At a glance
From its website, read 2 Nov 2026OceanAir Federal Credit Union is a credit union based in Oxnard, California. Its website describes auto loans, home repair loans and personal loans. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Apply online | Page with the application link |
|---|---|
| Website | www.cbcfcu.org |
| Office (official list) | 2151 E Gonzales Rd, Oxnard, CA 93036 |
What their website says about applying
Check Your Rate. Get Pre-Approved Before You Shop.
sourcePlease call 805.278.5727 for further details.
sourceFill out the form below and our team will contact you to answer all your questions!
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Rates and terms they state
Read 2 Nov 2026| Loan | Stated | Text on the lender's site (verbatim) | Page |
|---|---|---|---|
| Home repair / improvement loans | Rate stated, not as an APR: see their wording | Rates as low as 5.49%* Can be used for these projects and more | source |
| Auto / vehicle loans | Term: see their wording | Lower payments with flexible terms up to 84 months—so your budget stays manageable. | source |
| Personal / consumer loans | Term: see their wording | Fixed-rate for 12 to 60 months | source |
As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.
Who qualifies, in their words
- Membership required
Must meet membership and account criteria.
source - Collateral flexible or not always required
No collateral required
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Credit union |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 29 Jan 2022 |
| RSSD ID | 318684 |
| Address | 2151 E Gonzales Rd, Oxnard, CA 93036 Directions (Google Maps) |
| Website | www.cbcfcu.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: high. Service area is only stated at county level for home loan pricing; the personal loan size range is used for the overall loan size. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Auto / vehicle loans | — | New & Used Car, Truck, Van, and Motorcycle loans | source |
| Home repair / improvement loans | — | OceanAir Eco Loans Make this the year to get environmentally friendly improvements done to your home! Rates as low as 5.49%* | source |
| Personal / consumer loans | from $500 | $500 minimum loan amount | source |
Service area
Not stated on the pages we read.
Borrower focus
- Not stated on the pages we read.
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. Apply Online
source
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- Do you lend where I live, or where my business is?
Their website does not say which area they serve. - How do I become a member, and is there a fee or a minimum deposit?
Credit unions lend only to their members. - What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - What is the APR, including fees, on your auto loans and home repair loans?
Their website states a rate, but not as an APR. The APR includes fees, so it is the number to compare. - Is there a minimum credit score, and do you consider borrowers with little or no credit history?
Their website does not say what credit history they accept. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$3 million in 3 awards from the U.S. Treasury's CDFI Fund, 2021–2024 (CDFI Equitable Recovery Program; CDFI Program, Technical Assistance; Small Dollar Loan Program).
| Round year | Program | Amount |
|---|---|---|
| 2024 | Small Dollar Loan Program | $383,223 |
| 2022 | CDFI Equitable Recovery Program | $2,478,839 |
| 2021 | CDFI Program, Technical Assistance | $125,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Branches and size
NCUA, 30 Jun 2026On file with the NCUA as OCEANAIR (charter 7608). Source: NCUA 5300 Call Report quarterly data (public data) as of 30 Jun 2026, downloaded 3 Nov 2026: total assets, members and branch addresses.
| Total assets | $882.5 million (as of 30 Jun 2026) |
|---|---|
| Members | 26,847 (as of 30 Jun 2026) |
| Offices | 5 (as of 30 Jun 2026) |
Offices by state and county (5)
California (5 offices)
- Kern County (1): 1002 W Tehachapi Blvd, Tehachapi 93561
- Ventura County (4): 2151 E Gonzales Rd, Oxnard 93036 (main office); 300 Arneill Rd, Camarillo 93010; 1377 E Los Angeles Ave, Simi Valley 93065; 3636 Dean Dr, Ventura 93003
An office shows where the lender has a branch, not where it lends or whom it lends to. Credit unions serve members only; check who can join. For the ZIP-code search, credit-union offices are placed at the centre of their ZIP code (approximate).
What the regulator filing shows
NCUA 5300, 30 Jun 2026Figures from the 5300 Call Report filed by OceanAir Federal Credit Union (NCUA charter 7608, filed as “OCEANAIR”). Source: NCUA 5300 Call Report quarterly data (public data), cycle 30 Jun 2026; year-earlier figures from the 30 Jun 2025 cycle; downloaded 3 Nov 2026.
