BNET Industries

Bi-Mart Acquisition Corp.

is in the Retail Industry

Last Fiscal Year Sales:$249.2M

Private
US

Dow Jones Description

Historically, Bi Mart Corporation, itself, grew out of a credit union in Yakima, Washington. Because of this close tie, the founders of Bi-Mart formed their own credit union in 1969 as a benefit for Bi Mart employees. The Corporation sponsors the Credit Union, but it is actually a separate business, owned by the members. Having a savings account in the Credit Union makes you a member-owner. BiMart Federal Credit Union has grown to $6,000,000 in assets and 2500 members. Credit Union savings are invested in loans to fellow members for automobiles, boats, RVs, and more. Unsecured loans are available to pay bills, help with moving, taxes, you name it. The Credit Union also offers Individual Retirement Accounts, higher Interest CDs, web services, direct deposit, and two types of checking accounts.

Chairman & CFO

Dave Zintara

Number of Employees 3,200

Contact Information

220 S Seneca Rd

Eugene, Oregon 97402

www.bimart.com

(541) 344-0681

Peer Companies

NAICS Code Pharmacies and Drug Stores: 446110

News & Analysis

bi-mart acquisition corp. - All News and Analysis

Rite Aid completes sale of Bi-Mart Membership Discounts Stores to Oregon Group

- 1997-02-25

CAMP HILL, Pa.--BUSINESS WIRE--Feb. 25, 1997--Rite Aid Corp. (NYSE/PSE:RAD) Tuesday announced it completed the sale of Bi-Mart Membership Discount Stores to Bi-Mart Acquisition Corp., an Oregon corporation formed and owned by Bi-Mart's senior executives and Endeavour Capital of Portland. Bi-Mart's release follows: EUGENE, Ore.--Feb....

Tags: Bi-Mart Acquisition Corp., Rite Aid Corp.