About Us

Who we are

Oregon State Credit Union is a state-chartered credit union. Since 1954 the credit union has been a member-owned, not-for-profit financial institution. Earnings are returned to members in the form of competitive financial offerings, more service and convenience. We exist for the benefit of our member-owners, and not to profit from them. That’s what makes us different from banks and how we’re able to create financial solutions that make lives better.

See our annual report here.

Our history

In 1954, Bob Coyle, an Associate Professor of Agriculture at then Oregon State College (now Oregon State University), founded the credit union to serve the unmet financial needs of faculty. With an initial $25 start-up fund kept in a shoe-box, he originally ran the credit union from his desk in Snell Hall (now Ballard Extension Hall). In those early days, when a member needed a loan, Mr. Coyle went from member to member, shoebox in hand, to pull together the necessary deposits to cover the request.

Mr. Coyle put together an official charter and a board of directors comprising members who volunteered their time and shared his passion for the credit union philosophy. Through careful, conservative management, the credit union grew year by year in capital strength, services and field of membership.

By 1960 the Credit Union had reached its first $1 million in deposits and Mr. Coyle became its first paid manager. The following year the first off-campus branch was opened in Corvallis, Oregon at 1605 N.W. Monroe.

Gone are the days when members had to be affiliated with Oregon State University. Today, Oregon State Credit Union is a thriving financial cooperative able to help even more communities. Yes, we’ve grown, but the relationship between savers and borrowers still keeps us strong, as it did in those early shoebox days.

Our guiding principles

Vision – Creating financial solutions to make lives better
Mission – Providing security, service and solutions
Values – Member focus, integrity, passion, education, cooperative spirit, social responsibility

The credit union difference

While both credit unions and banks offer similar products and services (checking, credit cards, mortgages, etc.), it is important to understand how credit unions are unique and different, and why we remain a necessary and extremely popular financial alternative for millions of Americans.

Not-for-profit – Credit unions are not-for-profit financial cooperatives. We exist to serve our members, not to deliver a profit to stockholders. Unlike other financial institutions, credit unions do not issue stock or pay dividends to outside stockholders. Instead, earnings are returned to members in the form of competitive financial offerings, more service and convenience.
Taxation – Credit unions do pay taxes – payroll taxes, sales taxes and property taxes. Congress exempts credit unions from federal income taxes. The exemption was established in 1937, affirmed by statute in 1951, and re-affirmed in 1998.
Ownership – Credit unions are an economic democracy. Each credit union member has equal ownership — regardless of how much money a member has on deposit. At a credit union, all members are owners.
Board of directors – Each credit union is governed by a board of directors, elected by and from the credit union’s membership.
Membership eligibility – By current statute, credit unions cannot serve the general public. Individuals and businesses/organizations qualify for a credit union membership through their employer, organizational affiliations like religious groups, or community.
Financial education for members – Credit Unions educate their members, helping them become better consumers of financial services.
Social purpose: people helping people – Credit unions exist to serve their members’ financial needs, not provide a profit to third party investors. They know their credit union will be there for them in bad times, as well as good. The same people-first philosophy is at the heart of why credit unions and our employees get involved in the local community through charitable and other worthwhile causes.

From Credit Union National Association

Are you eligible for membership?

  • As a state-chartered financial cooperative, Oregon State Credit Union’s full selection of services are available to anyone who lives or works in 24 western and central Oregon counties.
  • Our 24 county membership includes: 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.
  • Always a member. Even if you move to another state, you can keep all your accounts and continue enjoying the benefits of your Oregon State Credit Union membership.

Become a member

Why you should join Oregon State Credit Union

When you compare us to the big banks, the clear difference is in the personalized service you’ll receive – because we’re not-for-profit and working for your financial well-being. Click here to learn more.

Joining is easy

  • Pay a one-time $10 membership fee
  • Deposit $5 into a Basic Savings account. This minimum balance represents your share of the credit union.
  • Open an account or get a loan

Oregon State Credit Union in your community

Our dedication to service goes well beyond financial products and services. As a financial cooperative we take to heart the credit union principle, “Not for profit, not for charity, but for service.” We believe it’s our duty to be a good corporate citizen and actively give back to the many counties we serve in our field of membership.

