Bill Anderson, President/CEO of Mid Oregon Credit Union, announced assets exceeded $200 million for the first time since establishment in 1957. Previous milestones of $100 million in deposits (2009) and $100 million in loans (2011) show a consistent growth trend. Mid Oregon Credit Union achieves $200 Million asset milestone threshold in Central Oregon.
“This major milestone reflects the strength and stability of our financial institution as well our continued growth,” explained Anderson. “We work hard to build relationships and trust with our members and our community. Our continued commitment to Central Oregon sets us apart from other financial institutions. People are interested in Mid Oregon Credit Union as a preferred choice for financial services.”
“We are seeing positive member growth in deposits, lending and checking accounts” said Kyle Frick, VP Marketing. “Products and services like mobile deposit, debit card security app (CardNav), and Home Energy Trust efficiency loans are helping members with more convenient access to their accounts, saving time and money.”
Deposits are insured to at least $250,000 through NCUA (National Credit Union Administration) and NCUSIF (National Credit Union Share Insurance Fund), the equivalent of FDIC insurance.
Mid Oregon Credit Union is a full-service, member-owned, financial cooperative that has served Central Oregonians for 58 years. With over 24,000 members in Deschutes, Jefferson and Crook counties, Mid Oregon Credit Union is helping meet member needs and achieve financial dreams. For more information about Mid Oregon Credit Union, their services and branch locations in Bend, Redmond, Prineville, Madras and La Pine Lending Center, please visit www.midoregon.com or call 541-382-1795.