Credit union
Oregon State Credit Union
Corvallis, Oregon, Benton County, OR
$2.8B in total assets and 160,932 members, the 183rd largest of 4,298 US credit unions and 6th of 47 headquartered in Oregon.
- NCUA charter
- 68656
- Charter
- State chartered (OR)
- Chartered
- 1954
- NCUA insured since
- 1971
- Low-income designation
- Yes
- Website
- http://www.oregonstatecu.com
Earlier filings under O.S.U. Federal Credit Union (charter 9436), before a charter conversion, are included in the history below.
At a glance
Compared with 8 federally insured credit unions in Oregon with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $2.8B | 38% | $3.1B | |
| Loans | $2.0B | 50% | $2.1B | |
| Deposits (shares) | $2.4B | 38% | $2.8B | |
| Members | 160,932 | 50% | 164,086 | |
| Return on assets | 1.35% | 75% | 0.97% | |
| Net interest income to assets | 3.68% | 38% | 3.86% | |
| Efficiency ratio | 60.7% | 12% | 71.7% | |
| Net worth ratio | 11.75% | 62% | 10.79% | |
| Loans to shares | 85% | 75% | 80% | |
| Cost of deposits | 1.65% | 75% | 1.58% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 10.3% a year over 10 years and 7.3% a year over the last 5, including 1 merger in the last 10 years. Membership grew 4.4% a year over 5 years, to 160,932.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| Jun 2018 | Pacific Spruce Federal Credit Union Credit union, Toledo, OR | $3M |
Where they operate
16 branches in 7 counties.
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Benton County, OR | 5 | 17.9% | 1 of 14 |
| Polk County, OR | 3 | 18.8% | 1 of 10 |
| Lincoln County, OR | 2 | 8.0% | 5 of 11 |
| Linn County, OR | 2 | 6.2% | 6 of 16 |
| Marion County, OR | 2 | 2.7% | 8 of 26 |
| Washington County, OR | 1 | 0.7% | 16 of 34 |
| Yamhill County, OR | 1 | 4.2% | 8 of 12 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2016 | 13 | |
| 2017 | 14 | +1 |
| 2018 | 14 | 0 |
| 2019 | 15 | +1 |
| 2020 | 15 | 0 |
| 2021 | 15 | 0 |
| 2022 | 15 | 0 |
| 2023 | 15 | 0 |
| 2024 | 15 | 0 |
| 2025 | 16 | +1 |
| Jun 2026 | 16 | 0 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 0.58% | 0.96% |
| Net worth ratio | 11.75% | 10.79% |
| Loans to shares | 85% | 80% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in Oregon
Most branches in Benton County, OR
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.