2023 Q1 Press Release

ROGUE CREDIT UNION CLOSES Q1 OF 2023 WITH CONTINUED GROWTH

Medford, OR – Rogue Credit Union announced solid financial results for the first quarter of 2023. Rogue’s growth remained steady in key categories. Total assets grew at an annualized rate of 31.44% with $3.19 billion in assets. The credit union experienced a return on assets of 0.86% and continues to experience membership growth, now serving more than 204,000 members across Oregon and Idaho.

Rogue Credit Union’s equity position remains strong as the credit union closed the quarter with a 9.59% net worth ratio, well above the “well-capitalized” regulatory requirement of 7.00%. Rogue remains the trusted local financial institution that is safe, sound and secure.

In the first quarter, Rogue received recognition as one of the best companies to work for in Oregon, ranking seventeenth in the top 100 list from Oregon Business in the large employer category. 

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Rogue Credit Union is a member-owned, not-for-profit financial cooperative with an asset base of $3.19 billion and a loan portfolio of $1.9 billion. At Rogue, membership is about more than an auto loan or checking account; it’s about a higher level of service for over 204,000 members. Under the guidance of the Board of Directors, Rogue is committed to helping its members and communities on their journey to financial well-being. Membership with Rogue is open to anyone who lives, works, worships or attends school in select Oregon, Idaho and California counties. Stop by any branch or visit www.roguecu.org to become a part of something bigger.