March 31, 2025 3;20 a.m.

In the KQEN Business Spotlight:

Rogue Credit Union and Members 1st Credit Union have announced their intent to merge.

A release said the move will combine the strength of two respected credit unions to maximize member value and deepen community impact.

Pending approval from the National Credit Union Administration, state regulators in California and Oregon, and the Members 1st membership, the combined $4 billion credit union will serve 236,000 members with a network of 28 full-service branches. The merger, which is expected to be completed in 2026, has been unanimously approved by the boards of directors of both credit unions.

Rogue Credit Union President/CEO Matt Stephenson said, “We are beyond excited to be able to embark on this journey with a trusted partner”. Stephenson said, “This partnership will allow us to provide a greater opportunity to serve more members, offering expanded resources and enhanced services – all while preserving the local, hometown feel that members value”.

Members 1st Credit Union is headquartered in Redding, California, with branches in Redding, Chico and Anderson.

Rogue Credit Union is headquartered in Medford with branches in southern Oregon, eastern Oregon and Idaho. It has three branches in Roseburg, including one at Umpqua Community College.