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909-986-4552
1024 W Foothill Blvd
Upland, CA 91786

Chaffey Federal Credit Union is headquartered in Upland and is the 143rd largest credit union in the state of California. It is also the 1,405th largest credit union in the nation. It was established in 1964 and as of March of 2014, it had grown to 35 employees and 11,633 members. Chaffey Federal Credit Union has a A 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 Q1 2014

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Chaffey Federal Credit Union had $124,000 in non-current loans and owned real-estate with $9.42 million in equity and loan loss allowances on hand to cover it. This gives Chaffey Federal Credit Union a Texas Ratio of 1.32% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Chaffey Federal Credit Union decreased dramatically from 10.81% as of March 31, 2013 to 1.32% as of March 31, 2014, resulting in a positive change of 87.83%.This indicates that the balance sheet and financial strength for Chaffey Federal Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
A

In the past year, Chaffey Federal Credit Union has increased its total deposits by $4.65 million, resulting in 4.81% 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 $111.91 million in assets with $9.42 million in equity, resulting in a capitalization level of 8.42%, which is average.

Institution Statistics

Overall
NCUA #16030
Year Chartered1964
Employees35
Primary Regulator
Assets and Liabilities
Assets$111.91 million
Loans$43.44 million
Deposits$101.44 million
Equity Capital$8.69 million
Loan Loss Allowance$733,000
Unbacked Noncurrent Loans$124,000
Real Estate Owned$0
Historic Data - March 2013
Assets$106.08 million
Equity Capital$8.24 million
Loan Loss Allowance$910,000
Unbacked Noncurrent Loans$124,000
Real Estate Owned$614,000
Profit Margin - Quarterly
Return on Assets0.4%
Return on Equity5.16%
Interest Income$748,000
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
1.14%$2k-5 Year IRA Gold Membership Rewards Certificate
1.09%$2k-5 Year IRA Standard/Advantage/Bronze Membership Rewards Certificate
1.09%$2k-5 Year IRA Silver Membership Rewards Certificate
0.55%$2k-3 Year IRA Platinum Membership Rewards Certificate
0.50%$2k-3 Year IRA Gold Membership Rewards Certificate
0.45%$2k-3 Year IRA Standard/Advantage/Bronze Membership Rewards Certificate
0.45%$2k-3 Year IRA Silver Membership Rewards Certificate
0.45%$2k-2 Year IRA Platinum Membership Rewards Certificate
0.40%$2k-2 Year IRA Gold Membership Rewards Certificate
0.35%$2k-2 Year IRA Standard/Advantage/Bronze Membership Rewards Certificate
0.35%$2k-2 Year IRA Silver Membership Rewards Certificate
0.35%$2k-1 Year IRA Platinum Membership Rewards Certificate
0.30%$2k-1 Year IRA Gold Membership Rewards Certificate
0.25%$2k-1 Year IRA Standard/Advantage/Bronze Membership Rewards Certificate
0.25%$2k-1 Year IRA Silver Membership Rewards Certificate
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