
We’ve come a long way.
When we first chartered in 1964 as Oregon Employees Federal Credit Union, our mission was to serve the state employees of Salem. We’ve grown from $40,000 in founding member assets to nearly $150 million today. We now serve over 9,000 members.
Here are some additional highlights:
- 1987: We moved to our current location on Winter Street.
- 2004: We opened our services to every person who lives, works, worships or attends school in Marion, Polk or Yamhill counties.
- 2013: We changed our name to Heritage Grove Federal Credit Union.
- 2023: We expanded our services to every person who lives, works, worships or attends school in Benton, Clackamas, Multnomah and Washington counties.
What’s in a name?
We chose the name Heritage Grove because the word “heritage” connects us with the early pioneers who settled here, forming the city of Salem that would eventually become the capital of Oregon. We also have a shared history of serving and working with state employees. The word “grove” signifies a group working and growing together, as well as a place to gather and prosper.
We also added the tagline, “Stand Tall” to the new name. It reflects our deep roots in the community and our ability to rise above all obstacles. Are you ready to stand tall?


What makes us tick?
Mission: Standing tall to deliver value and innovative financial solutions to our community, one member at a time.
Vision: Here for your journey, empowering you to turn your dreams into reality.
Our values are what we value.
Giving – providing support to the communities we serve
Reliable – we are here when you need us
Opportunity – we partner with our members to achieve success
Vision – envisioning a path to financial empowerment for all
Efficient – we are easy to do business with