Oregon State Credit Union gives back

  • Contributed more than $161,000 back into the community including 141 schools, charities and non-profit organizations.
  • Through a series of matched donations, the Oregon State Credit Union team sent $34,000 to the Children’s Miracle Network facilities at Doernbecher in Portland and Sacred Heart in Eugene.
  • Joined other credit unions in the annual Credit Unions for Kids programs that have collectively contributed millions of dollars to benefit the Children’s Miracle Network and several children’s hospitals.
  • Through an internal staff campaign, donated more than $15,000 to local United Way charities within our field of membership.
  • Volunteered more than 10,130 hours of staff personal and professional time to nearly 230 organizations.
  • Within our 2015 philanthropic giving, dedicated more than $37,500 in scholarships, which includes our Tomorrow’s Leaders Today (TLT) Scholarship program, all designed to make higher education more accessible.
  • Provided an additional $15,000 in 51 education grants to local teachers positively impacting the education of more than 6,850 youth.
  • Our award-winning Community Education program reached 10,762 individuals, more than 8,000 of them youth, benefitting from 714 financial education presentations during the 2015 calendar year.
  • Teamed with local law enforcement agencies to conduct three free community shred day that benefitted our communities with the destruction of 20 tons of sensitive documents saving the environment and protecting the public from identity theft.
  • Provided financial services tailored to community needs and customized to help low-to-moderate income families achieve their dreams.

Get our annual report here.

Click here for a list of financially supported organizations.

Click here for a list of organizations we volunteer for.

Oregon State Credit Union is committed to education

Scholarships, and classroom grants

Program and seminars

Everyone benefits from understanding financial basics. We offer free programs and seminars to help people to gain financial knowledge, and—most importantly—establish good habits for wise spending and saving.

Oregon State Credit Union in the news

We have a variety of resources available for the press and media. If you have any questions, please contact Mike Corwin. For transactions and other non-media related questions, please contact our Member Service Center at 800-732-0173.

News releases
Oregon State Credit Union ads
Member stories

Media contact:

Mike Corwin
AVP Business Development and Public Relations
541-714-4286 Office

Oregon State Credit Union career opportunities

Find more than a job when you start or expand your career in financial services with Oregon State Credit Union, one of the most respected credit unions in the Northwest.

Meet staff at Oregon State Credit Union

Get to know us through our employee videos which explain how our staff live credit union values each day.

Why work at Oregon State Credit Union?

You’ll enjoy the dynamic, supportive culture at Oregon State Credit Union, where we value member service and commitment, teamwork, and respect for others. We’re always on the lookout for enthusiastic individuals who possess a high degree of professionalism along with computer, cash handling and interpersonal skills. Bilingual skills are a plus.

Oregon State Credit Union comprehensive benefits

For eligible employees a full range of benefits is available, including:

  • 401(k) retirement plan with an amazingly generous credit union match and discretionary contribution.
  • Competitive wages and paid time off (PTO), merit increases, incentive bonuses.
  • Medical, vision, dental coverage
  • Life and disability insurance
  • Plus: Premier membership perks, tax-saving flexible spending plans, employee assistance program, company wear, wellness and recognition programs, zero percent computer and medical loans, opportunities for advancement and ongoing training.

Oregon State Credit Union culture

At Oregon State Credit Union, our people are exceptional. And it all starts with our culture, which includes motivation, passion, self confidence, accountability and more. If you look at the list below and can see yourself working here, we’d like to hear from you.

  • Passionate about service to others
  • Committed to acting with integrity
  • Self-confident and demonstrate initiative
  • Highly accountable for your actions
  • An individual as well as team contributor
  • Known for your collaborative nature and cooperative spirit
  • Enthusiastic about change
  • Respectful of others
  • Action-oriented
  • Solution-focused
  • Inspired by shared goals
  • Prepared to communicate professionalism through appearance

Oregon State Credit Union is an equal opportunity employer

All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of gender, race/ethnicity, protected veterans status, disability or other protected group status.

