Featured Savings Rates
Featured Accounts

Chevron Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
2.10%5-year CD5-Year SuperShare 100 CD
1.35%1-year CD1-Year SuperShare 100 CD
1.60%2-year CD2-Year SuperShare 100 CD

Overview / Commentary
800-232-8101
500 12th St Ste 200
Oakland, CA 94607-4084

Chevron Federal Credit Union is headquartered in Oakland and is the 12th largest credit union in the state of California. It is also the 60th largest credit union in the nation. It was established in 1935 and as of December of 2016, it had grown to 242 employees and 107,198 members at 20 locations. Chevron Federal Credit Union's money market rates are 2X the national average, and it boasts an A+ health rating.

Field of Membership Restrictions

Membership in Chevron Federal Credit Union is open to anyone through membership in Contra Costa County Historical Society ($20 fee), Navy League of the United States ($50 annual membership fee). Membership is also open to employees and retirees of Chevron and its related companies or contractor groups. You can also join via a family or household member who is already a member of Chevron Federal Credit Union, or via affiliation with one of CFCU's select partners and non-profit associations. Membership is also open to those who live, work, worship, or attend school in, or business and other legal entities that are located in select areas of San Francisco or Maryland.
See current membership details

Related Posts

Chevron FCU (Easy Membership) Raises Certificate Rates - 11/18/2016

Chevron FCU (easy membership) has raised the rates on many of its CDs, with four tiered APYs, based on deposit levels ($500, $50k, $100k, and $250k).

View all posts from:


Reviews (4)

Legacy Member

I have been a member off and on since the 1980's. I have also been a member of Spectrum Credit Union a subsidary of Chevron FCU. The credit union is run by a board that is primarily made up of retired or current Chevron Corporation Employees. My take on the Chevron FCU can best be described as SAFE, boring, conservative, and old school. When it comes to deposit rates they are a step above many banks. Their highest paying savings account is for members under 21 and has maximum cap on the amount it is paid on. Their loans rates are below most lenders

Nothing Special

Posted by: calisaver | Apr 22, 2013

Account opening process was slow.  I started the process online and concluded it by mail.  Savings rates are average and loan rates are lower than most banks.  Credit cards are not a good deal as they are issued by a bank (Elan Services) and the same rates and terms can be obtained from any bank/credit union that uses Elan.  Online services are adequate and text banking is old fashioned.  Customer service is average.  No problems but nothing special either.

Real Estate Experience- The Bank That Gives You An Umbrella When It Is Sunny And Takes It Back When It Is Raining.

My husband worked for Chevron for 11 years. We had several loans with the Credit Union that we paid off for years and was in excellent standing, up until my husband and I lost our jobs with company's restructuring.

When the market crashed in 2009, we started to fall behind and they worked with us on restructuring out loan to make it more affordable. We owed $147,000.00 on a 15 year mortgage. They helped us by changing it to a 30 year. (more interest for them) we filled chapter 13. They refused a principle reduction. They proudly explain they do not participate in any programs that helps the homeowner, such as a principle reduction, or, a rate reduction 5% to a 3 % ? After 16 years, the only home my children knew, they finally foreclosed with their fancy lawyers. Now the home is on the market and with a new contract for $72,000.00. (Wow! that would have been more affordable for my family??) After 11 years of a great relationship meant nothing. Forever to be known to me as "The bank that gives you an umbrella when it is sunny and takes it back when it is raining.

Real Estate Loan Department -- Hidden And Unfair Fee

Posted by: HTX | Jun 24, 2012

Upon selling my property, I was charged a $750 early closure fee on a 2nd mortgage that I'd paid off over a year earlier.  This fee was not disclosed when I asked the Real Estate Loan Officer about any pre-payment or early payment fees upon signing the loan.  Despite having an email stating that there would be no such fees, Chevron Federal Credit Union management would not waive the fee. 

