Portland Police Bureau history

Our story began on September 5th, 1928 when 36 employees joined together to form a credit union.

One month later, on March 18th, 1954, the charter was ratified and Portland Local 8 Federal Credit Union was officially formed.

By the end of 1955, two short years since the start of the credit union, Portland Local 8 Federal Credit Union served over 900 members, had assets totaling over $150,000, had made over 1000 loans to members, and had added new services like share secured loans and mortgage loans.

A significant change did take place in 1963 when members of I.L.W.U. Locals 40 & 92 were allowed membership to the credit union.

Also during 1974, five other officers are wounded by gunfire.

In 1983 an era ended when the original Chairman of the Board of Directors for 26 years, Ray Jagelski, retired from office and a new Chairman, Ed Reynolds, was elected.

During the week of October 15, 1988, the annual conference of the International Association of Chiefs of Police is held inPortland; 7,290 people attend representing theUnited Statesand more than 40 foreign countries.

A second resolution passed in October 1989 defines organizational issues and expected outcomes for a mandated Police Bureau implementation of community policing over a five-year period.

Prior to 1992 the credit union only offered various forms of savings accounts.

The next year, 1993, marked another changing of the guard as longtime Chairman of the Board of Directors, Ed Reynolds, retired and was replaced by Jerry Bitz.

By the end of 1994, more than 80 problem solving partnership agreements among citizens, police, businesses, and other agencies have been signed and recorded.

Changes kept on coming when in 1995 the credit union further expanded its services to include VISA credit cards.

In December 1999, Mayor Vera Katz announces Mark A. Kroeker is chosen as the new chief.

The Bureau issues a report regarding their response to a series of protest demonstrations on May 1, 2000.

A new Use of Force Report Form is adopted in August 2004.

By 2005 the credit union had gained three new services: IRAs, an ATM, and e-statements.

By the end of 2009 the credit union had over 2100 members and had reached $30 million in total assets.

By the end of 2011 the credit union had assets totaling approximately $33 million and well over 2500 members.

Also in 2012 a new live debit card system was introduced which will enable our members to have easier access to their funds.