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It’s All For Charities! 2015 Duck Race Again Presented by Credit Unions Working Together
Mid Oregon Credit Union is again joining other credit unions as Presenting Sponsors of the 26th Annual Great Drake Park Duck Race. The Duck Race is an ongoing annual fundraiser organized by all four Bend area Rotary clubs. Since 1989, the race has generated over one million dollars for Central Oregon charities, all supporting children and families in need.
The Great Drake Park Rotary Duck Race itself is scheduled for Sunday, September 13, starting at 11 am at Drake Park in Bend. This year, funds raised from Duck Race ticket sales will go to benefit Boys & Girls Clubs of Bend, Healthy Beginnings, MountainStar Family Relief Nursery, Pediatric Foundation of Central Oregon and S.M.A.R.T. (Start Making a Reader today). Read more about the 2015 Duck Race Beneficiaries.
How can you help? Stop by one of our branches in Bend (2nd and Olney St.or on the Eastside on Cushing Dr.), Redmond (Next to Bi-Mart), Prineville (Next to Bi-Mart), Madras (5th St./Hwy. 97 Northbound) or our Lending Office in La PIne (Next to Bancorp Insurance) to get your Duck Race tickets. Each $5 Duck Race tickets is matched to a duck in the race, launched into the Deschutes River on that Sunday at 1:30 pm, and the 21 winning ducks get their ticket holder a prize. The top prize this year is a $20,000 Auto Voucher from Smolich Motors.
Tickets are also available from the other “Credit Unions Working Together” partners First Community, OnPoint Community, Oregonians and SELCO Community, as well as from any Bend area Rotarian. Please consider supporting these great local charities and participate in one of the highlights of the Central Oregon year!
To read more about the Duck Race, the activities on that Sunday and the Duck Race rules, www.theduckrace.com
Picnic in the Park is Here!
We are excited that this Wednesday, July 22, the 2015 Picnic in the Park free concerts get underway! In the spirit of “Credit Unions Working Together”, Mid Oregon has again teamed up with Oregonians Credit Union as Title Sponsors for the 11th Annual series, which is brought to Central Oregon each year by the Crook Country Foundation.
Again set in beautiful and convenient Pioneer Park in downtown Prineville, the first night will kick off at 6 pm with “The High Street Band”. With the large variety of music they play, including swing, Motown, classics and modern, there is sure to be something for everyone.
The Prineville Farmers’ Market will have local vendors set up again this year in the park so come early to check out their offerings. Weather, at times a challenge in the past, promises to be nice. Bring your lawn chair or blanket and enjoy the show!
As Title Sponsors we have the privilege of welcoming the attendees at each concert, so come down and see us on Wednesday’s at Picnic in the Park through August 26th (Except for August 5th which will be at the Crook County Fair). We look forward to seeing you!
Concerts and Artists:
- July 22: The High Street Band
- July 29: Carrie Cunningham and the Six Shooters
- August 5: Brady Goss Band (At the Fair)
- August 12: Derik Nelson & Family
- August 19: Alexis Ebert
- August 26: The Fire Weeds
Keep up with the latest on the concerts at the Crook County Foundation Facebook Page.
Millennials: Rethink Credit vs. Debit
Millennials: Rethink Credit vs. Debit
There is a generational divide when it comes to shopping: A CreditCards.com survey indicates that boomers and millennials both choose plastic, but for the older cohort the word is “credit,” and for the younger it is “debit.” Do millennials need to rethink credit vs. debit?
Both systems work well but boomers might point out to their juniors that using debit to the exclusion of credit has its handicaps. Millennials prefer debit over credit by a ratio of nearly 3 to 1, according to the survey, even though debit cards offer fewer protections and rewards and don’t help young people build credit.
Matt Schulz, senior industry analyst at CreditCards.com, suggests that psychology may be a factor in the decision; consumers may be trying to limit spending to the money they have by using a debit card, which pulls money directly from a checking account. But if a scammer gets hold of a debit card, the consumer could be liable for unauthorized charges of $500 or more. Credit card holders are only responsible for up to $50, and can report a bogus purchase as fraud.
“If your debit card information gets stolen, somebody can take real money out of your account that you won’t be able to use to make a car payment or pay a doctor’s bill,” Schulz says. “That money may be gone for a week or two.”
Credit Union National Association Center for Personal Finance editors point out that, by choosing “debit” and entering a personal identification number, your transaction is treated as an ATM transaction. The editors advise, “Instead, when you’re making retail purchases with your debit/ATM card, choose “credit.” You’ll bypass any potential fees—and the funds still come out of your share draft/checking account.” Another good reason: Credit transactions require a signature, which helps guard against fraud.
If you have questions about our credit or debit cards, give us a call at (541) 382-1795 or visit our website at www.midoregon.com.