Why use a mitigation bank
So you have an unavoidable impact associated with your development project and you need to provide compensatory mitigation for it in order to get DSL and Corps permits. You have two choices: do-it-yourself or buy credits from an approved mitigation bank.
We believe that buying credits from a mitigation bank is the best value for your mitigation dollar for one reason and one reason alone — risk of failure. Here are some sobering facts for you to consider when weighing your mitigation options.
Side-by-Side Comparison
| | Do-It-Yourself | Bank Credits |
| Risk of Failure | 65-75% (1) | 0% |
| Minimum project monitoring period | 5 years | None |
You're responsible for Acts of God - drought, flood, geese, frost heave, slugs nutria, beaver, deer, etc. | Yes | No |
You're responsible for unauthorized acts of man - dumping, vandalism, ATVs, pets, transients, complaining neighbors, etc. | Yes | No |
| Guaranteed Success | Yes - only if you can get your consultant to agree to it? | Yes - no question about it |
Do-it-yourself may look cheaper in the short run, but you're gambling that everything will go according to plan. If things don't and you have to re-do anything, the savings starts to evaporate in a hurry, and your mitigation project will become the closest thing to eternal life you'll ever see — a never ending story.
Customer Testimonials
Jim Minard, City Administrator
City of Monroe
Wastewater Treatment Plant Expansion Project, March 2009
"Tim, I just received your paper work and wanted to say thanks for all your help on the City of Monroe’s wetland mitigation bank. For a 0.77 acre project it would not have proved cost efficient or timely to meet our wastewater project constraints. Clearly this experience, which only actually took a few days, was far better and cleaner from the City’s perspective and we appreciate your diligence in filing the necessary paperwork and responding so quickly."
Kim Sass, Director
Albany General Hospital Foundation
Evergreen Hospice Project, May 2009
"Once the wetland alternatives were identified, foundation staff began to make inquiries about mitigation alternatives. Our first conversations and inquiries did not produce any results. Then we were introduced to the owners of EcoBank through one of our board of directors. His faith in their ability to offer professional wetland bank credits proved to be exactly the right advice. Tim Acker and Duane Drushella not only offered a fair price for the credits, but took the time to communicate the nuances of wetland issues in Oregon for staff and our board chair. In addition the EcoBank team has strong connections with local engineering professionals as well as the state of Oregon. This was very beneficial in the final approval of the land’s use as a hospice facility.
EcoBank has continued to show a sincere interest in our project, months after the deal was struck. When our house is a reality, Tim and Duane will be invited to have front row seats at the dedication ceremony!"