Credit union · NCUA insured
OceanAir Federal Credit Union
A $870.8M credit union headquartered in Oxnard, CA, with 27,253 members and 5 branches in California. Best rates: CDs 4.50% and savings 0.03% APY.
OceanAir Federal Credit Union Carrot Score
76
Carrot Score
Higher than 40% of U.S. banks and credit unions
#10 of 23 in Oxnard, CA metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About OceanAir Federal Credit Union
Founded in 1952 in Port Hueneme, California, OceanAir Federal Credit Union is headquartered in Oxnard to serve member financial needs.
Previously known as CBC Federal Credit Union until 2024, the institution is a Certified Development Financial Institution and Juntos Avanzamos-designated credit union.
It serves communities throughout Southern California and operates four branch locations across Ventura County.
- Headquarters
- 2151 E Gonzales Rd, Oxnard, CA 93036-3704
- NCUA charter
- 7608
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees or members of up to 19 Select Employee Groups qualify for membership.
Military, government and schools
- Civilian employees at CBC and active-duty military personnel qualify for membership.
Other ways
- Individuals nationwide can join through an association created by the credit union.
Branches
5 branches in California
Loading map…
California
5 branches
Oxnard area · 4
- Oceanair Federal Credit UnionMain office2151 E Gonzales Rd, Oxnard, CA 93036Directions
- Camarillo Branch300 Arneill Rd, Camarillo, CA 93010Directions
- Simi Valley1377 E Los Angeles Ave, Simi Valley, CA 93065Directions
- Ventura Branch3636 Dean Dr, Ventura, CA 93003Directions
Bakersfield area · 1
- Valley Strong Credit Union1002 W Tehachapi Blvd, Tehachapi, CA 93561Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 7.44% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.48% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.12% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $109 | $76 | — |
- CapitalNet worth ratio7.44%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.48%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.12%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$109Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of OceanAir Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.