Your Credit Score & More! October 14, 2023 Introducing– Your Credit Score & More! A OceanAir Federal Credit Union member exclusive! Credit Score provides you with all the resources you need to take control of your financial health. All CBC members will have access to Credit Score – built right into our easy-to-use online and mobile banking platform. Credit Score is FREE –... Continue Reading
Easy Money – Q4 2023 Newsletter October 2, 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. Dear Valued Members, As we embark on the third quarter of 2024, I want to take a moment to reflect on our recent accomplishments and share some exciting developments... Continue Reading
Personal Guide to Building Credit September 26, 2023 Understanding and building one’s credit score is critical, particularly for credit union members managing tight budgets. A robust credit profile is indispensable, affecting various aspects of life from securing loans to job applications. Whether starting afresh or rebuilding, there are proven strategies to enhance your score. Key Insights: Impact of Credit: A poor score can... Continue Reading
OceanAir Federal Credit Union Earns Best Places To Work for 2023 September 13, 2023 OceanAir Federal Credit Union has achieved a significant milestone by earning a coveted spot on Pacific Coast Business Times’ “Central Coast Best Places to Work for 2023.” This achievement stands as a testament to our team dedication in delivering easy and valuable financial services to benefit our members’ diverse needs. CBC’s primary objective is to... Continue Reading
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
