News

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...

Core Steps to Supercharge Your Savings

February 8, 2024

At OceanAir Federal Credit Union, we're more than just a financial institution; we're your partner in building a secure financial future. Understanding the importance of saving and effectively managing your finances is key to achieving financial freedom. Here are essential steps to help our members save more and start their journey toward financial independence. 1....

Unlock Financial Confidence: Navigate Your Path with OceanAir Federal Credit Union’s Credit Simulator

November 22, 2023

In the dynamic landscape of personal finance, understanding and managing your credit score is a key component of financial success. Your credit score is a numerical reflection of your financial habits and plays a crucial role in major life decisions, such as purchasing a car or home. At OceanAir Federal Credit Union, we recognize the...