KBND Morning News

ON AIR NOW

KBND Morning News

6:00am - 9:00am

Contact
Local News


Mid Oregon Credit Union is announcing that they've again hit the $100 million mark in loans. And this is in the context of tough economic times. CEO and President Bill Anderson says with 22,000 members in Central Oregon, the credit union seems to mirror the local economy: “The economy in Central Oregon had slowed down. People are stressed; things are starting to improve a little bit, and we had also made some adjustments to our products to respond to what people need and we had seen a slight decrease in lending. But we've seen in the past few month's that that has turned around.” He says they are seeing a high demand for a short term "mortgage accelerator" loan that is for homeowners who often owe less than $100,000 on their home. The accelerator loan has lower fees and is designed to help homeowners pay off their mortgage faster. 

 

 

Share
Traffic

 

 

  • Click on the link for the latest conditions on the mountain passes.

 

  • North 3rd St >< Division and O.B. Riley Rd, single lane N-Bound (6/15-8/30)
  • South 3rd St >< Wilson and Reed Ln, single lane closures South Bound 5a-2p (8/30)
  • Construction at 27th Street . Northbound Lane Closed from Ferguson to Bear Creek.  Detour in place.
  • O.B. Riley Road South-bound lane closed south of Mervin Samples Rd (12/17)
  • Butler Market East-bound lane closed E of 4th St. for sewer construction. (12/17)