Mid Oregon CEO Bill Anderson to Retire; BOD Names President Kevin Cole as Successor

Last week, Mid Oregon Credit Union announced its Board of Directors has named current President, Kevin Cole, as President and CEO, effective January 2023. The credit union’s long-time CEO, Bill Anderson, will retire at the end of the year, completing a remarkable career spanning 32 years of service to Mid Oregon Credit Union and the Central Oregon community.

“Bill Anderson orchestrated significant leadership changes to Mid Oregon Credit Union,” said Board Chairman Michael Powell. “He focused on building a culture and developing leading-edge systems and products to benefit the Central Oregon community, resulting in significant growth and deeper relationships with members. Under Bill’s leadership, Mid Oregon Credit Union has become a pillar of the community and the only financial institution headquartered in Central Oregon. Bill is an esteemed leader in this community.”

Anderson joined the Bend, Oregon-based credit union in 1990 as Vice President and rose to the role of President and CEO in 1994. Under Anderson’s leadership, Mid Oregon grew from one office with nine employees to a full-service financial institution with seven branches, a contact center, and 140 employees serving more than 41,000 members. Since its inception in 1957, Mid Oregon Credit Union has granted more than $1.7 billion in consumer, mortgage, and business loans.

“I am blessed to work with an amazing team of individuals who will continue to grow the business, always understanding that we exist solely for the benefit of our members and in service to our Central Oregon community,” said Anderson. “I’ve known Kevin Cole for a long time and to be able to attract someone of his caliber and work with him for the past five years has helped me know with certainty that we have the right leader in place, and this is the right time.”

Cole joined the Mid Oregon team in 2016 as the Chief Financial Officer and advanced to Executive Vice President before being named President in 2021. During Cole’s tenure, he has helped transform the organization through technology, vision, advocacy, and talent development.

“Bill’s leadership example has inspired me to choose a direction for the organization that includes building a more inclusive financial partnership for all Central Oregonians,” said Cole. Some projects he’s led so far include developing a Workforce Housing Loan Program, removing barriers for people to open checking accounts, and offering next-generation digital banking services.

Cole currently serves as a member of the Bend Economic Development Advisory Board as the chair of the Advocacy Committee and recently joined the Board of Directors for Economic Development of Central Oregon (EDCO). He is a lifelong learner who holds a B.A. in Political Science from UC Irvine, an M.B.A. from the University of Oregon, as well as the Chartered Financial Analyst designation. He currently lives in Bend with his wife and two French bulldogs.

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Posted in Leadership.