Rogue Credit Union announces new president
Rogue Credit Union’s Board of Directors announced its current president would take over as the organization’s president and chief executive officer later this year.
Effective April 1, Matt Stephenson will succeed Gene Pelham, who is retiring. Pelham’s decision will make more than 18 years of service with Rogue Credit Union and make Stephenson just the fifth president/CEO in Rogue’s 65-year history.
Stephenson, who has been with the credit union since 2004, has served in the executive vice president capacity for the last decade and president for a year (Pellam is acting CEO).
Rogue Credit Union officials cite Stephenson’s leadership in a number of projects, including purchase and assumption of Chetco Federal Credit Union, as at least one reason he will “continue to propel Rogue into the future.” Stephenson is also a lifelong credit union member.
“I have been blessed to work with an amazing team at Rogue for many years,” he said in a statement. “I am extremely honored and humbled to have been selected to lead Rogue in our continuous pursuit of providing our members with the personalized exceptional service they've come to expect.”
Pelham, who has over four decades of experience in financial services, saw many changes under his tenure with Rogue Credit Union. That includes growing membership from 39,400 members to over 183,000, totaling $3 billion in assets. Rogue also expanded from seven branch locations to a network of 27 locations.