Oregon State Credit Union is headquartered in Corvallis and is the 5th largest credit union in the state of Oregon. It is also the 208th largest credit union in the nation. It was established in 1954 and as of June of 2021, it had grown to 262 employees and 129,466 members at 15 locations. Oregon State Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership in Oregon State Credit Union is open to those who live or work in Benton, Clackamas, Clatsop, Columbia, Coos, Crook, Curry, Deschutes, Douglas, Hood River, Jackson, Jefferson, Josephine, Klamath, Lane, Lincoln, Linn, Marion, Multnomah, Polk, Tillamook, Washington, Wasco and Yamhill counties in Oregon.
See current membership details
About As Good As It Gets
OSU Federal Credit Union is the best financial institution I have ever worked with. To begin with, many banks and credit unions these days will not allow you to have an account with them if your credit history is not superb. With OSU, there was never a mention of my poor history, even though they ran a thorough credit check on me. Opening the account was quick and easy. One thing that really surprised (and pleased) me is that they produced my debit card at the bank and handed it to me on the spot. No waiting and worrying over a card being lost in the mail. This credit union has a high employee retention rate, so the workers get to know you very fast, which makes all in-person transactions fast and friendly. To be honest, the ONLY problem I have ever had with this institution is their overdraft fees ($28). However, their fees are less than many other institutions, so I honestly have no right to complain - particularly since the overdraft was my fault to begin with. Their online banking setup is great and there is even an after-hours clerk who can perform many functions for you. All in all, I have always recommended OSU to friends and family and will continue to do so. I'm surprised as how pleased I have always been with them, particularly since so many other banks and credit unions are, simply, horrible.
Nice credit union
I joined this credit union just after I moved to Corvallis, Oregon. I've always belonged to a credit union as I do not like large banks. The credit union I used to have back in Ohio was the greatest so Oregon State CU had to be pretty good to compete. I was not disappointed. It took only a moment to open checkings and savings accounts.They have 2 convenient locations, the staff is friendly and their web services and website are top notch. I've been super impressed so far and I plan to continue to use them as long as I can. I have not used their CD's or bill pay services yet but I have heard they are great. I do most of my banking online but the few times I went to their location, the service was fast and friendly.
Data as of Q2 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68656 |
| Year Chartered | 1954 |
| Employees | 262 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.54% |
| Return on Equity - YTD | 15.03% |
| Annual Interest Income | $28.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $1.95B$1.64B |
| Loans | Q2 2021vs Q2 2020 | $1.14B$1.03B |
| Deposits | Q2 2021vs Q2 2020 | $1.73B$1.44B |
| Equity Capital | Q2 2021vs Q2 2020 | $197.6MM$178.2MM |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $8.8MM$6.3MM |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $2.8MM$4.2MM |
| Real Estate Owned | Q2 2021vs Q2 2020 | $0$0 |
