Oregon State Credit Union

What Oregon State Credit Union does

Oregon State Credit Union is a member-owned, not-for-profit state-chartered credit union founded in 1954 in Corvallis, Oregon, operating across 16 branch locations in Oregon and two Washington counties with a $2.1 billion asset base and approximately 155,000 member-owners. The institution provides a full retail and small-business banking platform spanning checking (Value, Rewards, Senior Platinum, Teen), savings (basic, high-yield up to 5.00% APY, HSA, kids, teen, money market), share certificates, IRAs, mortgages, home equity, vehicle loans, personal loans, student loans, business banking, merchant card services, insurance, and wealth management (delivered through LPL Financial Advisors). Distribution combines physical branches, a mobile and online banking platform (with a state-of-the-art refresh scheduled for July 21, 2026), text banking, and the CO-OP ATM network providing access to nearly 30,000 surcharge-free ATMs nationally.

The credit union's revenue model is a standard cooperative spread-plus-fee structure: net interest income from lending funded by member deposits is supplemented by interchange income on Visa debit and credit cards (Value, Signature, Teen, Business, Signature Business), transactional fees (e.g., $3/month paper statement fee effective January 2025, $1.50 ATM fee after six free CO-OP transactions), insurance commissions, and wealth management referral economics through LPL. As a 501-style cooperative, earnings are reinvested into member benefits rather than distributed; the institution is governed by a member-elected board with no external shareholders or parent. Recent operating priorities emphasize community reinvestment — over $106,000 raised for affordable housing, $362,000 raised for artists with disabilities, $66,000 in scholarships, and 3,300+ volunteer hours in 2025 — alongside a multi-year digital platform rebuild and a refreshed executive team hired from larger credit unions and major banks.

Name

Oregon State Credit Union

Legal name

Oregon State Credit Union

Website

https://oregonstatecu.com

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

101–250 employees

Short description

Oregon State Credit Union is a member-owned, not-for-profit state-chartered credit union founded in 1954, serving 155,000+ members across 16 Oregon and SW Washington branches with $2.1 billion in assets, offering consumer and small-business banking, lending, insurance, and wealth management services.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Credit Unions (52213), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

Keywords

• Retail banking services
• Consumer lending products
• Commercial banking solutions
• Credit union membership
• Deposit and loan services

Headquarters

HQ city

Corvallis

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Loan Interest Income: Interest income from mortgage loans (fixed-rate, construction, land, jumbo, refinance), home equity products, auto loans, RV/boat/motorcycle loans, personal loans, student loans, and business loans (commercial real estate, business lines of credit, business vehicle loans)
2. Fee Income: Various banking fees including paper statement fees ($3/month for Value/Rewards Checking if not enrolled in estatements), ATM fees ($1.50 per transaction after 6 free CO-OP Network transactions), and other service charges
3. Credit Card Income: Interchange income and interest from Visa credit card products (Visa Value, Visa Signature, Teen Visa, Visa Business, Visa Signature Business)
4. Deposit Account Revenue: Using member deposits to fund loans, generating spread income between lending rates and deposit rates
5. Insurance Products: Insurance agency products including auto, home, vehicle protection, payment protection, and GAP insurance
6. Wealth Management Services: LPL Financial Advisors offering financial planning and investment management services

Pricing tiers

Go-to-market motion2 records

Distribution channels8 records

Marketing channels8 records

Core offering

Oregon State Credit Union is a member-owned, not-for-profit cooperative that provides consumer and business banking products and services, including checking, savings, certificates, IRAs, credit cards, mortgages, home equity, vehicle and personal loans, commercial banking, merchant card services, insurance, and wealth management. It serves members through 16 physical branches across Oregon, mobile and online banking platforms, and shared CO-OP ATM access, generating revenue primarily through net interest income on loans and deposits, interchange, and service fees.

Product overview

Oregon State Credit Union offers a comprehensive suite of financial products and services organized around core banking categories: Spend & Save (checking and savings accounts, credit cards, certificates, IRAs), Borrow (mortgages, home equity, vehicle loans, personal loans), Invest (wealth management through LPL Financial), Business services (commercial banking, merchant services, commercial lending), and Digital Banking (online/mobile banking, P2P transfers, bill pay, text banking, estatements). The credit union operates primarily as a platform-plus-branch model with 16 physical branch locations complemented by full-featured digital banking services. Products include multiple checking variants (Value, Rewards, Senior Platinum, Teen), savings options (Basic, High-Yield, HSA, Kids, Teen), credit cards (Visa Value, Visa Signature, Teen), mortgage products (Fixed-rate, Construction, Land, First-Time Homebuyer, Jumbo, Refinance), consumer loans (Auto, RV, Boat, Motorcycle, Personal, Student), business accounts and loans, insurance products, and wealth management advisory services.

Differentiator

Problem solved

Functional benefit

Products and services

• Digital Banking (Online & Mobile)
• Value Checking
• Rewards Checking
• Senior Platinum Checking
• Teen Checking
• Visa Value Credit Card
• Visa Signature Credit Card
• Basic Savings Account
• High-Yield Savings Account
• Health Savings Account (HSA)
• Kids Savings Account (Scottie Savers Club)
• Share Certificates
• Individual Retirement Accounts (IRAs)
• Fixed-Rate Home Loan
• First-Time Homebuyer Mortgage
• Home Equity Line of Credit (HELOC)
• Home Equity Loan
• Auto Loans
• Personal Loans
• Debt Consolidation Loans
• Business Checking Accounts
• Visa Business Credit Card
• Merchant Card Services
• Business Line of Credit
• Commercial Real Estate Loan
• Insurance Products
• Wealth Management
• Pay It Now (P2P/A2A Transfers)
• Early Direct Deposit

Quantifiable outcome

• Over 155,000 member-owners served
• +7 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Twelve partnerships are on record, tiered major, core and minor.