| Total loans and leases | $756.4 million, 13,312 loans (as of 30 Jun 2026) |
|---|---|
| Change over the year | Up 7.9% from $701.1 million on 30 Jun 2025 |
| Members | 26,847 (as of 30 Jun 2026); 27,772 (as of 30 Jun 2025) |
| Loans per member | $28,173 (total loans divided by members, 30 Jun 2026) |
| Total assets | $882.5 million (as of 30 Jun 2026) |
Loan mix (balances on 30 Jun 2026)
| Loan category | Balance | Share |
|---|---|---|
| New vehicle loans | $6.8 million | 0.9% |
| Used vehicle loans | $21.6 million | 2.9% |
| First-lien home mortgages (1-4 family) | $375 million | 49.6% |
| Other real estate loans (junior liens, other) | $101.6 million | 13.4% |
| Commercial (business) loans | $221.4 million | 29.3% |
| Credit cards | $16.8 million | 2.2% |
| Other unsecured loans | $7.2 million | 1.0% |
| Leases and other secured loans | $5.9 million | 0.8% |
Balances are loans outstanding on the report date, not loans made during the year. A category with no balance does not mean the credit union never makes that kind of loan. Credit unions lend to members only; check who can join.
Home loans reported under HMDA (2025)
FFIEC HMDA data, 2025OceanAir Federal Credit Union reported 351 originated home loans for 2025 under the Home Mortgage Disclosure Act, totaling about $148.2M (median loan about $235,000). 48 were home-purchase loans.
By loan purpose
| Purpose | Loans | Share |
|---|---|---|
| Home purchase | 48 | 14% |
| Refinance (incl. 58 cash-out) | 75 | 21% |
| Home improvement | 101 | 29% |
| Other purpose | 127 | 36% |
By loan type
| Loan type | Loans | Share |
|---|---|---|
| Conventional | 350 | 100% |
Included above: 267 home-equity or other open-end lines of credit; 3 loans on manufactured homes.
Where the loans were made
Counties with the most 2025 originations, out of 34 counties with at least one; 94% of its 2025 loans were for properties in California:
- Ventura County, CA (154)
- Los Angeles County, CA (69)
- Santa Clara County, CA (26)
- San Diego County, CA (15)
- Orange County, CA (14)
- Alameda County, CA (8)
- El Paso County, CO (8)
- Sacramento County, CA (7)
Filed under LEI 549300ESNLIWVN3TK065 as “OCEANAIR FEDERAL CREDIT UNION”; matched by its RSSD ID on the CDFI Fund list, which the HMDA reporter panel links to this LEI.
Source: FFIEC Home Mortgage Disclosure Act (HMDA) data for 2025, snapshot frozen 2 Jun 2026, loan-level records read through the CFPB HMDA Data Browser API on 3 Nov 2026. Originated loans only; applications that were denied, withdrawn or not accepted are not counted. HMDA publishes each loan amount as the middle of a $10,000 band, so totals and medians are approximate. Counts under 3 are not shown. How we match lenders.
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Total assets (Call Report, 30 Jun 2026) | $882.5 million | Larger than 60% of the 25 other certified credit unions in California (median $425.5 million). |
| Loans as a share of assets | 86% | Median of the same 25 credit unions: 71%. A higher share means more of its balance sheet is lent out. |
| Loans held, 30 Jun 2025 → 30 Jun 2026 | $701.1 million → $756.4 million (+8%) | Median change of 24 other certified credit unions in California: +4%. Rank by loans held among these 25: 8 → 8. |
| Home loans originated in 2025 (HMDA) | 351 | More than 81% of the 263 other certified CDFIs that reported 3 or more (119 at the median). Volume only; nothing here is an approval rate. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Call Report total assets | other certified credit unions in California | 25 | larger than 60% |
| Loans held then vs now | certified credit unions in California reporting both dates | 24 | rank 8 → 8 of 25 |
| HMDA home loans | certified CDFIs with 3+ originations in 2025, nationwide | 263 | more than 81% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section). Home loans: FFIEC/CFPB HMDA data.
Other certified CDFIs in Oxnard and California
- Ventura County Community Development CorporationLoan fund · Oxnard, CAHome mortgagesVerified
- AccessityLoan fund · San Diego, CASmall-business loansVerified
- Accion Opportunity Fund Community DevelopmentLoan fund · San Jose, CAEquipment loans, SBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified
- AltaOne Federal Credit UnionCredit union · Ridgecrest, CAAuto / vehicle loans, Commercial real estate loans, Credit-builder loans, Equipment loans…Verified
- Altura Credit UnionCredit union · Riverside, CAAuto / vehicle loans, Home mortgages, Personal / consumer loansVerified
- American Nonprofits, Inc.Loan fund · Santa Cruz, CAVerified
Work at OceanAir Federal Credit Union? Link to this page
Paste this into your website to show you are listed. If anything here is wrong, tell us first (how).
Something wrong or out of date on this page? Use the contact page or email contact@cdfiatlas.com and name the page.
CDFI Atlas is not a lender and does not give financial advice. Inclusion is not an endorsement, and lenders have not reviewed or approved these pages. Disclaimer.