Exhibit 4

                      Form of Certificate for Common Stock







                          OREGON TRAIL FINANCIAL CORP.

              INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE

  COMMON STOCK                                                     CUSIP
                                                               See Reverse For
                                                             Certain Definitions

THIS CERTIFIES THAT


is the owner of

              FULLY PAID AND NONASSESSABLE SHARES OF COMMON STOCK,
                          $.01 PAR VALUE PER SHARE, OF

Oregon Trail Financial Corp., a stock corporation incorporated under the laws of
the State of Oregon. The shares represented by this Certificate are transferable
only on the stock  transfer  books of the  Corporation  by the  holder of record
hereof  or by his duly  authorized  attorney  or legal  representative  upon the
surrender of this Certificate properly endorsed.  THE SHARES REPRESENTED BY THIS
CERTIFICATE  ARE NOT A DEPOSIT OR  ACCOUNT  AND ARE NOT  INSURED BY THE  FEDERAL
DEPOSIT INSURANCE  CORPORATION OR ANY OTHER GOVERNMENT  AGENCY.  The Certificate
and  shares  represented  hereby  are  issued  and shall be held  subject to all
provisions of the Articles of  Incorporation  and Bylaws of the  Corporation and
any amendments thereto (copies of which are on file with the Transfer Agent), to
all of which provisions the holder by acceptance hereof, assents.

     IN  WITNESS   WHEREOF,   Oregon  Trail  Financial  Corp.  has  caused  this
Certificate  to be executed by the facsimile  signatures of its duly  authorized
officers  and has  caused  a  facsimile  of its  corporate  seal to be  hereunto
affixed.



  CORPORATE SECRETARY                                                  PRESIDENT


                                                                  TRANSFER AGENT

                                     [SEAL]





                          Oregon Trail Financial Corp.

     The Board of Directors of the  Corporation  is  authorized by resolution or
resolutions,  from time to time  adopted,  to provide for the issuance of serial
preferred stock in series and to fix and state the voting powers,  designations,
preferences and relative participating,  optional or other special rights of the
shares of each such series and the qualifications,  limitations and restrictions
thereof.  The  Corporation  will  furnish to any  shareholder  upon  request and
without charge a full description of each class of stock and any series thereof.

     The following  abbreviations,  when used in the  inscription on the face of
this  Certificate,  shall be  construed as through they were written out in full
according to applicable laws or regulations.

     TEN COM                   -as tenants in common
     TEN ENT                   -as tenants by the entireties
     JT TEN                    -as joint tenants with right of survivorship and
                                not as tenants in common
     UNIF GIFT MIN ACT         -_______Custodian _______ under Uniform Gifts
                                 (Cust)          (Minor)
                                to Minors Act _________
                                               (State)

     Additional abbreviations may also be used though not in the above list

     For  value  received,   ___________________________________________  hereby
sell, assign and transfer unto

PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE

________________________________________________________________________________

________________________________________________________________________________

________________________________________________________________________________
                   Please print or typewrite name and address,
                     including postal zip code, of assignee

________________________________________________________________________________

________________________________________________________________________________

shares  of the  Common  Stock  evidenced  by  this  Certificate,  and do  hereby
irrevocably constitute and appoint ___________________________________ Attorney,
to transfer the said shares on the books of the within named  Corporation,  with
full power of substitution.

Dated _________________

                                           ______________________________
                                                     Signature

                                           ______________________________
                                                     Signature

                                           NOTICE:   The   signature   to   this
                                           assignment  must  correspond with the
                                           name as written  upon the face of the
                                           Certificate   in  every   particular,
                                           without  alteration or enlargement or
                                           any change whatever.