NCUA merger report, Q2 2025
Portland Local No 8 merger into I.l.w.u. Federal Credit Union
NCUA's Merger Activity and Insurance Report for Q2 2025 lists Portland Local No 8, of Portland, OR, as merging into I.l.w.u. Federal Credit Union, of Long Beach, CA. NCUA records the reason as "expanded services". Portland Local No 8 last filed a call report for Q2 2025, with $40.6M in assets and 2,295 members.
Members of Portland Local No 8 become members of I.l.w.u. Federal Credit Union. Watch for its notice on new account numbers, cards and online banking.
The two credit unions side by side
| Measure | Portland Local No 8Q2 2025 | I.l.w.u. Federal Credit UnionQ2 2026 |
|---|---|---|
| Assets | $40.6M | $607.5M |
| Members | 2,295 | 30,417 |
| Net worth ratio | 9.32% | 9.94% |
| Offices | – | 7 |
| Paid on deposits | – | 1.60% |
| New auto loan rate | – | 5.99% |
| Fee income per member | – | $96 |
Figures for Portland Local No 8 are from its call report for Q2 2025; this page carries only its size and capital. Assets for the report quarter: $40.6M merging, $516.7M continuing.
On our member-value score, built only from call-report data, I.l.w.u. Federal Credit Union scores 47.6 out of 100.
I.l.w.u. Federal Credit Union offices near Portland
From NCUA's branch file for Q2 2026. Every I.l.w.u. Federal Credit Union location
Portland, OR 1
- Portland 2435 Nw Front Ave Ste A, Portland, OR 97209 ATM
Source: NCUA Merger Activity and Insurance Report, Q2 2025, and NCUA 5300 call reports. The report quarter is when the approval was listed; the merger may take effect later. Not affiliated with NCUA or either credit union. · All recent mergers · I.l.w.u. Federal Credit Union full figures
Questions people ask
Did Portland Local No 8 merge?
Yes. NCUA's Merger Activity and Insurance Report for Q2 2025 lists Portland Local No 8, of Portland, OR, as merging into I.l.w.u. Federal Credit Union, of Long Beach, CA. Its last call report was for Q2 2025.
Why did Portland Local No 8 merge?
NCUA records the reason as "expanded services". That is the category NCUA's report gives; the credit unions' own merger notice to members explains it in more detail.
What happens to my Portland Local No 8 account?
Members and their accounts move to I.l.w.u. Federal Credit Union, which becomes your credit union. Account numbers, the routing number, cards, checks and online banking can change; the notice I.l.w.u. Federal Credit Union sends members gives the dates. Keep using your current details until it tells you otherwise.
Is my money still insured?
Yes. I.l.w.u. Federal Credit Union is federally insured by NCUA, which covers deposits up to $250,000 per owner, per insured credit union, for each account ownership category. If you also had accounts at I.l.w.u. Federal Credit Union before the merger, your balances are now at one credit union.