What are Member Merits?

A credit union is a not-for-profit financial cooperative. It’s a community of borrowers and savers working together to achieve their goals. The more the members participate in the cooperative, the healthier the cooperative grows and the better it is for each member.

When you joined Oregon State Credit Union, you may remember someone talking to you about something called Member Merits. Member Merits are how we give back to our members who actively support the credit union. Here’s how it works:

All Oregon State Credit Union members are automatically part of the Member Merits program. There are three levels to the program: Essential, Enhanced and Premier. The more accounts you have and the greater your balances, the more merits you receive.

Any Oregon State Credit Union loan or deposit account counts towards your Member Merits. This includes savings, checking, money markets, CDs, auto loans, credit cards, signature loans, mortgages, home equity loans and more. Your Member Merits category is calculated monthly and indicated in the Current Member Benefits section at the top of your statement or estatement. Depending on the number of accounts you have with us, you could get discounts on loan rates, bonuses on CD rates, rebates on mortgage loan closing costs, waived monthly fees, free services and more.

To learn how you can get the most benefit from your Oregon State Credit Union membership, call 800-732-0173 or drop by your local branch.


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