Craft3 to provide loans to businesses in Deschutes, Crook, and Jefferson Counties
Craft3 announced today that Turner Waskom and Maggie Kirby will staff Craft3’s new Central Oregon office in Bend. Craft3 is a non-profit Community Development Financial Institution (CDFI) lender with a mission to strengthen economic, ecological, and family resilience in Pacific Northwest communities.
Turner Waskom started as Craft3’s Senior Business Lender earlier this month. From the Bend office, Turner will serve businesses in Deschutes, Crook, and Jefferson Counties. Turner has past banking and non-profit experience, but it was the mission that sparked his interest in Craft3.
“I was drawn to Craft3 because of the way they make a difference in the community. Each loan is made with a mission – to create or maintain jobs, help the environment, or help minority or women owned businesses,” said Turner. “The mission-driven outcome of their loans is something completely different than other banks where I have worked.”
Maggie Kirby is Craft3’s Development Manager and has been with the organization since 2007. She manages the organization’s efforts to develop a diverse and stable funding base to achieve Craft3’s annual and long-term performance goals.
“Craft3’s competencies are managing risk and delivering capital that supports triple bottom line outcomes. We do this by developing deep partnerships and deploying resources in alignment with established local leadership and strategy. Bend and Central Oregon communities have a deep entrepreneurial spirit and coordinated, strategic regional leadership that are building blocks for a strong regional economy. Craft3 is thrilled to have been welcomed to the tri-county area and we look forward to becoming part of this great community!”
Central Oregon is Craft3’s first step in putting feet on the ground in key regional centers east of the Cascades. Its strategic plan calls for at least four new offices in Central and Eastern Oregon and Washington by 2016.
Craft3 specializes in helping borrowers who cannot get needed financing from traditional sources. The institution has invested over $251 million from offices in Ilwaco, Port Angeles, Seattle, WA and Astoria and Portland, OR. Craft3 provides loans to businesses, non-profits, and local and Tribal governments.
Turner and Maggie will be working from a temporary location, until early July, when Craft3 moves to the Carriage House Building 917 NW Harriman Street in Bend.
Visit Craft3’s website to learn more about its loan products, www.craft3.org. Central Oregon businesses can contact Turner Waskom at TWaskom@Craft3.org or 541-419-1187