Rogue Credit Union Ends 2024 with Continued Growth

ROGUE CREDIT UNION ENDS 2024 WITH CONTINUED GROWTH

Medford, OR – Rogue Credit Union announced financial results for the fourth quarter of 2024. The credit union’s growth remained steady in key categories. Rogue’s total assets grew at an annualized rate of 7.54% with over $3.6 billion in assets. The credit union experienced a return on assets of 0.70% and continues to experience membership growth, now serving over 212,000 members throughout Oregon and Idaho. Rogue Credit Union’s equity position also continues to grow. The credit union closed the year with a 9.72% net worth ratio, well above the “well-capitalized” regulatory requirement of 7.00%.

In addition to solid performance in key financial categories, Rogue remained a dedicated, local partner throughout 2024. The credit union returned $670,000 to local communities through sponsorships and donations, with an additional $37,500 distributed in scholarships.

Service at the credit union and in the community remained a priority in 2024 as Rogue achieved a variety of milestones. Together with its members, the credit union raised a record-breaking $269,000 for Children’s Miracle Network. Rogue Rally, the credit union’s employee-led volunteer initiative, also returned and set records last year. 581 team members volunteered 1,258 hours of their time at local food banks, schools and nonprofit organizations between July and October. In total, employees contributed over 12,500 hours of volunteer service throughout 2024 across our five service regions.

The credit union also received recognition for exceptional service throughout the year. Community members recognized Rogue with multiple awards, including Best Financial Institution (Rogue Valley Times Readers Choice Awards), Best Personal Loan/Title Loan Company (Rogue Valley Times Readers Choice Awards), Best Credit Union (Bicoastal Media’s Best of Southern Oregon) and Best Financial Institution in the Western Treasure Valley (Argus Observer).

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Rogue Credit Union is a member-owned, not-for-profit financial cooperative, with an asset base of over $3.6 billion and a loan portfolio of over $2.1 billion. At Rogue, it’s about more than an auto loan or a checking account; it’s about offering a higher level of service to over 212,000 members. Under the direction of the Board of Directors, Rogue is committed to partnering with its members on their journeys to financial well-being and making local communities better for everyone. Membership with Rogue is open to anyone who lives, works, worships, or attends school in select Oregon and Idaho counties. Stop by any branch or visit www.roguecu.org and learn more about becoming part of something bigger.