The Bottom Line
Small business is important to Central Oregon, and to Mid Oregon. Find tips and resources for business, and information about Mid Oregon’s commercial services and business members.
Supplies 4 Schools Supports School Success for Central Oregon Students
Getting local kids off to a great start!
As a homegrown credit union founded right here in Central Oregon by local educators, we know our members want every kid to get the start he or she needs to succeed in school. That’s why we’re once again partnering with the Family Access Network and Central Oregon public school districts to collect and distribute school supplies with the Supplies 4 Schools program.
Many kids in our community show up for school without the basic tools and supplies to be successful in class. To respond to that need, Mid Oregon created Supplies 4 Schools where collected supplies reach students through the Family Access Network and schools. For the past many years our members have always come through with overwhelming support for the program! In fact, Family Access Network was able to provide more than 3,200 children with school supplies in 2015 as a result of Supplies 4 Schools and other community efforts.
The bins are all set up! Just bring your new, packaged school supplies to your local Mid Oregon Credit Union branch anytime during the month of August. You can also make a cash donation, which will be used to its fullest potential to make sure those backpacks are full come September!
Donations Stay in Your Community
When you support Supplies 4 Schools, your donations go to help the kids in your area. The Family Access Network works in schools in Deschutes and Crook County, in Crook County the donations go straight to your local schools for distribution.
What’s Needed?
Here’s a quick list of the items that are most needed. When you’re out shopping at local retailers, be sure to grab a couple of these items on sale. Thanks for your support of this wonderful effort to help local kids!
- Back packs (High school age needed most)
- College ruled paper
- Calculators
- 1” and 2” three ring binders
- Pocket folders
- Colored pencils
- Notebook dividers (5 packs)
- Color markers (thick and thin)
- Highlighters
- Alarm clocks
- Dry erase markers/pens
- Compasses and protractors
- Rulers
- Glue and glue sticks
- Tissue boxes
For more information about Supplies 4 Schools, please call 541-382-1795, visit MidOregon.com or send an email to beheard@midoregon.com.
MId Oregon Credit Union Expansion
This year, we are excited about our MId Oregon Credit Union expansion all around Central Oregon.
La Pine Branch Is Open!
We are happy to report your new Mid Oregon Credit Union branch in La Pine is open and doing business! An open house on June 4 was attended by nearly 800 people! We really appreciate and are excited by such a great welcome from the community.
We are seeing a great number of new accounts being opened and keeping our staff very busy from day one. If you are traveling through La Pine, stop by and see the new facility, we are very proud of how it turned out and the great team we have in La Pine.
Administration Building in Bend
On July 5, we started moving into our new administration building on 18th and Empire. The building allows us to continue to grow our contact center, commercial lending, compliance and administration. We are completing renovations to our East Bend upstairs and the new admin building to provide the most efficient member service possible.
Moving entire departments can be a challenge, and we are working diligently to make the process seamless, minimizing disruptions in service to members.
Signed Sisters Lease
In June, we signed a lease for office space in Sisters. We have started the hiring process and renovations to have a convenient new location for our all our members in Sisters, Black Butte and Camp Sherman. We are looking forward to a grand opening early this fall. Stay tuned!
Thank you for being a part of your credit union.
Consumers Confident In Financial Life?
Consumers Confident In Longer Physical Life, But Financial Life? Not So Much
07/14/2016 CU today
Americans are happier to be living longer than ever, but 70% feel financially unprepared to live to 100 or beyond, according to a new study. The confidence in financial life is lacking for many.
Money Fears Stopping Many From Pursuing Goals
The Allianz Life study, called The Gift of Time, surveyed 3,000 U.S. adults between the ages of 20 and 70 and discovered respondents believed a longer life would give them the opportunity to reach their dreams and feel more fulfilled. However, money fears and lack of planning are stopping many from taking risks and pursuing these goals, noted Bill Hardekopf, CEO of LowCards.com, Birmingham, Ala.
“While Millennials and Gen Xers have the most time to follow their dreams, a great majority (79% of Gen Xers and 74% of Millennials) feel unprepared for a longer life,” said Hardekopf. “Fifty-seven percent of Baby Boomers also feel financially unprepared.”
When considering the future, 45% of the respondents said they felt “uncertain” about living a longer life, and more than half (51%) feared that not “having enough money to last my whole life” filled them with the most apprehension.
Know They Need Better Spending & Savings Plan
“But most respondents said they knew solutions existed to help them live to 100 happily. Over half (51%) said they knew they needed a better spending and savings plan, while 37% acknowledged they may need to work longer and retire later,” noted Hardekopf.
A possible solution may be to hire help. The study found people feel happier and more comfortable when they work with financial professionals. Seventy-nine percent reported feeling better about major life choices when they worked with someone, while only 64% of those who made the decision on their own felt good about it.
“Unfortunately, the majority of Americans (72%) do not work with financial professionals,” said Hardekopf. Consumer are not confident in financial life knowledge or actions.
Other Findings
Other key findings include:
- To further understand consumer attitudes about living happier lives, respondents were asked to finish this sentence: “Following your dreams is all well and good, but you need to have…” Fifty-seven percent said the top barrier would be having “enough money” and 50% cited “a good financial plan” as the top barriers.
- Respondents were also asked about regrets—52% said they had wished they had saved more money, while 38% wished they had traveled. Thirty-two percent said they regretted not spending more time with their children.
Read Original Article at CU Today*
*About CU Today: CUToday.info is designed to be the planet’s leading source of news and resources for credit union decision-makers. Created by the most veteran team of credit union reporters and editors, CUToday.info’s singular goal is to help credit unions to grow and better serve their member-owners.
Mid Oregon Credit Union wants all of our members to be confident in their financial lives. We would love to hear from you and find out how we can help.