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Mid Oregon Expands Commercial Services Team

(Image, from L-R): Steve Ferber, Marc Madron, Lara Eckstine

Mid Oregon Credit Union announced the expansion of its Commercial Services team, promoting branch manager Marc Madron to the role of Commercial Deposit Relationship Officer. Madron will focus on meeting the needs of Mid Oregon’s growing business membership, as well as expanding his involvement in underwriting commercial loans and assisting branch teams in meeting the needs of local business owners.

Developed Small Business Lending

“I am very excited about adding Marc to our growing Commercial Services team,” says Steve Ferber, Director of Commercial Services for Mid Oregon. “Marc has a strong understanding of Mid Oregon, and has played a pivotal role helping to implement our Small Business Lending initiative. In his time at the Sisters branch, he was instrumental in reaching out to the business community and determining how Mid Oregon could meet their needs for business services. He’s active in the Sisters Chamber, as well as in local youth sports as a coach and volunteer.”

Expanded Business Services

Marc’s promotion into this role has been part of our nearly two-year effort to significantly expand and develop its Commercial Services capabilities. These efforts have included introducing Remote Deposit Capture and ACH origination services for businesses, as well as announcing a new Workforce Housing Loan Program in December 2019. In mid-April, Mid Oregon will also release an updated Digital Banking platform with enhanced features for businesses. The institution has experienced strong business deposit growth, now serving more than 1,800 business depositors. Business lending has also been brisk, funding more than $18 million in commercial loans in 2019, and holding approximately $50 million in outstanding business loans.

Before moving into this role, Madron served Mid Oregon for approximately three years as the manager at the Sisters Branch location. Another member of the Sisters Branch team, Lara Eckstine, has moved into the manager’s position vacated by Madron.