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.

President’s Message: New Members, New Opportunities

President’s Message: New Members, New Opportunities

High Desert Bank

On June 15, Mid Oregon Credit Union completed a purchase and assumption of the loans and deposits of High Desert Bank totaling approximately $21 million. The conversion was successful with extremely few issues. We made direct contact by phone and mailings and made sure they had checks, debit cards, and other resources in place and ready to go immediately after the conversion.

Although 2018 was setting up to be another successful year at Mid Oregon already, with healthy economic and job growth forecasts for Central Oregon—this purchase gave us additional opportunities.

New Relationships

To us, it was a chance to add strength, build on our position in the community, and forge new relationships. To the customers of High Desert Bank, however, it had the potential to be like so many bank mergers and takeovers— an unplanned inconvenience. Our team set out to change that perception and make the process of “unbanking” as seamless as possible.

We carefully planned the transition process, determined the best way to communicate with our new members, and walked them through the steps. When the conversion occurred in mid-June, we were delighted to welcome our new members aboard with minimal issues.

Increases Commercial Services Capacity

While we’re happy to offer increased services and convenience to our new members, our existing members also reap the benefits. Four of the five employees at High Desert Bank have chosen to join our team, bringing decades of experience in serving commercial accounts and allowing us to increase our capacity to serve the needs of more local businesses.

An accomplishment like this can’t happen without a great team—folks who work well together, dig in to solve problems quickly, and put themselves in the member’s shoes. Our team strives to be humble and open to feedback (especially the difficult kind), so we can keep getting better.

More Frequent Member Surveys

We welcome your feedback too! We’ve increased the frequency of our member surveys to four times a year to be as responsive as possible. If you’ve participated recently, thank you for the valuable feedback. If you haven’t, feel free to leave us a message or comment on our website,

Thank you for being a member of Mid Oregon Credit Union!

Bill Anderson

The Importance of Small Businesses

The Importance of Small Businesses

For years, Central Oregon has been known as the land of small business. In fact in 2016, Bend ranked #1 in Forbes’ annual look at the Best Small Places for Business and Careers.

In Oregon, small businesses account for 98% of all firms, employ over half the state’s workforce and play a vital role in our economy. That’s especially true for rural Oregon, which depends on small business for economic growth.

As this week is National Small Business Week, we thought we would recognize the importance of small businesses here in Central Oregon.

About National Small Business Week

From April 29th through May 5th, the Small Business Administration (SBA) recognizes outstanding entrepreneurs and small business owners from across the U.S. Here’s what their website has to say about National Small Business Week:

“Every year since 1963, the President of the United States has issued a proclamation announcing National Small Business Week, which recognizes the critical contributions of America’s entrepreneurs and small business owners.

“More than half of Americans either own or work for a small business, and they create about two out of every three new jobs in the U.S. each year.

“As part of National Small Business Week, the U.S. Small Business Administration takes the opportunity to highlight the impact of outstanding entrepreneurs, small business owners, and others from all 50 states and U.S. territories. Every day, they’re working to grow small businesses, create 21st century jobs, drive innovation, and increase America’s global competitiveness.”

Why Small Business is Important to Mid Oregon

Mid Oregon Credit Union’s membership is very reflective of the composition of Central Oregon residents. While our foundation is still with educators- being chartered by 8 Crook County School District Employees in 1957- our current account makeup has a large concentration of self-employed people. Our commercial services and business members are also growing at a fast pace. Today, the numbers are significant:

  • 1,415 of our 30,000+ accounts are business accounts
  • Of those, 582 are sole proprietors &  740 are partnerships, limited liability companies or corporations
  • Over 1,350 of those businesses use us for checking account services
  • Over 2,400 accounts are for self-employed people, which has increased over 25% in the last 2 years
  • Those self-employed members rely on us to enhance their financial well-being, with over $51 million in loans and deposits
  • Mid Oregon member businesses have over $37 million in commercial loans, financing a variety of Central Oregon business needs

Mike Testerman, Mid Oregon’s Commercial Services Director, noted one of our best kept secrets about our business services:

“People are quite surprised when they learn Mid Oregon Credit Union can provide a range of financing for small businesses that can include multi-million dollar projects.”

Our business accounts are representative of our Central Oregon focus, and the diversity of our communities. Bend-based businesses make up 44% of our accounts, followed by Redmond at 16%, Prineville (10%), La Pine (10%), Madras (9%), Terrebonne/Crooked River Ranch (4%), Sisters (3%), Sunriver and Culver (each 2%). We also have business members in Powell Butte, Mitchell, Crescent, Silver Lake, and other smaller towns.

Small Business Resources in Central Oregon

There are great resources for businesses in Central Oregon, which are necessary to their success. Beyond the Small Business Administration, local business people can turn to these great community partners:

Pickleball Zone Is Taking Shape!

Pickleball Zone Is Taking Shape!

Pickleball Zone in Bend

Mid Oregon Credit Union is proud to support the economic expansion of Central Oregon through our commercial financing. Just down the street from our Administration building is one of the latest projects in which we are involved, the Pickleball Zone.

The Pickleball Zone, being built on 18th Street near Empire Avenue, is in construction. Planned to open this spring, it will give a year around opportunities to the over 2,500 enthusiasts in Central Oregon. The Pickleball Zone is part of Cascade Indoor Sports, also located nearby on High Desert Lane.

Indoor Recreational OpportunitiesThe Pickleball Zone- Artists Rendition | Pickleball Zone Is Taking Shape!

We are excited about the year around recreational opportunities which will be available. From the Pickleball Zone website, we learn some interesting things:

This state of the art 48,000 square foot multi sport facility will house the Trampoline Zone on the ground floor and 8 dedicated Pickleball courts on the second floor. The easy accessible lot has more than 120 parking spaces with room to grow.

The address of the new facility is 63040 NE 18th Street in Bend. Steele and Associates Architects are the designers and Kevin Spencer, Empire Construction and Development is the builder.

Butch Roberts will be managing the facility. He owns and manages Cascade Indoor Sports which is just around the corner. Butch has many years of experience in running an indoor soccer facility and sports programs.

About Pickleball

Pickleball is the fastest growing racquet sport not only in the country, but also in Central Oregon. Started in 1965 on Bainbridge Island WA, Pickleball almost lay dormant until a few years ago. Now Pickleball has moved out of the RV and retirement communities and, while still very popular amongst the baby boomers, the sport is attracting younger generations.

In August of 2017 the Bend Pickleball Club hosted the Pickleball Zone USAPA Pacific Regional tournament at Pine Nursery. With over 500 players, (90 of them from the Professional Pickleball Federation (PPF), the tournament was a huge success. The best players from all over the country competed in this major tournament of the Pro Tour.

Central Oregon has over 2,500 pickleball players from La Pine in the South to Prineville in the North. While there are lots of places to play outdoors, there are very limited indoor facilities.

Mid Oregon is glad to be part of creating a solution and bringing pickleball to more Central Oregonians.