• Cornerstone Community HousingmajorStrategic or Co-development PartnerPartnership addressing housing insecurity through donations and sponsorships. In 2025, contributed to raising over $106,000 for affordable housing, resulting in 200+ Lane County families gaining access to rental/utility assistance and housing stability programs.
• Oregon State University FoundationmajorStrategic or Co-development PartnerSupporting OSU's Finish in Four Scholarship Fund with $10,000 matching donation during Dam Proud Day (annual university day of giving) to help students graduate on time.
• Western Oregon University (WOU)majorStrategic or Co-development Partner$50,000 five-year donation to WOU's First Generation Student Success Center to expand advising, mentorship, and resources for first-generation college students to persist and thrive academically.
• North Pole StudiosmajorStrategic or Co-development Partner$10,000 championing sponsor for Holiday Gala helping raise $362,000 for artists with autism and intellectual/developmental disabilities. Also launched $2,500 Creative Impact Scholarship and $10,000 sponsorship for annual event.
• Clackamas Women's ServicescoreStrategic or Co-development PartnerPresenting sponsor for 40th Anniversary Gala supporting survivors of domestic and sexual violence, helping provide safety, healing, and lasting stability programs.
• Credit Unions for Kids / Children's Miracle Network HospitalscoreStrategic or Co-development PartnerContributed over $61,000 in 2025 to benefit OHSU Doernbecher and PeaceHealth Sacred Heart. Credit Unions for Kids ranks as 5th largest sponsor of Children's Miracle Network Hospitals.
• LPL Financial AdvisorscoreTechnology or IntegrationOn-site financial advisors providing wealth management, financial planning, and investment services to members. Available by appointment at branch locations.
• United WaycoreStrategic or Co-development PartnerPartnered to bring together state leaders, businesses, and nonprofits at the ALICE Summit to address financial challenges faced by Asset Limited Income Constrained yet Employed (ALICE) households representing ~30% of Oregon communities. Team donated record $43,300 in annual United Way Campaign including sponsorship for 586 children in Dolly Parton's Imagination Library.
• Stand By Me - OregonminorStrategic or Co-development PartnerSponsored personalized financial coaching program to help improve financial capability for Oregon residents.
• Oregon State University Center for Advancing Financial Education (CAFÉ)minorStrategic or Co-development PartnerSponsored financial coaching initiative to offer personalized support for improving financial capability.
• Clackamas Community CollegeminorStrategic or Co-development PartnerIntroduced new $2,500 scholarship for first-generation students at Clackamas Community College.
• Oregon State University Women's SoccerminorStrategic or Co-development PartnerFirst-ever sponsor of OSU Women's Soccer program, reinforcing belief in power of athletics to build confidence, resilience, and leadership.

Scale indicators15 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• OnPoint Community Credit Union: Largest Oregon-based credit union headquartered in Portland, offering consumer and business banking, mortgages, and wealth management across Oregon and SW Washington. Most direct competitor to OSCU in the same geography, and source of OSCU's new CGO.
• SELCO Community Credit Union: Oregon-based community credit union headquartered in Eugene, providing consumer and business banking, lending, and wealth services. Direct competitor with overlapping branch geography in Oregon and similar community-based cooperative model.
• Rogue Credit Union: Oregon-based community credit union headquartered in Medford, serving southern Oregon with consumer and business banking products. Comparable in size and community credit union positioning to OSCU with overlapping state footprint.
• Advantis Credit Union: Portland, Oregon-based community credit union offering full-service consumer and business banking. Direct competitor to OSCU in the Portland metro and broader Oregon market with similar member-owned cooperative structure.
• Unitus Community Credit Union: Portland-based Oregon credit union offering consumer banking, mortgages, and business services. Direct peer competing for similar Oregon households and small businesses with comparable community credit union value proposition.
• Northwest Community Credit Union: Eugene, Oregon-based community credit union providing consumer and business banking products to members across Oregon. Comparable size and operating model to OSCU, competing directly for Oregon households.

Regional players

• BECU (Boeing Employees Credit Union): Major Pacific Northwest credit union headquartered in Tukwila, WA with $13.5B+ in assets. While primarily serving Washington state, BECU competes for similar consumer banking relationships and is the source of OSCU's new CFO, representing a regional scale benchmark.
• First Tech Federal Credit Union: Pacific Northwest technology-industry credit union headquartered in Hillsboro, OR, serving employees of tech companies nationwide. Comparable consumer and business banking offerings with significant Oregon/Washington presence, though serving a distinct tech-employment membership base.

Broad incumbents

• WaFd Bank: Regional bank (formerly Washington Federal) headquartered in Seattle with branch presence across Oregon, Washington, Idaho, and other western states. Offers broader commercial banking, mortgage, and consumer products at greater scale than OSCU.
• U.S. Bank: Major national bank with significant Oregon branch presence and full-service consumer, business, and wealth management offerings. Sets the competitive benchmark on scale, product breadth, and digital capabilities against which OSCU differentiates as a community alternative.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/hashtag/oregonstatecreditunion
• LinkedInlinkedin.com/company/oregonstatecu
• Instagraminstagram.com/oregonstatecu
• Xx.com/oregonstatecu

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oregon State Credit Union