59 Years Ago in Crook County
Today marks the 59th birthday of Mid Oregon Credit Union. Eight educational visionaries in Prineviille signed our Organization Certificate on November 8th, 1957. That day the credit union had $40 in assets, eight members and zero employees. Two weeks later the certificate was approved by the Bureau of Federal Credit Unions and, as they say, the rest is history.
From the original credit union “office” in a home in Prineville, we have grown to six offices across Central Oregon, and are headquartered in Bend. Mid Oregon continues to expand and provide exceptional service, growing to assets worth over $240 million,while developing new and innovative product offerings that provides our members with financial tools necessary for their success.
Originally chartered in 1957 as “Tri-County Teachers Federal Credit Union”, the first field of membership included “Employees of the Public Schools who work in Crook, Deschutes and Jefferson Counties, Oregon; Employees of this credit union; members of their immediate families; and organizations of such persons.” Today, as Mid Oregon Credit Union, our field of membership includes more Central Oregon residents, but serves the same purpose. Bill Anderson, our President and CEO, said it well at the time of our 50th Anniversary in 2007:
“Mid Oregon was formed as a cooperative in 1957 to provide financial services for teachers who were underserved by mainstream financial institutions. As a result of a few teachers who banded together to help each other, today the Credit Union is available for all those who live, work, worship or go to school in Deschutes, Jefferson and Crook, (Now including Wheeler, Lake and North Klamath) counties. The vision and spirit of that small group is still alive today.”