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Every year, we invite all Compass CCU members to our Annual Meeting. It’s an excellent opportunity to learn more about your credit union and meet our CEO, board members, and staff. You’ll also get an update on the progress of our new branches. Hear a quick review of all the upgrades we put in place …

Hope to see you at our Annual Meeting

Every year, we invite all Compass CCU members to our Annual Meeting. It’s an excellent opportunity to learn more about your credit union and meet our CEO, board members, and staff.

You’ll also get an update on the progress of our new branches. Hear a quick review of all the upgrades we put in place last year. And get a sneak peak at some of the things we have planned for this year.

Date: Thursday, January 24th
Time: 6 pm
Location: Compass Credit Union, 321 Wabash Ave, Eureka

Please RSVP by emailing us at or calling 707-443-8662 before January 18th.

Annual Meeting Recap

Our CSFECU Annual Meeting was held on January 25, and we had the privilege of sharing some truly amazing accomplishments from the past year. Here are some highlights:

  • Positive membership growth for the first time in over 14 years. Nationally, credit unions are seeing slow growth, and we are pleased to be bucking the trend with our superior services and personal service.
  • For the second year in a row, we paid a 0.25% bonus dividend to members in the 4th quarter.
  • Our total assets, one measure of our organization’s size, grew by $3.8 million, from $132.4 million to $136.2 million.
  • The total dollar amount of loans we funded in 2017 grew by 24%.
  • We funded 180 auto loans totaling over $4.4 million—the highest in over 10 years.
  • Free Checking announced in June.
  • Lowered minimum share from $50 to $5.
  • Extended our streak of Bauer 5 Star Ratings to 30 consecutive quarters.
  • For the second straight year we were listed in the top 2% of Healthiest Credit Unions Nationwide from
  • Announced our field of membership expansion to serve those who live, work, or worship in Humboldt, Trinity, or Del Norte counties.
  • Announced our new name – Compass Community Credit Union.

We thank you, our loyal members for every one of these accomplishments.

New car, better loan

Auto loan rates – as low as 1.99%*

If you’re hoping to start your new year with a new vehicle, we can help make it much more affordable with our new vehicle loans. Up to 84 months with instant pre-approvals so you can shop knowing exactly what you can afford, and not have to haggle with dealer financing. Come in today to start the process.

*APR – Annual Percentage Rate. Rates as of 11/01/2017. For a $15,000 car loan with a 60 month term at 1.99% APR, the monthly payment will be $262.86. All extensions of credit are subject to credit approval. All terms and conditions are subject to change without notice. Offers may be withdrawn at any time.

A special message from our CEO

A credit union is a unique type of organization. Unlike banks or other types of businesses who can serve anybody, credit unions like CSFECU are granted a charter to serve a specific field of membership—groups of people with a common bond. That bond can be anything from a specific employer(s), to a specific industry, to membership in certain organizations, affiliation with a school, or residence in a certain community.

New Field of Membership

As you have heard, we were recently granted a community charter by the California Department of Business Oversight. This change allows membership to anyone who lives, works, or worships in Humboldt, Trinity, or Del Norte counties. In the past, it may have been a little confusing whether you could join CSFECU or not.

Now, it’s crystal clear. This truly is sensational news and we are delighted to offer our services to EVERYONE in these communities.

New Name

The next step is a name change to better reflect who we are. We appreciate the suggestions you, our members, submitted in response to our mailing. We hope to announce the new name in early 2018!

New Arcata Location

We are also expanding locations to become more convenient to more of our members. A new branch will open in Arcata at 1033 G Street, across from the Arcata Theatre Lounge. Work will begin soon to renovate the building with a goal to open mid-late 2018. We will keep you posted on the progress.

These are exciting changes, ones we have worked hard to accomplish over the last couple years, and changes that I’m thankful to announce for the betterment of our loyal members. For over 66 years, we have been meeting the financial needs of our members. I personally consider it a privilege serving you.

Ray Litchfield Signature

Ray F. Litchfield, Chief Executive Officer

Refer Us Today

With our new community charter, you can now spread the CSFECU love to all your friends, family, co‑workers and neighbors who live, work or worship in Humboldt, Del Norte or Trinity counties! Visit our Join Us page for complete information and to sign up with just a $5 deposit. It’ll make your brain happy. Both sides of it.

Join us at the Annual Meeting, January 25

All members are invited to join us as we kick off the new year at our Annual Meeting on Thursday, January 25, 2018 at 6:00 pm. The meeting will be held at the Credit Union office located at 321 Wabash Ave, Eureka.

