“Foreclosures exceed home sales!” “Credit card interest rates skyrocket.”  Headlines like these create fear and uncertainty.  Although only a small percentage of homeowners actually face foreclosure, all of us feel the impact of a bruised economy.  “All financial institutions are the same,” you may believe.  But are they really? 

At Chevron Federal Credit Union (CFCU), we are dedicated to being our members’ life-long financial partner!  How do we do this?  

• By making member satisfaction our top priority.
• By consistently providing great products and competitive rates.
• By not offering products that could potentially put our members financial safety at risk.
• By being a member-owned, not-for-profit financial institution.

What does this mean for you? While other financial institutions pay profits to outside stockholders, credit unions return their net earnings to their own member-owners through high dividends (interest) on savings and low loan rates, and also enables us to offer products that have low to no fees. 

Being rather conservative in the products we offer has helped us grow to over $1.1 billion in assets and maintain a position of financial strength that other financial institutions can only envy.

To find financial safety and reliable products, stop by your local CFCU branch, or call us at 510-627-5000 or toll-free 800-232-8101.

This article was posted in the "What's New" section on our website in April, June, and July 2008, and was also published in CFCU's June 2008 edition of the e-Connection newsletter.