Oregon State Credit Union job opportunities

Investing in the future: a new Operations Center in southwest Corvallis

Oregon State Credit Union has broken ground on a new LEED-certified Operations Center further establishing a commitment to headquarter the credit union in Corvallis for decades to come. The construction at the corner of Research Way and Technology Loop in southwest Corvallis will include a third Corvallis branch, a community room, administration and back office operations.

Tip – Refresh your screen for current updates.

Oregon State Credit Union Operations Center (Corvallis, OR)

OxBlue Construction Cameras

Looking good! Posted on July 15, 2016

Fence is removed from Sunset branch construction site

We’re in the home stretch on construction of our new Operations Center at 4800 SW Research Way in southwest Corvallis. The fence has come down, the signs are going up, and everywhere you look workers are applying the finishing touches.

Down to the finishing touches Posted on June 30, 2016

Landscaping brings finished look to exterior

Taking advantage of the recent nice weather, landscaping crews have been planting flowers and shrubs and laying sod around the new Sunset branch and Operations Center. Work continues on the interior where they’re installing furniture, painting walls and adding finishing touches. The new building is being constructed on the corner of Research Way and Technology Loop in southwest Corvallis.

Things are looking up Posted on June 10, 2016

Operations Center enters final phase of construction

Crews work to install one of the two elevators that will be in the Operations Center at the corner of Research Way and Technology Loop in southwest Corvallis. Work has begun on the landscaping, furniture is being installed, and the final coats of paint are going on.

By the numbers Posted on May 26, 2016

What does it take to build an Operations Center?

It takes:

  • 992 individual pieces of glass
  • 1,680 porcelain floor tiles
  • 2,720 porcelain wall tiles
  • 2,950 vinyl tiles
  • 8,800 feet of rubber and millwork base
  • 10,670 carpet tiles

Crews focus on completing Sunset branch Posted on May 12, 2016

New branch will be third in Corvallis

Construction is entering its final months on the new Operations Center in southwest Corvallis to include a third Corvallis branch to serve our membership. This will be called the Sunset branch, and will join our two existing Corvallis branches – on 25th Street just off the OSU campus and at 1980 NW Ninth Street. The Sunset branch will include an ATM, night depository and safe deposit boxes.

The finish is in sight at Operations Center Posted on April 28, 2016

Crews begin work on final details

Most of the major systems have been completed or are nearing completion on the Operations Center being constructed in southwest Corvallis. The sidewalks are being poured, furniture installed, doors hung, drywall finished and flooring completed. We’re down to the final finishing work: exterior lighting, signage, elevators, landscaping and public art, among other details.

The photo shows the entry tower on the south wing nearing completion.

Crews apply finishing touches to Operations Center Posted on March 31, 2016

Walls, floors and more define interior space

Much of the work at the new Operations Center in southwest Corvallis has shifted to the interior. Among the activities are dry walling, installing electrical systems, installing furniture and cabinetry, laying carpet, setting tile and painting.

Operations Center takes on personality as exterior nears completion Posted on March 17, 2016

Interior begins to take final shape

You can see what the final building will look like now that all of the exterior framing, masonry and weather protection is finished on the new Operations Center. Crews have made good progress on the interior of the building, as well. Most of the interior framing is complete, and workers have moved on to installing the drywall and ceiling grid systems, and finishing the mechanical and plumbing systems.

Operations Center enclosed in brick and glass Posted on January 22, 2016

Final appearance emerges as exterior finishes are applied

The Operations Center has nearly reached dry-in status, meaning the exterior has been completed sufficiently to keep out the weather. Much of the exterior brick work is finished, and 75 percent of the curtain walls (those big glass windows) are installed. Most of the roof is on, as well as the rough-ins for HVAC, plumbing and electrical. Once the interior is protected from the weather, crews will begin to install insulation and drywall.

