For over 70 years, Clackamas Federal Credit Union has been a trusted financial partner for individuals and families in Oregon. As a not-for-profit cooperative, the credit union is dedicated to providing personalized service, competitive rates, and a wide range of financial products to help its members achieve their goals. With a strong commitment to community involvement and financial education, Clackamas Federal Credit Union is more than just a financial institution – it's a partner on the path to financial freedom.
Clackamas Federal Credit Union was founded in 1948 by a group of employees from the Kaiser Permanente hospital in Portland, Oregon. The credit union's early success was fueled by its focus on serving the financial needs of its members, and it has since grown to become one of the largest credit unions in the state. Today, Clackamas Federal Credit Union serves over 60,000 members and has assets of over $1.2 billion.
Financial Products and Services
Clackamas Federal Credit Union offers a wide range of financial products and services to help its members manage their finances effectively. From checking and savings accounts to loans and credit cards, the credit union provides competitive rates and flexible terms to meet the needs of its members. Some of the key products and services offered by Clackamas Federal Credit Union include:
- Checking and savings accounts with competitive rates and low fees
- Personal, auto, and mortgage loans with flexible terms and competitive rates
- Credit cards with low rates and rewards programs
- Online banking and mobile banking services for convenient account management
- Financial education resources and counseling services to help members achieve their financial goals
Competitive Rates and Low Fees
Clackamas Federal Credit Union is committed to providing its members with competitive rates and low fees on all of its financial products. For example, the credit union offers a high-yield savings account with a rate of 2.25% APY, and a 5-year CD with a rate of 3.50% APY. The credit union also offers a range of loan products with competitive rates, including personal loans starting at 6.99% APR and auto loans starting at 4.99% APR.
| Product | Rate |
|---|---|
| High-Yield Savings Account | 2.25% APY |
| 5-Year CD | 3.50% APY |
| Personal Loan | 6.99% APR |
| Auto Loan | 4.99% APR |
Financial Education and Community Involvement
Clackamas Federal Credit Union is committed to helping its members achieve financial freedom through education and community involvement. The credit union offers a range of financial education resources, including workshops, seminars, and online resources, to help its members make informed financial decisions. The credit union also partners with local organizations and community groups to support financial literacy and economic development initiatives.
Some of the key financial education resources offered by Clackamas Federal Credit Union include:
- Budgeting and financial planning workshops
- Credit management and debt reduction seminars
- Online resources and calculators for financial planning and decision-making
- One-on-one counseling services for members
Commitment to Community
Clackamas Federal Credit Union is dedicated to giving back to the community it serves. The credit union partners with local organizations and community groups to support financial literacy and economic development initiatives. Some of the key community programs and initiatives supported by Clackamas Federal Credit Union include:
- Financial literacy programs for youth and adults
- Economic development initiatives to support local businesses and entrepreneurs
- Community events and sponsorships to support local organizations and charities
Key Points
- Clackamas Federal Credit Union is a not-for-profit cooperative with over 70 years of experience serving the financial needs of its members.
- The credit union offers a wide range of financial products and services, including checking and savings accounts, loans, and credit cards.
- Clackamas Federal Credit Union is committed to providing competitive rates and low fees on all of its financial products.
- The credit union offers a range of financial education resources and counseling services to help its members achieve their financial goals.
- Clackamas Federal Credit Union is dedicated to giving back to the community it serves through financial literacy and economic development initiatives.
What are the benefits of joining Clackamas Federal Credit Union?
+As a member of Clackamas Federal Credit Union, you’ll enjoy personalized service, competitive rates, and a wide range of financial products to help you achieve your goals. You’ll also have a say in the credit union’s decision-making process and be part of a community-focused organization.
How do I become a member of Clackamas Federal Credit Union?
+To become a member of Clackamas Federal Credit Union, you can apply online or visit one of our branches in person. You’ll need to provide some basic information, such as your name, address, and social security number, and meet our membership requirements.
What kinds of financial products and services does Clackamas Federal Credit Union offer?
+Clackamas Federal Credit Union offers a wide range of financial products and services, including checking and savings accounts, loans, credit cards, and online banking services. We also offer financial education resources and counseling services to help our members achieve their financial goals.