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909-986-4552
P.O. Box 700
Upland, CA 91785

Chaffey Federal Credit Union is headquartered in Upland and is the 145th largest credit union in the state of California. It is also the 1,420th largest credit union in the nation. It was established in 1964 and as of December of 2013, it had grown to 37 employees and 11,702 members. Chaffey Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to employees, family members and students of schools located in the Inland Empire and San Gabriel Valleys, as well as many companies. - See Details

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Reviews (2)

Awful Credit Union

This bank is absolutely horrible. They have horrible customer service! They constantly are finding ways to charge fees. It's awful. I've been with them for 2 years and I am finally getting out :( I always thought credit unions were suppose to be better than regular banks. Not in this case!

A Wonderful Credit Union!

Wow, to hear that Chaffey FCU has fees galore is amazing.  All financial institutions have fees, it’s a fact of life, however credit unions in general typical have less fees and fees that due exist are normally less than what banks charge.  For example, a returned check fee with Chaffey is only $25 were as Banks are now charging $35 or more.  Now for the person that gave a poor rating due to fees, were you responsible in handling your account?  If not then I could see why someone would complain!  Well what I know from personal experience w/ Chaffey is that they are very willing to work with their members and will even reverse or stop fees from recurring if you open the doors of communication. I have been w/ Chaffey for 10 plus years and I’m very satisfied with the service I have received.  

Here are a few services that Chaffey offers that are a wonderful thing:

1.     They give their members a 10 day grace period from the day your loan payment is due!

2.     There rates a way better than banks when it comes to Loans, CDs, Savings account and Money Markets!

3.     You do not have to have perfect credit in order to qualify for a loan!

4.     Fees in general are less than Banks!

 



 



Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
B+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Chaffey Federal Credit Union had $1.07 million in non-current loans and owned real-estate with $9.32 million in equity and loan loss allowances on hand to cover it. This gives Chaffey Federal Credit Union a Texas Ratio of 11.49% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Chaffey Federal Credit Union experienced no significant changes from 12.20% as of December 31, 2012 to 11.49% as of December 31, 2013, resulting in a positive change of 5.79%.This indicates that the balance sheet and financial strength for Chaffey Federal Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Chaffey Federal Credit Union has increased its total deposits by $4.81 million, resulting in 5.16% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Chaffey Federal Credit Union has shown is excellent.

Capitalization

GRADE:
C

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Chaffey Federal Credit Union has $107.25 million in assets with $9.32 million in equity, resulting in a capitalization level of 8.69%, which is average.

Institution Statistics

Overall
NCUA #16030
Year Chartered1964
Employees37
Primary Regulator
Assets and Liabilities
Assets$107.25 million
Loans$44.69 million
Deposits$97.98 million
Equity Capital$8.58 million
Loan Loss Allowance$742,000
Unbacked Noncurrent Loans$496,000
Real Estate Owned$575,000
Historic Data - December 2012
Assets$102.29 million
Equity Capital$8.21 million
Loan Loss Allowance$1.06 million
Unbacked Noncurrent Loans$496,000
Real Estate Owned$264,000
Profit Margin - Quarterly
Net Interest Margin5.04%
Return on Assets0.25%
Return on Equity3.14%
Interest Income$3.05 million
Rates
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Always verify rates and promotions with the bank or credit union. We are not Chaffey Federal Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Chaffey Federal Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%$5k-Regular Savings - W/ Platinum Member Relationship Rewards
0.15%$5k-Christmas Club - W/ Platinum Member Relationship Rewards
0.15%$5k-IRA Savings - W/ Platinum Member Relationship Rewards
0.15%$5k-Roth IRA Savings - W/ Platinum Member Relationship Rewards
0.15%$5k-CESA Savings - W/ Platinum Member Relationship Rewards

Chaffey Federal Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$10k-Money Market Checking - W/ Platinum Member Relationship Rewards

Chaffey Federal Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.19%$10k-5 Year Platinum Membership Rewards Certificate
1.14%$10k-5 Year Gold Membership Rewards Certificate
1.09%$10k-5 Year Standard/Advantage/Bronze Membership Rewards Certificate
1.09%$10k-5 Year Silver Membership Rewards Certificate
0.55%$10k-3 Year Platinum Membership Rewards Certificate
0.50%$10k-3 Year Gold Membership Rewards Certificate
0.45%$10k-3 Year Standard/Advantage/Bronze Membership Rewards Certificate
0.45%$10k-3 Year Silver Membership Rewards Certificate
0.45%$10k-2 Year Platinum Membership Rewards Certificate
0.40%$10k-2 Year Gold Membership Rewards Certificate
0.35%$10k-2 Year Standard/Advantage/Bronze Membership Rewards Certificate
0.35%$10k-2 Year Silver Membership Rewards Certificate
0.35%$10k-1 Year Platinum Membership Rewards Certificate
0.30%$10k-6 Month Platinum Membership Rewards Certificate
0.30%$10k-1 Year Gold Membership Rewards Certificate
0.25%$10k-1 Year Standard/Advantage/Bronze Membership Rewards Certificate
0.25%$10k-1 Year Silver Membership Rewards Certificate
0.25%$10k-6 Month Gold Membership Rewards Certificate
0.20%$10k-6 Month Standard/Advantage/Bronze Membership Rewards Certificate
0.20%$10k-6 Month Silver Membership Rewards Certificate

Chaffey Federal Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.19%$2k-5 Year IRA Platinum Membership Rewards Certificate (Traditional,Roth,CESA)
1.14%$2k-5 Year IRA Gold Membership Rewards Certificate (Traditional,Roth,CESA)
1.09%$2k-5 Year IRA Standard/Advantage/Bronze Membership Rewards Certificate (Traditional,Roth,CESA)
1.09%$2k-5 Year IRA Silver Membership Rewards Certificate (Traditional,Roth,CESA)
0.55%$2k-3 Year IRA Platinum Membership Rewards Certificate (Traditional,Roth,CESA)
0.50%$2k-3 Year IRA Gold Membership Rewards Certificate (Traditional,Roth,CESA)
0.45%$2k-3 Year IRA Standard/Advantage/Bronze Membership Rewards Certificate (Traditional,Roth,CESA)
0.45%$2k-3 Year IRA Silver Membership Rewards Certificate (Traditional,Roth,CESA)
0.45%$2k-2 Year IRA Platinum Membership Rewards Certificate (Traditional,Roth,CESA)
0.40%$2k-2 Year IRA Gold Membership Rewards Certificate (Traditional,Roth,CESA)
0.35%$2k-2 Year IRA Standard/Advantage/Bronze Membership Rewards Certificate (Traditional,Roth,CESA)
0.35%$2k-2 Year IRA Silver Membership Rewards Certificate (Traditional,Roth,CESA)
0.35%$2k-1 Year IRA Platinum Membership Rewards Certificate (Traditional,Roth,CESA)
0.30%$2k-1 Year IRA Gold Membership Rewards Certificate (Traditional,Roth,CESA)
0.25%$2k-1 Year IRA Standard/Advantage/Bronze Membership Rewards Certificate (Traditional,Roth,CESA)
0.25%$2k-1 Year IRA Silver Membership Rewards Certificate (Traditional,Roth,CESA)
Locations


Chaffey Federal Credit Union Locations
Branch Office9679 Baseline RdRancho Cucamonga, CA 91730
Branch Office1024 W Foothill BlvdUpland, CA 91786
Branch Office2333 S Azusa AveWest Covina, CA 91792