fiscal management and stability, ensuring that our members enjoy sustained and enhanced financial services. Our united effort will also reinforce relationships with independent auditors and financial regulators, ensuring compliance and trust in our operations for the combined entity.

Enhanced Community Investment

Together, we will continue to invest in the communities we serve, particularly in Eugene, nurturing the legacy of both credit unions. This partnership allows us to allocate additional resources towards community investments and philanthropic activities, reinforcing our role as a pillar of community support.

Respecting Our Heritage

As we blend the legacies of CWCU and Laneco FCU, we are dedicated to preserving the rich history and unique identity of both organizations. The merger results in a stronger balance sheet and a larger collective membership, which translates to greater opportunities and benefits for our members.

Commitment to Our Teams

We are proud to retain the talented Laneco FCU employee team and maintain the Laneco FCU branch in Eugene, Oregon. The merger equips the Laneco FCU team with best-in-class technology, alongside training and development opportunities that will empower our staff to deliver superior service.

Stakeholder Engagement

We assure all stakeholders — Laneco members, board members, vendors, Eugene government officials, and community-based organizations — that their interests remain at the forefront of this transition. Open communication channels, including press releases, social media updates, and a dedicated section on the CWCU website, will keep all parties informed and engaged throughout the merger process.

In summary, this merger is a strategic evolution designed to fortify our commitment to our members, employees, and communities. It ensures that we continue to provide top-tier financial products and services while maintaining the personal touch and local understanding that our members value. We look forward to a future that is brighter for all, as we grow stronger together.