Working Families

Currently 66% of all bank deposits in the state of Oregon are held by just 5 Wall Street banks. This is double what it was just 15 years ago.

The Oregon WFP has been a leader in the state on the issue of attacking the root causes of bank consolidation and in offering viable alternatives to the problem such as our legislative proposal to create the Oregon State Bank. We have also played a key role in launching the new campaign Oregon Banks Local, in which we researched and rated every bank and credit union in the state to find out how local they truly are.

Now the Oregon is being recognized as a leader in this national movement to strengthen local economies and create a more resilient, community-scale financial system. Take a moment to read all about it in this Nation article entitled “The Oregon Trail to Banking Local.”