The History of Orange County’s Credit Union

Originally chartered in 1938 as "The Orange County Employees Credit Union," Orange County's Credit Union was formed to provide for the financial needs of local county government employees. During the 1990's, the Credit Union expanded its Membership to include all residents of Orange County, and today, is open to everyone living or working in Orange, Los Angeles, Riverside, and San Bernardino counties. As of June 2019, Orange County’s Credit Union reported its assets exceed $1.6 billion and its Membership exceeds 112,000.

Each of the dates below tells part of the Orange County's Credit Union story.

1938 – Orange County's Credit Union is established in 1938 as "The Orange County Employees Credit Union" with its first president, J. Arthur Anderson and initial deposits of $2,663.

1940 – The Credit Union applies for a State Charter under the California Credit Union Act of 1939.

1953 – The Board adopts the "Once a Member, always a Member" policy which is still in effect today.

1964 – As Membership swells to 3,000 Members, the Credit Union reaches its first million dollars in assets.

1981 – Greg Smith is appointed as President/CEO.

1982 – The first Credit Union ATM is installed at the Civic Center branch in downtown Santa Ana.

1985 – Judith A. McCartney is appointed as President/CEO.

1987 – SoCal FCU merges into Orange County’s CU.

1989 – 92 – The Credit Union opens locations in Anaheim and Lake Forest.

1993 – Orange Coast FCU and Uniwest FCU merge into Orange County’s CU.

1997 – Online (PC) banking is introduced to Members.

1999 – The charter changes from federal to state, and is renamed to Orange County’s Credit Union.

2000 – Anaheim City ECU/Anaheim Area CU merges into Orange County’s CU.

2001 – The Credit Union achieves the milestone of $500 million in assets and enters the millennium serving Orange County, Long Beach, Signal Hill, Lakewood, and Cerritos residents.

2002 – The Credit Union’s Headquarters moves from its previous location on Dyer Road to its new 48,000-square-foot building at St. Andrew Place in Santa Ana, CA.

2003 – Coastline Community CU merges into Orange County’s CU.

2004 – Buena Park City EFCU and Verizon Employees FCU merge into Orange County’s CU.

2005 – Pacific and Sand Dollar youth accounts are introduced.

2006 – The Credit Union launches its Relationship Rewards program and creates its in-house mortgage team, generating $106 million in new home loans for Members.

2007 – Shruti Miyashiro is appointed as President/CEO.

2008 – Membership expands to include anyone who lives, works, or attends school in Riverside County. New branches are opened in Irvine and Yorba Linda. Orange County's Credit Union celebrates its 70th anniversary and receives the 2008 Award for Workplace Excellence.

2009 – The Credit Union establishes its philanthropic partnership with CHOC Children’s and announces its first Annual Youth Scholarship Program. Former CEO, Judith A. McCartney, receives the Leo H. Shapiro Lifetime Achievement Award from California Credit Union League.

2010 – The Credit Union launches Mobile Banking to the delight of tech-savvy Members, receives the Top Workplace Award, and ranks in the Top 10 of Mid-Size Companies in Orange County.

2012 – The Credit Union achieves the milestone of $1 billion in assets.

2013 – The Credit Union receives a Workplace Excellence Award from Peter Barron Stark Companies. The new Irvine Branch opens in the Woodbury Town Center.

2014 – The Credit Union receives a Top Workplace Award, Best of OC Award, and ranks in the Top 20 of Mid-Size Companies in Orange County and Top 2 of Credit Unions in Orange County.

2015 – Orange County’s Credit Union begins offering jumbo mortgage loans. The Credit Union receives a Best of OC Award and ranks in the Top 2 of Credit Unions in Orange County.

2016 – Orange County’s Credit Union receives a Best of OC Award and a Workplace Excellence Award from Peter Barron Stark Companies, and ranks in the Top 2 of Credit Unions in Orange County. The Credit Union merges with Cherry EFCU.

2017 – With $1.4 billion in assets, Orange County's Credit Union reaches the 100,000 Member milestone, and begins offering adjustable rate jumbo mortgage loans. The Credit Union receives a Best of OC Award and ranks in the Top 2 of Credit Unions in Orange County.

2018 – Orange County’s Credit Union receives a Best Credit Union to Work For Award from the Credit Union Journal, as well as a Best of OC Award and an Excellence in Corporate Business Award from Centro CHA. The Credit Union qualifies as a low-income designated credit union.

2019 – Orange County’s Credit Union begins offering fixed rate jumbo mortgage loans. Membership is expanded to include anyone who lives or works in Los Angeles and San Bernardino counties. The Credit Union receives a Workplace Excellence Award from Peter Barron Stark Companies and is named a Best-In-State Credit Union by Forbes. The Santa Ana Headquarters expands to a second building to accommodate its growing number of Associates.