•  Door prizes for everyone who attends

•  Quick review of all the upgrades we put in place last year

•  Meet and greet the board, CEO, and staff

•  Sneak peek of some things we have coming up

Please fill out the form below to RSVP or call us at 707-443-8662. We look forward to seeing you.

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CSFECU: A 5-Star Superior Credit Union

October 2017: California State & Federal Employees’ Credit Union #20, Eureka, California has earned a coveted 5-Star rating from BauerFinancial, the Nation’s Premier Bank and Credit Union Rating Firm. (A five-star rating indicates this credit union excels in areas of capital adequacy, profitability, asset quality and much more.)  California State & Federal Employees’ Credit Union #20 has earned and maintained this top 5-Star rating for 30 consecutive quarters, and that deserves recognition.

“By earning Bauer’s highest 5-Star rating, California State & Federal Employees’ Credit Union #20 proves to its members and the field of prospective members that it is not only committed to their needs but also to financial discipline,” notes Karen L. Dorway, president of BauerFinancial. “As times change, so do members’ needs. Institutions like California State & Federal Employees’ Credit Union #20 excel at finding ways to meet these ever-changing needs while maintaining financial discipline and prudent underwriting.”

California State & Federal Employees’ Credit Union #20 was established in 1951, and has been providing personal service to its membership for the 66 years since. Today it operates through a conveniently located office on Wabash Avenue in Eureka and can also be found on the internet at

California State & Federal Employees’ Credit Union #20: “Your 5-Star Credit Union”

Member of the NCUA and an Equal Housing Lender.

BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at


BauerFinancial, Inc. P.O. Box 143520, Coral Gables, FL 33114.

International Credit Union Day – Thursday, October 19

This year’s International Credit Union Day theme illustrates how your credit union and other financial cooperatives serve as catalysts to make different professions, personal choices and career paths real. Dreams Thrive Here…love it!

Stop in the branch the week of October 16–20 for some refreshments. Refer a friend for membership and you both get to spin our prize wheel for a chance to win some fabulous prizes. Open an account, loan or service and get a spin for each product or service you open.

Closing Costs? Zero. Uses? Unlimited!

For a limited time, we are covering the appraisal fee and closing costs when you open a Home Equity Loan with us.¹ Not just for home improvements, Home Equity Loans are also great for consolidating bills, paying for college tuition, or purchasing an auto or RV.

Home Equity Loan

Term: 15 years

6.50%, 6.51% APR²

Home Equity Line of Credit

Term: 7-year draw; 22-year repay

as low as 4.25% APR³

¹Appraisal fee and closing costs are waived with a minimum draw amount of $20,000. Loan or credit line must be open for a minimum of 3 years. Loan or credit line closed prior to 3 years of the open date is subject to reimbursement of all original waived fees and will be added to the payoff balance. ²APR – Annual Percentage Rate. ³Variable Rate: Variable adjusts every January 1 and July 1. Index is the 1 Year-Treasury Bill plus a 1.75% margin rounded up to the nearest quarter percent. Maximum change per change date is 1.00%. Maximum cap is 9.75% APR. Payments are amortized over 22 years or $100, whichever is greater. Rates and terms effective 06/11/2018 and are subject to change or discontinue without notice. 80% of appraised value less balance of First Mortgage. All rates apply to single family dwellings located in the state of California. The APR is based on a loan amount of $100,000. Loan approval subject to credit, income and property appraisal. Rate is not locked until final loan approval and offers may be withdrawn at any time. All terms and conditions are subject to change without notice. Call representative for additional details at 800-440-8662.

Call for Nominations

The nominating committee of California State & Federal Employees Credit Union reports that there is one individual seeking re-election to the Board of Directors, Dr. Joshua Zender, and one individual seeking re-election to the Supervisory Committee, Audrey Brown. There is also one vacancy on the Board of Directors. The positions are for a three-year term.

In addition to the candidate nominated, a member age 18 or older may submit a letter of intent for a position on the 2018 election ballot. If you would like to be nominated for the Board of Directors, please submit a letter of intent (including a statement of qualification and biographical data) to the Nominating Committee on or before November 17, 2017. No nominations will be permitted from the floor at the Annual Meeting. If the number of nominees equals the number of positions to be filled, the credit union may declare those nominated and qualified to be elected to the Board of Directors.

If the number of nominees exceed the number of positions to be filled, elections will be determined by a plurality vote by printed ballot, and will occur at the Annual Meeting on January 25, 2018.

In short, a credit union is a cooperative financial institution where people work together to make everyone’s lives better. Everyone who has an account here is a member. And every member is an owner.

Rather than making profits to send to far-off shareholders, Compass CCU reinvests in our credit union. Which means we reinvest in YOU. That’s why we say that, at Compass Community Credit Union, we guide you to better banking.