THE news

LIBERTY LAKE, Wash.—The $5.8-billlon Spokane Teachers Credit Union here has agreed to buy $550-million Community Bank based in Joseph, Ore., the CU reported.

SEATTLE—Verity Credit Union said it has received a $383,223 grant from the Treasury’s Department’s Small Dollar Loan (SDL) program that it will utilize to develop a program offering unsecured loans of up to $2,500, with no prepayment penalty and the opportunity to repay in installments.