Members 1st Credit Union is a safe, sound and successful credit union with an excellent reputation in the community they serve. Their strong financial position and exceptional member service has positioned them to select a merger partner to expand their products and services.

After careful consideration, Rogue was chosen as the ideal partner for Members 1st. Our shared history and values uniquely position both credit unions to expand services, provide exceptional value to our members and honor our legacy of community support through this partnership. 

Partnering with Members 1st Credit Union will help us both grow to serve an expanded field of membership and be stronger together. Expanded products and services will be available for members of Members 1st, including our Rogue Rewards loyalty program, a larger commercial lending department, investment services and much more.

Members of both credit unions will have access to credit union services in new communities, and the collaboration between our teams will create opportunities to accomplish more than what we could’ve done separately. Both credit unions will also continue to have local Board members who are invested in the communities we serve, keeping our money and decision-making local. 

Rogue members will enjoy an expanded field of service that now includes Northern California. Those of us who enjoy trips to Northern California will now be able to visit a branch in Redding, Anderson or Chico.

We do not anticipate an interruption of service for either membership. If something comes up, we will be sure to communicate it well in advance. 

Because Rogue is the acquiring credit union, our members will not vote on the merger.

If you have any questions, we would love to hear from you. Please send any questions or comments to LeadershipListens@roguecu.org

The difference is simple: people over profits. Unlike a bank buyout which requires a large financial investment, a credit union partnership occurs when two credit unions combine financial resources and expertise solely to provide expanded services for their members. We are excited to bring these additional benefits to you.

We do not anticipate any new fees as a result of this merger. Our fee structure is reviewed regularly and adjusted based on the best interest of our members and the credit union. 

This merger will not impact deposit rates. Deposit rates are impacted by competitive forces in the market, and the merger costs are not being paid for by withholding dividends from our members. Even better, we anticipate that this investment in regional expansion will help us grow deposits faster than we would have if limited to our original footprint. 

Yes, your deposits will continue to be federally insured by the NCUA, with up to $250,000 in protection per membership. 

We are deeply committed to serving our members and communities. Our team-based structure helps us meet the unique needs of each region we serve, from lending and deposits to community outreach and involvement. Our members will always be our top priority, and every decision we make is driven by what’s best for YOU.

The Boards of Directors at Rogue Credit Union and Members 1st Credit Union have unanimously approved our intent to merge. Next, both credit unions will complete a due diligence process, including a deep dive into cultures, financial reports, organizational structures and more.
 
After we complete the due diligence process, both credit unions need to agree that the merger should continue. Members 1st will then seek approval from their members through a voting process that is likely to happen later this year. 

Members 1st branches and employees will become Rogue Credit Union's team members and branches moving forward.

No, Rogue will continue to remain headquartered in Medford, Oregon just as it has been since 1956.