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Local News

Good Results for Credit Union Lending


May was a very busy month for lending for Mid Oregon Credit Union.  Spokesman Kyle Frick says they did almost  $105 million in lending ranging from car, home and small business loans.  He says compared to last May, the credit union did about $5 million more in volume.  "The thing for us in looking at the trend is the last 7 months, we've seen strong lending growth, even in January and February which is usually pretty slow because people are recovering from the holidays.”  Frick says this much positive lending growth is usually an indicator of the upturn in the economy.  Frick was  a guest Wednesday on 1110 KBND's 'Your Town."


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