Tag: Arcata

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 …

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.

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.