CBC Federal Credit Union is headquartered in Oxnard and is the 70th largest credit union in the state of California. It is also the 503rd largest credit union in the nation. It was established in 1952 and as of March of 2025, it had grown to 126 employees and 28,127 members at 4 locations. CBC Federal Credit Union has a B+ health rating.
CBC Federal Credit Union is open to all U.S. citizens/resident aliens through membership in the American Consumer Council. Individuals who live, work, worship, or attend school in Ventura County, California also qualify for membership, as do family members of an existing CBC Federal Credit Union members.
See current membership details
This credit union does not stand behind the commitments made by their employees. I was assured that I would receive the rate offered when I opened the account. They delayed processing the application but assured me (in writing in my file) they would honor it. The management did not. I would not trust them with my money.
Highly dubious. Immediately applied for an advertised CD rate and after a very long delay was told that for some unspecified reason my application had failed. I was told I could try again, but then of course (very conveniently for CBC Federal Credit Union) the advertised rate was no longer available and only significantly lower rates were. Sure seems to me and to everyone I've discussed this with like a classic bait and switch.
The CU requires you to enter an Online Application. Then they tell you that someone will call you back - which they don't. Then they take the rate away. The only saving grace is there is not a pending transaction. Avoid at all costs. They don't seem to be able to do anything timely.
Overall | |
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NCUA # | 7608 |
Year Chartered | 1952 |
Employees | 126 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | -0.77% |
Return on Equity - YTD | -13.4% |
Annual Interest Income | $9.1MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $885.5MM$861.1MM |
Loans | Q1 2025vs Q1 2024 | $696.4MM$680.9MM |
Deposits | Q1 2025vs Q1 2024 | $697.3MM$668.2MM |
Equity Capital | Q1 2025vs Q1 2024 | $50.5MM$50.7MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $4MM$4.2MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $3.1MM$2.1MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $2.1MM$0 |
Rates for CBC Federal Credit Union are currently being reviewed.
CBC Federal Credit Union Locations | ||
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Branch Office | 300 Arneill Rd | Camarillo, CA 93010 |
Branch Office | 2151 E Gonzales Rd | Oxnard, CA 93036-3704 |
Branch Office | 3636 Dean Dr | Ventura, CA 93003-3486 |
Branch Office | 1377 E Los Angeles Ave | Simi Valley, CA 93065 |