Latest Entry 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.... Continue Reading
Mountain Fire Support- Fundraising Extended Through April 30, 2025 April 1, 2025 Together We're Making an Impact! We would like to convey the extension of our fundraising campaign through the Pennies with a Purpose platform. The campaign will now run until April 30th, giving you more time to contribute to these vital causes. Your generous support will continue to aid the Mountain Fire Relief efforts through the Ventura County Community Foundation's Wildfire Relief... Continue Reading
Important Security Alert: Beware of Fraudulent Activities March 28, 2025 An important message from the OceanAir Risk Management Team Dear Valued Members, We hope this message finds you well. We are writing to inform you of a recent increase in fraudulent activities targeting our members. Fraudsters are spoofing OceanAir Credit Union phone numbers, impersonating our employees, and sending emails that appear to be from our... Continue Reading
How OceanAir Helped Ricardo’s Dream Come True. March 3, 2025 We're happy to share a heartwarming story about Ricardo, a passionate local catering business owner, who dreamed of expanding his business with a new catering truck. With our support, Ricardo secured the loan he needed to turn his vision into reality. Ricardo's journey is a testament to the power of perseverance and community support. His... Continue Reading
OceanAir Selects Spiral to Empower Financial Wellness and Community Impact Through Everyday Banking January 8, 2025 OceanAir chooses Spiral to empower its members to effortlessly grow their savings and community impact through personalized banking experiences. NEW YORK--(BUSINESS WIRE)--Spiral, the award-winning personalized banking platform, today announced a partnership with OceanAir (formerly CBC FCU), a leading California-based credit union whose mission is to inspire financial happiness one member at a time. This partnership will enable... Continue Reading
Navigating Financial Milestones with Your Teen: A Guide for Parents December 28, 2024 As parents, watching your children grow into young adults is both exciting and challenging. One of the most important lessons you can impart is financial literacy. At OceanAir Federal Credit Union, we understand the significance of preparing your teens for financial independence. Here are some tips to help you guide your coming-of-age children through their... Continue Reading
Mortgage Insurance: Your Quick Guide To Different Types And Cost November 25, 2024 It’s important to understand the costs you’ll be responsible for when you buy a home with a mortgage loan. One of those expenses might be mortgage insurance. We’ll walk you through the different types of mortgage insurance, how it works, how long you’ll have to pay it, the approximate costs and whether you can avoid... Continue Reading
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... Continue Reading
Easy Money – Q4 2024 October 1, 2024 Welcome to CBC's e-Newsletter! Get the latest news about what's going on in and around OceanAir Federal Credit Union. Letter from our president and CEO, Rick Weber. Dear Valued OceanAir Members , As we step into the final quarter of the year, I want to take a moment to reflect on our journey and share my... Continue Reading
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! Continue Reading
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... Continue Reading