6 Tips to Perfecting a Rainy Day Fund August 24, 2023 On the journey to building personal wealth, everyone is bound to encounter unforeseen obstacles. It is essential to anticipate the unexpected. Whether you are confronted with an abrupt medical cost, a car malfunction, or a sudden job displacement, possessing a financial safety net can offer peace of mind during these moments. This is precisely where... Continue Reading
Easy Money – Q3 2023 Newsletter July 13, 2023 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. I hope this message finds you in good health and high spirits. As we enter the third quarter of the year, I wanted to take a moment to extend... Continue Reading
OceanAir Federal Credit Union Announces Partnership with Two Local Nonprofits to Offer 0% Interest Loans to Employees June 29, 2023 Denver-based nonprofit, The Community Impact Fund, will administer the loans. OXNARD, CA (June 29, 2023) — Yesterday, OceanAir Federal Credit Union (CBC) announced partnerships with Boys & Girls Clubs of Greater Oxnard and Port Hueneme and Big Brothers Big Sisters of Ventura County to offer interest-free loans to employees of the nonprofits through The Community... Continue Reading
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
We Have Received a Grant from the CDFI Equitable Recovery Program! April 19, 2023 What is CDFI, what does it mean for CBC, the community, and our members? CDFI stands for Community Development Financial Institutions, and assistance is given to help financial institutions empower their community. The CDFI Equitable Recovery Program has 1) provided funding to CDFIs to expand lending, grant making and investment activities in low- or moderate-income... Continue Reading
Easy Money – 2023 Q2 Newsletter March 29, 2023 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. We are proud to report that we had another strong quarter, and we would like to thank you for your loyalty as it was because of our members that... Continue Reading
Online Banking Menu Changes January 26, 2023 Dear Online Banking Users, In an effort to make it easier to navigate CBC's online banking website, we have simplified some of the menu options. The changes you can expect are as follows: If you would like to add a deposit account to your existing CBC account, The option is here: To Apply for a... Continue Reading
Easy Money – Q1 2023 Newsletter December 30, 2022 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. We are excited to, once again, offer our financial products and services in the East part of Ventura County with a new Simi Valley location which opened on Wednesday,... Continue Reading
Come see us in Simi Valley! December 14, 2022 We are excited to announce the opening of a new CBC branch in Simi Valley! Come visit us, we are looking forward to seeing you there! We are located at: 1377 E. Los Angeles AvenueSimi Valley, CA 93065 Some things to look forward to: Dunkin' Donuts Get the award-winning service from CBC all while enjoying... Continue Reading
