News & Events
- Veterans Day (Monday, November 12)
Effective July 1, 2018, all mobile check deposits will be required to have a restrictive endorsement. You are required to include all of the following in your endorsement:
- Your signature
- The words "For Mobile Deposit Only"
- Oregonians Credit Union
- Your account number
The endorsement restriction is being implemented by financial institutions due to a change in regulations. This regulation update was made in order to limit the instances of duplicate check presentments involving mobile deposit.
Before making your mobile check deposit, be sure that your endorsement is complete. If your endorsement does not follow the example, your deposit will be rejected you will receive a rejection email.
After 37 years with OCU Chuck Garner, CEO retired on May 1st. Sam Launius has been named the new CEO.
When Oregonians Credit Union was formed in 2005, the 3 CEOs of the merged credit unions were retained by the OCU Board. The plan was to have an enviable management succession plan covering the future.
The first CEO after the merger was Mike Cline who was the CEO of the former Oregon Central Credit Union. Chuck Garner, the CEO of the former Oregonian Federal Credit Union succeeded Mike in early 2008. Chuck had served as the CEO of Oregonian FCU since 1981. Prior experience included two other credit unions and he served as a branch manager for a national consumer finance company for almost 7 years before joining credit unions. Chuck’s total years in consumer finance was just shy of 45 years!
Before the formation of OCU, Sam Launius was the CEO of the former Mountain View Federal Credit Union, a position he held for more than 12 years. Since the merger over 12 years ago Sam has served as VP of Operations where he was instrumental in helping to make the merger a success, and since 2008, the position of EVP. He has accumulated over 30 years in financial service positions.
Chuck Garner summed up Sam’s career: “Sam is well positioned to be Oregonians’ CEO. He has served in many capacities during his career both here at OCU and in past positions. He is well aware of OCU’s Board plans and goals for serving the membership, volunteers and staff and the issues that face the industry, and has proven he is capable to take the next step.”
We thank Chuck for his leadership over the years and wish him the best in retirement!