My experience with the credit union up until this point was 100% positive and I did everything I could to try and come to a fair resolution with management -- even offering to pay half the fee when I believed I should not have had to pay anything. Unfortunately, management was not willing to make the situation right and I therefore had to move my assets to a new institution and write this review.



Health
A+

Health Grade Components

Overall
NCUA #24326
Year Chartered1935
Employees242
Primary Regulator
Profit Margin
Return on Assets - YTD1.15%
Return on Equity - YTD10.41%
Annual Interest Income$94.5MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$3.03B$2.75B
LoansQ4 2016vs Q4 2015$2.45B$2.21B
DepositsQ4 2016vs Q4 2015$2.68B$2.44B
Equity CapitalQ4 2016vs Q4 2015$332.6MM$299.1MM
Loan Loss AllowanceQ4 2016vs Q4 2015$6.5MM$5.3MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$7.0MM$6.4MM
Real Estate OwnedQ4 2016vs Q4 2015$1.6MM$296.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Chevron Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
7.00%*$25*$1kMySavings
OTHER TIERS: 0.25% $1k+
1.00%*$250k*-MarketEdge HSA
OTHER TIERS: 0.25% Up to $2,500 | 0.90% $2,500 - $250k
0.25%$25-Primary Savings
0.25%$25-Accumulative IRA

Chevron Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*$250k*-MarketEdge Savings
OTHER TIERS: 0.25% Up to $2,500 | 0.90% $2,500 - $250k
1.00%*$250k*-MarketEdge IRA Savings
OTHER TIERS: 0.25% Up to $2,500 | 0.90% $2,500 - $250k

Chevron Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$500-Checking

Chevron Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.20%$250k-5-Year SuperShare 250 CD
2.10%$100k-5-Year SuperShare 100 CD
2.05%$50k-5-Year SuperShare 50 CD
2.00%$500-5-Year CD
1.95%$250k-4-Year SuperShare 250 CD
1.85%$100k-4-Year SuperShare 100 CD
1.85%$250k-3-Year SuperShare 250 CD
1.80%$50k-4-Year SuperShare 50 CD
1.75%$100k-3-Year SuperShare 100 CD
1.75%$500-4-Year CD
1.70%$50k-3-Year SuperShare 50 CD
1.70%$250k-2-Year SuperShare 250 CD
1.65%$500-3-Year CD
1.60%$100k-2-Year SuperShare 100 CD
1.55%$50k-2-Year SuperShare 50 CD
1.50%$500-2-Year CD
1.45%$250k-1-Year SuperShare 250 CD
1.35%$100k-1-Year SuperShare 100 CD
1.30%$50k-1-Year SuperShare 50 CD
1.25%$500-1 Year CD
1.00%$500-9 Month CD
0.95%$500-6 Month CD
0.90%$500-3 Month CD

Chevron Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.20%$250k-5-Year SuperShare 250 IRA
2.10%$100k-5-Year SuperShare 100 IRA
2.05%$50k-5-Year SuperShare 50 IRA
2.00%$500-5-Year IRA
1.95%$250k-4-Year SuperShare 250 IRA
1.85%$100k-4-Year SuperShare 100 IRA
1.85%$250k-3-Year SuperShare 250 IRA
1.80%$50k-4-Year SuperShare 50 IRA
1.75%$100k-3-Year SuperShare 100 IRA
1.75%$500-4-Year IRA
1.70%$50k-3-Year SuperShare 50 IRA
1.70%$250k-2-Year SuperShare 250 IRA
1.65%$500-3-Year IRA
1.60%$100k-2-Year SuperShare 100 IRA
1.55%$50k-2-Year SuperShare 50 IRA
1.50%$500-2-Year IRA
1.45%$250k-1-Year SuperShare 250 IRA
1.35%$100k-1-Year SuperShare 100 IRA
1.30%$50k-1-Year SuperShare 50 IRA
1.25%$500-1 Year IRA
1.00%$500-9 Month IRA
0.95%$500-6 Month IRA
Locations

Chevron Federal Credit Union has 20 locations. Click to view all Chevron Federal Credit Union locations.