Oregon Revised Statutes Financial Institutions § 711.520

(1) First, if collateral has been pledged under ORS 295.015 and assets have been pledged under ORS 709.030, to the benefit of those for whom the collateral and assets have been pledged;

(2) Second, to pay the expenses of liquidation;

(3) Third, to satisfy the amount due the depositors; and

(4) Fourth, to satisfy the amount due sellers of federal funds.