Redding, CA – Members 1st Credit Union and Rogue Credit Union are excited to announce their intent to merge, combining the strength of the two respected credit unions to maximize member value and deepen our community impact.

Both got their start serving state employees–highway workers and teachers–and share a longstanding tradition of community support. It’s even true that in their early days, both credit unions operated out of a desk drawer. One desk was in the local Department of Transportation office, the other at a local school. Both credit unions have enjoyed considerable growth since and now look toward the future in natural partnership.

Pending approval from the National Credit Union Administration (NCUA), 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.

As trusted partners in the North State, Members 1st and Rogue understand the importance of people to their success. The credit unions are committed to maintaining all service locations and employment for all staff. While there is much to be finalized about the new partnership, both credit unions look forward to new opportunities to serve their members.

“We are excited about this opportunity to partner with one of the top-performing credit unions in the nation,” said Ken Reed, Board Chair of Members 1st Credit Union. “This will give our members more choices and improved benefits of membership. Rogue is deeply committed to the communities they serve and will retain the same level of dedication to the Members 1st communities.”

Rogue Credit Union is headquartered in Medford, Oregon, with branches throughout southern Oregon and western Idaho. Rogue has a rich history of supporting the communities it serves, being recognized for excellence in service and financial strength. Our shared vision and values make partnering with Rogue the right choice for our members.

“We are beyond excited to be able to embark on this journey with a trusted partner,” said Matt Stephenson, President/CEO of Rogue Credit Union. “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.”

The strength of the combined credit union sets the stage for a stronger, more resilient financial institution that is well-positioned to meet the future needs of our members while remaining true to our shared mission, principles and values.

About Rogue Credit Union
Rogue Credit Union is a member-owned, not-for-profit financial cooperative, with an asset base of over $3.6 billion and a loan portfolio of over $2.1 billion. At Rogue, it’s about more than an auto loan or a checking account; it’s about offering a higher level of service to over 212,000 members. Under the direction of the Board of Directors, Rogue is committed to partnering with its members on their journeys to financial well-being and making local communities better for everyone. Membership with Rogue is open to anyone who lives, works, worships, or attends school in select Oregon, Idaho and California counties. Stop by any branch or visit www.roguecu.org and learn more about becoming part of something bigger.

About Members 1st Credit Union
Members 1st Credit Union is a locally owned cooperative dedicated to improving the lives of our communities. Members 1st has five branch locations in Redding, Anderson, and Chico. Membership is available to anyone who lives, works, worships, owns land, or owns a business within Butte, Glenn, Shasta, and Tehama counties. For more information, visit one of our convenient branches, call (530) 222-6060, or visit m1cu.org.

Branch Locations
1380 Hilltop Road
Redding, CA 96003

1260 Pine Street
Redding, CA 96001

5020 Rhonda Road, Ste. H
Anderson, CA 96007

550 Salem Street
Chico, CA 95928

969 East Avenue
Chico, CA 95926

Contact
Josh Markle
jmarkle@m1cu.org
(530) 222-6060 x359