|
Are you torn between saving money and paying down debt? While paying down debt is crucial for your financial health, saving money is equally—if not more—important.
Many people's first instinct to paying off debt is to withdraw from their emergency fund, retirement fund, or other savings accounts. The logic behind this is that your debt is likely costing you more money every month than your savings is earning you.
However, this strategy could actually lead to more debt in the long run. Crazy, right? But think about it—if you're neglecting your savings account and using all your extra funds to pay off your loans, what will happen if an emergency comes up, such as unexpected car repairs, vet bills, or even job loss?
So, what comes first—saving money or paying off debt?
| | |
Member Products and Promotions | |
|
Looking to build your savings and increase your returns? If yes, we have some excellent options for you to choose from:
Share Certificates. Limited-time offers with special rates.
High Yield Accounts. Earn better returns without tying up your funds. The more you save, the more you earn!
IRA Accounts. An easy, tax-advantaged way to save for your future.
Your money stays local, making our economy and community stronger, while earning you a great return. To get started, visit us online or at one of our convenient branch locations.
| |  |
|
Mid Oregon members receive discounted tax preparation services from TurboTax® Federal and H&R Block®?
1. TurboTax federal products—up to 20% savings.
2. H&R Block—New clients: $25 off professional tax prep. Returning clients: $10 off.
Plus, as a credit union member you can enter for a chance to win $10,000 in the Love My Credit Union® Rewards Tax Time Sweepstakes!*
Whether you file on your own or get help from a tax pro, you’re in good hands. Visit midoregon.com for more information.
| | |
|
|
|
Good friends always share what works, right? So, if you love Mid Oregon, tell your family and friends about us!
When they open a new checking account, we'll purchase their old checks and debit cards for up to $10, and you will receive a $10 gift card as a token of our appreciation.
So, what are you waiting for? Spread the word and refer your friends and family to Mid Oregon today.
Visit refer.midoregon.com to get started.
| | | |
|
APRIL 2024
11 Workshop—Understanding the Medicare ABCs (and Ds). 6:30 p.m. East Bend Conference Room, Presented by Emily Carrick, PacificSource. Learn more about who is eligible for Medicare, and answer your most frequently-asked questions. Register today.
20 Mid Oregon's Annual Free Shred Day
9 a.m.-11 a.m. Bend Olney, Madras Branches.
Noon-2 p.m. Redmond, Prineville Branches (see below article).
.
| | |
|
MAY 2024
16 Workshop: Estate Planning Essentials.
6:30 p.m. East Bend Conference Room. Presented by Jeff Patterson, partner at Lynch Murphy McLane LLP. Learn more about wills, trusts, powers of attorney, healthcare documents, and beneficiary designation assets/accounts. Register today.
29 Federal Holiday—Memorial Day
All Mid Oregon locations will be closed. You can still access your money anywhere, anytime using Digital Banking or at more than 30,000 CO-OP ATMs.
| | |
|
spoofing /spo͞ofiNG/
verb
-
Spoofing is the act of disguising a communication from an unknown source as being from a known, trusted source.
| |
As with many local financial institutions, we are receiving increased reports of fraudulent phone calls and text messages claiming to be from Mid Oregon.
Many of these calls even display accurate Mid Oregon phone numbers on caller ID. Scammers try to convince members that fraud is happening on their accounts and ask them to provide passwords, login information, card numbers, and even PIN numbers.
To help you avoid falling victim to these scams, we will discuss spoofing, provide prevention tips, and explain what to do if you suspect you have been scammed.
| |
| |
|
|
Our annual spring fundraiser is coming up soon and this year, we have a surprise for you!
For the past 20 years, Mid Oregon members have supported Healthy Beginnings through our Adopt-A-Bear initiative. However, as Healthy Beginnings is now part of the High Desert ESD, we have decided to redirect our support towards another amazing local non-profit that focuses on helping elementary students succeed in their first years of school.
We are proud to announce that we have found an incredible partner in SMART Reading!
SMART Reading is a children's literacy non-profit that is dedicated to serving kids in Oregon's highest-need schools and communities. They provide two important ingredients that are critical to literacy and learning success—shared reading time and books to keep.
In Central Oregon this year, they are reading with over 1,060 kiddos across 22 sites in Crook, Deschutes, Grant, Harney, Jefferson, and Northern Klamath counties. By helping children build confidence, literacy skills, and a love of reading, they hope to reduce the negative ripple effects of illiteracy and help them realize their full potential.
Beginning Monday, April 8, you can make money donations at any of our seven branches, by calling or texting 541-382-1795, or using our secure online donation form. All donations will remain in the communities they were collected.
We appreciate your support and thank you in advance for your generosity!
| | |
|
Free Shred Day | April 20—four locations! | |
Reducing your risk of identity theft starts with Mid Oregon's Free Shred Day.
With tax season winding down, it is time to securely dispose of your sensitive documents. Mid Oregon and our long-time partner Republic Services are here to help.
Join us Saturday, April 20, at any of the four locations:
Limit three bags or boxes of household documents (no commercial shredding, please). Paper clips and staples OK.
We will also be accepting donations for our new SMART Reading fundraiser at all four branch locations.
| |
About Mid Oregon Credit Union | |
|
Mid Oregon Credit Union is a full-service, member-owned financial cooperative headquartered in and serving Central Oregonians since 1957. With more than 47,000 members in Deschutes, Jefferson, Crook, Wheeler, Lake, and North Klamath Counties and $750 million in assets, Mid Oregon partners with members to meet their financial needs and to help them achieve their dreams. Mid Oregon was named a Top Workplace in Oregon and Southwest Washington for 2022 and 2023. For more information about our services and branch locations in Bend, La Pine, Madras, Prineville, Redmond, and Sisters, please visit midoregon.com.
*No purchase is necessary. Legal residents of the 50 United States (D.C.) 18 years or older who are members or employees of a U.S. credit union. Ends 4/15/24. To enter and for Official Rules, including odds and prize descriptions, visit https://taxservices.lovemycreditunion.org. Void where prohibited.
| |
541-382-1795 (call or text) | 800-452-3313
| |
|
| | | |