Rooftop HVAC units get a lift into place Posted on December 16, 2015

Crews install rooftop equipment at Operations Center

Crews used a crane to lift two HVAC units to the top of the three-story Operations Center. Each unit weighed more than 10,000 pounds, and measured 25 feet long by 8 feet tall and 8 feet wide.

Building hums with activity as crews work on interior and exterior Posted on November 23, 2015

Crews make progress on multiple fronts

Masons are working their way around the façade installing brickwork as an outline emerges of the building’s final exterior. Crews have been hard at work installing HVAC ductwork throughout the building, concrete has been poured on all three floors, and work has begun on the roofing system. They’ve also installed curtain wall frames on one side of the courtyard and sprinkler pipes for fire suppression throughout the building.

Stairwells, floors, sprinklers and bricks Posted on November 6, 2015

Work progresses as long as the weather holds

Crews have made progress on multiple fronts this week. Masons have begun applying brick to the south stairwell. Mechanical, electrical and plumbing work continues on the south building. Concrete has been poured for the floors on all three levels. Steel is being installed on the main stairwell, and stairwells 1 and 2 are being installed. The sprinkler is almost complete in both sections of the building.

Prep begins for masonry Posted on October 23, 2015

Prep begins for masonry

Crews have been working on the stairwells, preparing them for the addition of the masonry. Concrete has been poured for the floors, and the sidewalks are complete.

Steel stud framing begins to outline interior shape Posted on October 8, 2015

Steel stud framing begins to outline interior shape

The final shape of the interior walls is emerging as steel stud framing of the interior and exterior walls progresses. Canopy columns frame the main entrance. Pan decking is in place on the second floor of the north building in preparation for the concrete which will be poured before the month is out. HVAC and ductwork is nearly complete on the first and second floors. On the ground, the first lift of asphalt is down, and the curbing is in place.

Progress made on welding, duct work and asphalt Posted on September 24, 2015

Progress made on welding, duct work and asphalt

Work continues on the structural steelwork even as the HVAC ductwork goes in on the first and second floors. About 90 percent of the asphalt base lift on the parking lot is complete, and curbing is taking shape.

Steel beams outline final shape of building Posted on September 4, 2015

Steel beams outline final shape of building

As more steel beams go up, the final shape of the Operations Center is emerging. When complete, the three-story building will be able to accommodate approximately 220 employees within its 62,000 square feet. The building will include a 2,900 square foot branch with a night depository, 24-hour walk-up ATM, and safe deposit boxes.

Steel and concrete fortify Operations Center Posted on August 24, 2015

A crane lifts a steel beam into place at the new Operations Center last week. It will take 600 tons of steel and 700 yards of concrete to complete the structure.

Operations Center built to resist earthquake Posted on August 5, 2015

The three-story Operations Center is being built to withstand earthquake, as Mike explains in this short video.

Operation Center construction continues despite blistering heat Posted on July 31, 2015

Triple-digit temperatures are not enough to stop work on this cool building. One lucky construction worker was in the heat high above and putting the finishing touches on building framing

Operations Center steel work continues Posted on July 15, 2015

Fair weather suits the ongoing steel work at Oregon State Credit Union’s new Operations Center in Corvallis.

Cement is poured and the beams are a rising Posted on July 6, 2015

It’s up, up and away as the men of steel go to work on the structure of the Operations Center which is starting to take shape. The ground was leveled, the cement was poured, and today we are putting in the support columns

New Oregon State Credit Union Corvallis Operations Center Posted on April 13, 2015

Oregon State Credit Union has broken ground for a new LEED-certified operations center building to include a third Corvallis branch, administrative offices, back office operations and a community room. It will be located at the corner of Research Way and Technology Loop in southwest Corvallis. The project is slated for a tentative June, 2016 completion.


Oregon State Credit Union ©2016 Oregon State Credit Union

  • PO Box 306
  • Corvallis, OR 97339
  • Phone: 800-732-0173

Routing number : 323274270