History

CBC Federal Credit Union was established in March of 1952 by a small group of civilian employees working as civil engineers at the Construction Battalion Center in Port Hueneme, California, to serve the savings and borrowing needs of the civil employees on base. They applied for and received approval for a Federal Credit Union charter and opened for business in April 1952. At the time CBC opened its doors, it had assets totaling around $500.

The original location of CBC was an old World War II Quonset Hut, staffed by unpaid volunteers and open only during lunch hours. As the Credit Union expanded, it later broadened its field of membership to include active duty military personnel and eventually to as many as 19 different Select Employee Groups. CBC Federal Credit Union expanded its field of membership in 1999 to include anyone who worked, lived, attended school or worshiped in Ventura County.

Today, CBC Federal Credit Union has 6 branch locations throughout Ventura County with assets in excess of $450 million. The Credit Union offers a wide array of consumer lending and deposit products. In addition, CBC offers member insurance and annuities through its subsidiary Credit Union Service Organization, CBC Services Organization.

Mission

CBC delivers exceptional service, through convenient delivery channels, that help members achieve their financial goals.

Vision

CBC will be the financial services provider of choice to our field of membership by offering extremely competitive products and rates; meeting the financial needs of both current and new markets; and investing in the future growth of our membership.

Values

Make it Right, Make it Easy, and Make it Personal!