Oregon Community Credit Union is headquartered in Eugene and is the 3rd largest credit union in the state of Oregon. It is also the 136th largest credit union in the nation. It was established in 1981 and as of December of 2024, it had grown to 576 employees and 268,159 members at 17 locations. Oregon Community Credit Union's savings rates are 10X the national average, and it has a B health rating.
Field of Membership Restrictions
Membership in Oregon Community Credit Union is open to the following to individuals (and their immediate family) who live or work anywhere in Washington State or in the Oregon counties of Benton, Clackamas, Clatsop, Columbia, Coos, Crook, Curry, Deschutes, Douglas, Gilliam, Hood River, Jackson, Jefferson, Josephine, Klamath, Lane, Lincoln, Linn, Marion, Morrow, Multnomah, Polk, Sherman, Tillamook, Wasco, Washington, Wheeler, or Yamhill. Employees/students of Oregon University and members of the Oregon University Alumni Association also qualify for membership, as do employees of Bi-Mart and the State of Oregon employees.
See current membership details
OCCU 2 Year Interest Penalty For CD's 1 Year And Longer!!!
I made the mistake of buying a large $ amount of 5 year CD's @ 3% yld in 2020 without paying attention to the small print: OCCU charges 730 days of interest for early withdrawal on CD's 1 year and greater The penalty is extremely punitive and prevents liquidation to reinvest at today's 5%+ rates. It's my mistake that I failed to do due diligence; I'm posting this for the benefit of others considering OCCU CD's.
DO NOT USE THIS BANK FOR A LOAN!
The most frustrating process I have ever been though for an auto loan.
They have charged me for not having insurance on my car. while I had insurance on my car. I called them and provided proof of coverage during that time, and they said that there was nothing they could do to reverse the charges.
Next: The online platform is an uncharitable labyrinth. I set up auto pay with my bank and it does not give you the option to make a direct payment.
I had monthly payments going into the "savings" account but not into my loan. I have to wait for my auto payment to go through and then go online and transfer from my savings to my loan...
Next, I tried to fix this, and they started charging my other bank account. Fix right? Nope not at OCCU, they pulled from both of my accounts this month. So now I am paying double monthly car payments because their website was built during the DOT com boom and hasn't been updated since 1992.
I will be refinancing with literally any other institution asap. Worst mistake I could have possibly made when choosing a financial institution. I think a loan shark would have been a more painless process.
DO NOT USE THIS BANK FOR A LOAN!
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 65856 |
| Year Chartered | 1981 |
| Employees | 576 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.8% |
| Return on Equity - YTD | 7.87% |
| Annual Interest Income | $210.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $3.41B$3.33B |
| Loans | Q4 2024vs Q4 2023 | $3.06B$3B |
| Deposits | Q4 2024vs Q4 2023 | $2.82B$2.69B |
| Equity Capital | Q4 2024vs Q4 2023 | $346.5MM$318.6MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $51.1MM$42.9MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $73.8MM$44.6MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |
