Stay In the know

News & Blog Posts

This is some text inside of a div block.
Blog
News

Former Craft3 CEO honored in memoriam

The Astorian

Craft3

//

September

2017

The Opportunity Finance Network, an national network for community development financial institutions, posthumously gave the late John Berdes, the founder and former president and CEO of Craft3, the 2017 Ned Gramlich Lifetime Achievement Award for Responsible Finance.
Blog
News

Former Astoria city manager heads Craft3 board

The Astorian

Craft3

//

November

2016

Paul Benoit, a former city manager of Astoria, has been elected chairman of nonprofit lender Craft3’s board of directors. He took over from Steve McConnell, who served in the position since 2007.
Blog
News

Craft3 hires new leader from within

The Astorian

Craft3

//

August

2016

Nonprofit lender Craft3 has chosen Adam Zimmerman as the new president and CEO. He takes over for John Berdes, who died in June of lung cancer.
Blog
News

John Berdes Obituary

The Seattle Times

Craft3

//

July

2016

John Berdes, president and CEO of Craft3, an unconventional lending institution, died Sunday, June 12, 2016 of lung cancer. He lived in Seattle and was 58.
Blog
News

Sugar Shack deal a sweet opportunity for Portland’s Cully neighborhood

Street Roots

Craft3

//

October

2015

A nonprofit coalition’s acquisition of the blighted, defunct 'adult super center' could be key to energizing Portland’s impoverished Cully neighborhood
Blog
News

Zenger Farm retires its creaky farmhouse for a gleaming $2.3M urban grange

Portland Business Journal

Craft3

//

July

2015

Zenger Farm has at long last retired the two-bedroom farmhouse where it operated its community farm and welcomed 10,000 school children every year.
Blog
News

Craft3 of Bend, Oregon Helps Fry Foods Bring 304 Jobs to Ontario, Oregon

Cascade Business News

Craft3

//

April

2015

Craft3’s loan is the first piece of financing needed by Fry Foods to reopen the former Select Onion facility in Ontario, Oregon. The expanded processing facility will bring more than 300 jobs to Ontario and boost the economy.
Blog
News

Ilwaco-based Craft3 continues to evolve despite its low profile

The Astorian

Craft3

//

January

2015

Craft3 continues to evolve into a regional lender with six offices mostly west of the Cascades and a Spokane location planned for the first quarter of 2015.
Blog
News

Selling an Energy Efficiency Loan Portfolio in Oregon: Resale of the Craft3 loan portfolio to Self-Help Credit Union

Lawrence Berkeley National Laboratory

Craft3

//

June

2014

Under the Clean Energy Works (CEW) program, Craft3 developed a loan product that widened access to financing for homeowners, offered long term funding, and collected repayments through the customer’s utility bill.
Blog
News

Commerce names lenders for $14.5 Million Clean Energy Loan Fund

Washington State Department of Commerce

Craft3

//

November

2013

Craft3 and Puget Sound Cooperative Credit Union selected to manage state revolving loan funds for supporting widespread use of proven building energy efficiency and renewable energy technologies
Blog
News

Nonprofit alternative lender Craft3 helps businesses start and grow

Puget Sound Business Journal

Craft3

//

May

2012

Somewhere between a conventional small-business loan and hard-money loan exists a type of financing that might be the right avenue for growing a business: alternative lending.
Blog
News

Financial innovators look to widen impact with new name, Craft3

The Astorian

Craft3

//

February

2012

Enterprise Cascadia has changed its name. The financial institution that split from ShoreBank operations in 2010 is seeking to establish a new brand. The name is Craft3.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.