Mid Oregon Credit Union Grows to $500 Million in Assets

Mid Oregon Credit Union recently announced that its assets now exceed $500 million, as of March 31, 2021. The credit union, which is the only financial institution headquartered in Central Oregon, credited several factors for achieving this milestone: growing population in region, expanding membership base, strong lending demand, improving economy, and a focused strategy.

“Our Executive Leadership Team has been preparing for smart growth for several years,” says Bill Anderson, President and CEO. “By establishing and maintaining focus on our key results — including growth in membership and overall member relationships — our team has worked together to consistently exceed our goals while maintaining our standards for friendly member service.”

Mid Oregon reached $400 million in assets in April of 2020. The credit union currently has more than 39,000 members in Central Oregon. Since its inception in 1957, Mid Oregon Credit Union has granted more than $1.4 billion in loans.

Despite the challenges of 2020, Mid Oregon saw an 8% increase in membership by providing a variety of affordable, high-quality financial services to individuals, families, and businesses in Central Oregon.

Other initiatives have contributed to Mid Oregon’s growth rate, including the success of Simply Free checking accounts, next-generation digital banking services, expansion into real estate lending and commercial loans, and a new full-service branch building in Sisters.

Posted in Member News.