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Term Share Certificate Laddering

May 4, 2023

Laddering Certificates of Deposit (CDs) or Term Share Certificates that mature at progressively later dates is a popular investment strategy used by many individuals to balance risk and return. It involves investing in multiple Term Share Certificates with different maturity dates, ensuring that a portion of the investment becomes available for withdrawal at regular intervals....

A Message To Our Members

November 7, 2024

In the face of natural disasters or public emergencies, OceanAir Federal Credit Union stands by our members. To support those affected by the Camarillo Mountain Fire, we’ve compiled a list of relief resources, including emergency loans, to help you through this challenging period. RELIEF RESOURCE OPTIONS FOR OUR MEMBERS Emergency Loan Up to $2,500, 1-Year...

OceanAir – Celebrating our Rebrand with Members and our Team

August 16, 2024

We’re thrilled to share a wave of excitement with you all! Our credit union has embarked on a fresh journey with a new name that reflects our heritage and vision: OceanAir. As we release our celebratory video, join us in embracing the future of banking—where tradition meets innovation. Stay tuned, the celebration is just beginning!

What’s a verification code and why would someone ask me for it?

August 16, 2024

When you log into your bank or credit card account, you might get a text message or email with a verification code. You then enter it at the login screen to confirm it’s really you. That’s a form of two-factor authentication that adds a layer of security to your account — and keeps would-be scammers...

FHA Loan 101

May 15, 2024

An FHA loan is a mortgage program issued by private mortgage lenders and insured by the Federal Housing Administration (FHA), which is overseen by the U.S. Department of Housing and Urban Development (HUD). These loans offer several advantages, including: Low Down Payment: FHA loans typically require a down payment as low as 3.5% of the purchase price....

From Service to Home Sweet Home: VA Loans In Depth

May 3, 2024

A VA loan is a government-backed mortgage option available to Veterans, service members, and surviving spouses. These loans are made by lenders, such as mortgage companies, credit unions, and banks, but are backed by the United States Department of Veterans Affairs (VA). Here are some key points about VA loans: No Down Payment Requirement: The...

Get Savvy With Your Credit Score!

April 9, 2024

When it comes to credit scores, there is always potential room for improvement. If you’ve recently reviewed your credit score and aren’t satisfied with the result. There are several effective strategies to help you boost it. Credit scores, serve as numerical representations of an individual's creditworthiness, are shaped by various factors. To comprehend the elements...

File Your Taxes Using Epic Perks!

March 13, 2024

Attention Epic Premium Checking Account holders! We're excited to announce a new perk: you can now conveniently file your taxes directly through your Epic Perks App! Teaming up with FileYourTaxes.Com, an IRS-approved e-filing service, that offers a secure and streamlined platform for tax filing. Here's what you can expect: Fast, easy, and secure online filing...

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