About CBC Our 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. In 2021, CBC further expanded its field of membership to include anyone who participates in associations headquartered in Ventura County. Today, CBC Federal Credit Union has 3 branch locations throughout Ventura County with assets in excess of $600 million. The Credit Union offers a wide array of Home Loans, Lending, Wealth Management, and Deposit products. 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. Our Vision Our Vision is to inspire financial happiness one member at a time. Our Mission Empowering people along their financial journey through personalized and innovative service.