Submitted by Gene Pelham on Wed, 09/07/2016 - 00:00
It’s your choice to choose your financial institution and we work hard every day to make sure that you choose Rogue Credit Union. Many of our members and even our staff members are not aware that you almost lost that choice back in the late 90’s. In February of 1998, the United States Supreme Court struck down a regulatory rule that allowed credit unions to serve multiple groups of members. This decision put the future of all credit unions in peril.
Credit unions, our staff and our members rallied to fight for you to have a choice in whether you wanted a not-for-profit or a for profit financial services provider. Prior to this, I had never imagined that I would become a political advocate. I always believed that my one vote just wouldn’t matter. However, all that changed when I marched in 1998 with hundreds of credit union staff and members on the federal court house in Eugene. We talked to our elected officials and we helped them understand the benefit that the not-for-profit business model of credit unions brings to our communities.
Submitted by Gene Pelham on Mon, 08/01/2016 - 00:00
The old adage, “If you don’t know where you are going… any road will take you there…” is a lesson that we all need to be reminded of from time to time. I am reminded of this lesson as your credit union heads into our annual planning season. In August, we bring together leaders from all over the credit union to talk about the opportunities and challenges that lie ahead. Based on the credit union’s long-term strategic plan, we prioritize the opportunities and build plans on how to effectively leverage the opportunities and mitigate the challenges. All of this work is put together into a document that is approved by your Board of Directors in December of each year.
Submitted by Gene Pelham on Fri, 07/01/2016 - 00:00
On my way back from watching my Grandson play in the championship game of his youth baseball league, I had the opportunity to reflect on the elements that are necessary for a winning team. You see, my Grandson's team lost the seven of their first eight games. Things were looking pretty bleak for the young guys. There were several new team members and it was clear in the first few games that they were playing as individuals, not as a team.
Submitted by Gene Pelham on Wed, 06/01/2016 - 00:00
Summer is just around the corner and if you’re like me, you’re starting to think about your warm weather activities and getting out to explore all Southern Oregon has to offer. Whether you prefer an action packed adventure, a slow relaxing afternoon or something in between, you’re bound to find something nearby for your summertime destination.
Submitted by Gene Pelham on Sun, 05/01/2016 - 00:00
Summer is just around the corner, school is winding down and Rogue’s Student Branches are wrapping up another successful year.
You may not be aware, but Rogue Credit Union operates five Student Branches in local area high schools including South Medford, North Medford, Ashland, Eagle Point and Brookings-Harbor. This fall we are excited to open our sixth Student Branch at Grants Pass High School. We also just celebrated the 23rd anniversary of the Student Branch Program here at Rogue which began back in 1993 at the former South Medford High School building.
Our five Student Branches are operated by Student Tellers and are open during lunchtime at the schools. Through this program, our twenty Student Tellers gain hands-on experience opening accounts and processing transactions for students, faculty and staff.
Submitted by Gene Pelham on Fri, 04/01/2016 - 00:00
As we transition to April, it’s that time of year when the beauty of our valley blossoms. The cherry trees are in full bloom, tulips & daffodils are popping up in droves and this burst of color is our sign to get out and experience all that Southern Oregon has to offer in the spring. Spring also means its Pear Blossom Festival time and serves as a reminder of the importance of this event in our local community.
Submitted by Gene Pelham on Tue, 03/01/2016 - 00:00
Have you heard the exciting news!? Your credit union just returned $2.5 million back to Rogue Credit Union members through our first Loyalty Dividend! We have been working since 2008 as part of our long-term strategic goals to reward our member-owners for their loyalty and participation with the credit union. I am proud to say that we were able to do so with the payment of our first ever Rogue Rewards Loyalty Dividend.
Submitted by Gene Pelham on Mon, 02/01/2016 - 00:00
This time of the year I reflect back on the credit union's results for the previous year. The success that our members have created for our credit union is hard to put into words, but I will try... words like amazing, incredible, and outstanding are a few words that come to mind. The credit union reached several milestones and received several accolades for our member service, staff focus, and financial results in 2015. All of this is due to our Board of Director's member focused decisions at the beginning of the financial crisis; decisions that guided the credit union for the sole benefit of our members as a member owned institution. The Board's action went against common thinking. They decided to invest in you, our members, and protect the jobs of our staff members. Well, today we are seeing that the investment in member focused decisions is now paying incredible returns to our members. We are excited about the next phase of how our Board will invest in our members and recognize your loyal participation in your credit union. More on that in a later issue...