2022 Q4 Press Release


Medford, OR – Rogue Credit Union announced financial results for the fourth quarter of 2022. Rogue’s growth remained steady in key categories. Rogue’s total assets grew at an annualized rate of .44%, with just under $3 billion in assets. The credit union experienced a solid Return on Assets of 1.19% and continues to experience membership growth, now serving over 202,000 members across Oregon and Idaho.

Rogue Credit Union’s equity position continues to grow, as the credit union closed the quarter with a 10.13% net worth ratio, well above the “well capitalized” regulatory requirement of 7.00%.

Rogue Credit Union

Q4 - 2022

Q4 - 2021

Total Assets



Asset Growth (annualized)



Total Loan Portfolio



Loan Growth (annualized)



Membership Size



Membership Growth (annualized)



Return on Assets (annualized)



Net Worth



Net Worth Ratio




In addition to strong performance in all key financial categories, Rogue continued to be a committed community partner throughout 2022, giving back over $350,000 in sponsorships, donations and scholarships, and over $190,000 to local Children’s Miracle Network Hospitals.

Rogue Credit Union also gave their time and took volunteer efforts to new heights with their Rogue “Community” Rally. During a 40-day sprint ending October 10, 535 Rogue team members volunteered 1,125 hours at organized “Community” Rally events across the regions they serve. Every branch and department across the organization participated, creating unique team-building opportunities across the credit union. Volunteer activities included park and beach clean-ups, grounds keeping, painting and repairs, and more for over 30 local non-profit organizations. Those organizations included CASA, various schools, ACCESS, United Way, Sleep in Heavenly Peace, Eagle Point Senior Community Center, Reaching Our Community Food Pantry, Port Orford Park Cleanup, the Drexel H. Foundation and many more.

In 2022, Rogue volunteered over 8,500 hours in their local communities. Rogue Credit Union’s President/CEO Matt Stephenson says, “Supporting our community has been a focus for us since our foundation, and we’re always looking for new ways to give back. This ‘Community’ Rally was an exciting opportunity for our entire team to unite together and make a big impact in just a few short weeks.”

2022 was also highlighted by Matt Stephenson becoming the new President/CEO on April 1, following the retirement of long-time CEO Gene Pelham. Pelham’s retirement brought to a close a remarkable career of 43 years in financial services and more than 18 years of service with Rogue Credit Union.

Rogue was also recognized with several awards in the fourth quarter including the Medford Mail Tribune’s Best Financial Institution 14 years on a row, the Curry Coastal Pilot Best Financial Services and Best Financial Institution, along with the Argus Observer Best Financial Institution of the Western Treasure Valley. Additionally, Rogue was presented with the Karen Doolen Award for service by the Jackson County Children’s Advocacy Center, acknowledging the credit union’s outstanding service and dedication over the years of volunteer efforts.

Rogue Credit Union has 27 locations across Southern Oregon, the Umpqua Valley, Klamath Basin, South Coast and the Treasure Valley.




Rogue Credit Union is a member-owned, not-for-profit financial cooperative, with an asset base of just under $3 billion and a loan portfolio of over $1.8 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 202,000 members. Under the direction of the Board of Directors, Rogue is committed to helping its members out along the way, making local communities better for everyone. A 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.