BEND, Ore.–The ribbon has been cut on a new headquarters building for Mid Oregon Credit Union. The new three-story building is in Bend’s Old Mill district.

“As an homage to the history of the mill, this is a mass timber construction, rather than a steel building,” the credit union said. “The site of the new building was the location of the mill’s tool shed.”

Mid Oregon CU said that although it offers plenty of modern amenities, it is very aware local roots. 

“That relationship dates all the way back to 1957, when eight teachers in Prineville decided to get together and create a credit union to help serve educators in the tri-county region,” CEO Kevin Cole told KTVZ News. “Since that time, we’ve grown to over 50,000 members. We are Central Oregon’s credit union. We are the only financial institution headquartered in this area, and we take that responsibility very seriously.”

$9.5 Million Cost

According to the report, the first floor of the credit union includes all the features of all the other locations, including a drive-thru ATM and a drive-thru teller lane. The upper floors house offices for lending and the wealth management department. 

The 16,000 square foot building cost a little more than $9.5 million.

Video of the new facility can be watched here.