Medford, OR (January 16, 2025) |
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%.
| Rogue Credit Union | Q4 - 2024 | Q4 - 2023 | |||
| Total Assets | $3,616,311,093 | 3,362,849,150 | |||
| Asset Growth (annualized) | 7.54% | 13.68% | |||
| Total Loan Portfolio | $2,139,145,462 | $1,956,173,262 | |||
| Loan Growth (annualized) | 9.35% | 2.57% | |||
| Membership Size | 212,589 | 206,652 | |||
| Membership Growth (annualized) | 3.85% | 2.19% | |||
| Return on Assets (annualized) | 0.70% | 0.88% | |||
| Net Worth | $354,700,426 | $330,342,634 | |||
| Net Worth Ratio | 9.72% | 9.73% |
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).