CBC Federal Credit Union :

CBC Federal Credit Union was chartered in 1952 and its charter number is 7608. CBC Federal Credit Union's address registered with the NCUA is P. O. BOX 43241 PORT HUENEME, CA 93044. As of 07/24/06, CBC FCU reported $292,812,136 in assets. The credit union currently has 21,673 members. It's Manager/CEO is Ray E. Ewin. The credit unions website is www.cbcfcu.org

CBC Federal Credit Union is a member of the California Credit Union League.

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CBC Credit Union Financial Evaluation
As of December 31, 2006
Total Assets: $277,449,188
Total Loans: $150,310,551
Net Worth Ratio: 9.9
% Share Growth: -7.4
% Loan Growth: 3.37
Loans/Assets Ratio: 54.17
Investment/Assets Ratio: 40.87
Number of Members: 21,199
Number of Full-time Employees: 77

 In the year of 2006, CBC Credit Union assets decreased by 0.06% and its membership decreased by 0.03%. CBC CU's membership decreased by a total of 566 members. Assets decreased by the amount of $17,236,821. The total loan amounts went from $145,396,561 in 2005 to $150,310,551 in 2006. Their net worth ratio increased to 9.9. CBC CU increased their job opportunities to 77 by adding 4 employees.

As of December 31, 2005
Total Assets: $294,686,009
Total Loans: $145,396,561
Net Worth Ratio: 8.68
% Share Growth: 11.03
% Loan Growth: 21.77
Loans/Assets Ratio: 49.33
Investment/Assets Ratio: 45.55
Number of Members: 21,765
Number of Full-time Employees: 73

 In the year of 2005, CBC Credit Union assets increased by 0.10% and its membership decreased by 0.02%. CBC CU's membership decreased by a total of 329 members. Assets increased by the amount of $30,300,696. The total loan amounts went from $119,398,359 in 2004 to $145,396,561 in 2005. Their net worth ratio decreased slightly to 8.68. CBC CU maintained their job opportunities at 73.

As of December 31, 2004
Total Assets: $264,385,313
Total Loans: $119,398,359
Net Worth Ratio: 8.81
% Share Growth: 18.32
% Loan Growth: -5.74
Loans/Assets Ratio: 45.16
Investment/Assets Ratio: 49.22
Number of Members: 22,094
Number of Full-time Employees: 73

  
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Credit Union News:

Credit union opens new branch but thoughts of guests were with Kevin Dupé after heart attack
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THE official opening of the New England Credit Union (NECU) branch on Friday didn’t quite go to plan, but the morning still displayed the organisation’s strong commitment to the community.

Full Story: http://armidale.yourguide.com.au/news/local/general/credit-union-opens-new-branch-but-thoughts-of-guests-were-with-kevin-dup-after-heart-attack/1176457.html

Santa Fe Springs Credit Union Robbed At Gunpoint, Police Say
NBC 4 Los Angeles - Feb 6, 2008
One of four men who held up the Vons Federal Credit Union in Santa Fe Springs Wednesday is quickly taken into custody, but the others get away after firing shots at a security guard who tries to prevent their escape, police say.

Full Story: http://www.knbc.com/news/15236540/detail.html?rss=la&psp=news

MATCU Reaches Out To The 'Unbanked'
The Memphis Daily News - Feb 6, 2008
Memphis Area Teachers' Credit Union (MATCU) has launched a second-chance checking program that will target the "unbanked," or people who don't have....

Full Story: http://www.memphisdailynews.com/Editorial/StoryLead.aspx?id=101034

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