Rapids Blog

The Soul District Business Association (SDBA), founded in 1977, champions Portland's diverse business district by promoting economic empowerment and creating multigenerational wealth for Black businesses. Committed to advocacy, SDBA supports historically marginalized entrepreneurs through culturally specific technical assistance and their Business Impact Group, ensuring these businesses thrive amid economic changes.

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A Message from Seth Schaefer, President & CEO of Rivermark: I have an exciting update to share with our members. We have now received state and federal regulatory approval to pursue a merger with Advantis Credit Union. This is another exciting milestone in our journey to join forces to do more good − for our members and our community. Our Board of Directors (comprised entirely of Rivermark members) have voted unanimously in favor of putting this merger forward. The merger also has the support of our leadership and our employees.

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This year's annual charity golf tournament was a huge success! We raised more than $90,000 for the Rivermark Community Fund, which supports nonprofit housing organizations in the areas we serve.

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In a time when financial stability is paramount, mastering your finances is a crucial skill. Rivermark understands how difficult it can feel to create and continue good money habits, especially in a world that so often challenges that. With over 60 certified financial coaches, Rivermark meets our members where they are on their financial journey.

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Summer is synonymous with adventure, relaxation, and creating cherished memories. But for many families and budget travelers, the challenge lies in balancing enriching experiences with financial constraints. Enter the concept of a "summer bucket list on a budget" — an approach that ensures you make the most of your summer without breaking the bank.

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Rivermark loves working alongside partner organizations in our community that believe in our “Building Financial Empowerment Together” vision and lives. Parenting With Intent is one organization that truly lives out that vision and mission. They work alongside families involved with the Oregon Department of Human Services (ODHS), Child Welfare. Parenting With Intent’s mission of “Building Strong Connections for Healthy Communities,” is embedded in the belief that healthy relationships are the vehicle through which youth and families can grow and thrive.

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In an era where technology defines convenience and security, the rise of digital wallets represents a significant leap forward in how we manage our finances. With millions of Americans using and owning smartphones, mobile wallets have transitioned from a niche offering to a mainstream financial tool. But what exactly makes digital wallets stand out from traditional payment methods, and why should you consider making the switch?

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Rivermark's 2024 PDX Diaper Drive is now through May 31st. We have teamed up with PDX Diaper Bank to collect donations for babies in need. There are over 150,000 children living in poverty in Oregon. Families shouldn't be forced to choose between purchasing food or diapers for their children. By partnering with community agencies, the PDX Diaper Bank provides free diapering supplies to low-income and houseless families.

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As the 2024 homebuying season begins, Rivermark’s mortgage team has some insights to help you through the exciting and complex process. Whether you’re a first-time homebuyer or a seasoned homeowner, there’s plenty of new information you can learn about homeownership and the journey to get there.

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Practical money management skills learned at an early age can have a lasting impact on the rest of your child’s life. In fact, this is one of the most important areas where you can truly change the course of their life. Educating your children about financial wellness will help them build healthy spending habits for the future.

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