Thursday, June 21, 2018

Mid Oregon Acquires $21 Million High Desert Bank

Mid Oregon Federal Credit Union (Bend, OR) has completed its acquisition of the assets and liabilities of High Desert Bank (Bend, OR).

The agreement has been in negotiations for several months and received regulatory approval at the end of May. The transaction closed on June 15.

High Desert Bank has one office and approximately $21 million in assets.

Mid Oregon has $289 million in assets.

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