About CBC
Our Mission

Our Mission

Anticipate and provide for the life-long financial needs of our members today and tomorrow

Our Vision

CBC achieves the highest member loyalty and engagement in the communities we serve, by delivering an exceptional experience

Our Values

Make it Right.

CBC pledges to do the right thing for our credit union by providing the greatest benefit possible to our members and our community. We will conduct all business with the highest degree of integrity, safety, accuracy and honesty. We will hold each other accountable for our actions.

Make it Easy.

CBC pledges to provide easy financial solutions, convenient locations, efficient service and simplified processes. We will hire service motivated people who know how to exceed our members’ expectations.

Make it Personal.

CBC pledges to nurture deep, personal relationships with members, based on their individual needs and preferences. We strive to earn our members’ loyalty. We will respect each other by building a healthy, positive, fun and trusting team.

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 (CBC) 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.