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OceanAir Federal Credit Union has a rich history rooted in service, innovation, and community. Founded in March 1952 by a group of civilian employees working as civil engineers at the Construction Battalion Center (CBC) in Port Hueneme, California, we were established to meet the savings and borrowing needs of civil employees on base. After securing a Federal Credit Union charter, we officially opened in April 1952 with just $500 in assets.
Our first location was a humble World War II Quonset Hut, staffed entirely by volunteers and open only during lunch hours. Over the years, as our credit union grew, we expanded our membership to include active-duty military personnel and eventually up to 19 Select Employee Groups. In 1999, we broadened our field of membership to include anyone who lived, worked, attended school, or worshiped in Ventura County. By 2021, we extended our reach to serve communities throughout all of Southern California, while also creating an association that allows individuals nationwide to join.
In 2024, we embraced a bold new chapter with our rebrand to OceanAir Federal Credit Union. This new identity reflects our evolution and commitment to serving a broader community while honoring our roots. OceanAir embodies a spirit of openness, innovation, and accessibility, inviting everyone to experience our exceptional financial services.
As the only Certified Development Financial Institution (CDFI) in Ventura County and a proud Juntos Avanzamos-designated credit union, we are deeply committed to supporting underserved communities, promoting financial inclusion, and empowering members to achieve their financial goals.
Today, with assets exceeding $800 million, four branch locations across Ventura County, and a growing presence throughout Southern California, OceanAir offers a comprehensive suite of financial solutions. These include Home Loans, Lending, Wealth Management, Insurance Services, and Deposit products—all designed to empower our members and their financial futures.
From our humble beginnings to our forward-thinking vision, OceanAir remains dedicated to uplifting lives and strengthening communities, one member at a time.
OceanAir 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.
OceanAir 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.
OceanAir 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 is to inspire financial happiness one member at a time.
Empowering people along their financial journey through personalized and innovative service.
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