Business Details
50+ Years
experience
Your Trusted Partner for Faith-Based Financial Services
Ocean Financial Federal Credit Union has served the financial needs of Catholic communities and select employee groups since 1969. As a faith-based institution, we prioritize member ownership, competitive financial products, and community impact. Our services span personal and business banking, including loans, savings accounts, credit cards, and merchant solutions. With over 15,000 members nationwide, we combine decades of experience with innovative technology to deliver personalized financial guidance. Our team of professionals is committed to empowering members through financial education, transparent practices, and tailored support. As the third-largest Catholic credit union in the U.S., we maintain a strong focus on ethical lending, member benefits, and long-term stability.Our partnerships with organizations like Clover and Westco Financial Group enhance our ability to provide comprehensive financial solutions. By operating as a not-for-profit cooperative, we reinvest earnings to improve services and offer favorable rates to our members.
Services
Auto Loans
Home Equity Lines
Merchant Services
Youth Savings Accounts
Business Loans
Credit Cards
Investment Services
Insurance
Personal Loans
Certificates
Details
- Year established: 1969
Highlights and features
- We offer over 50 years of experience in faith-based financial services.
- Our credit union provides competitive loan rates and personalized support.
- We prioritize member ownership and community impact.
- Our services include a wide range of financial products tailored to individual needs.
- We are committed to financial education and member success.
Associations and certifications
- NCUA
Services
Auto Loans
Ocean Financial offers competitive auto loans for new and used vehicles, including lease buyouts. Our low APR options and flexible terms help members afford their dream car. Pre-approval services ensure transparency and budget-friendly financing solutions.
Home Equity Line of Credit
Access your home's equity for major expenses with our HELOC. Enjoy low introductory rates, flexible draw periods, and variable rates tied to the Prime Rate. No closing costs for primary residences with balances between $50,000 and $250,000.
Merchant Services
Partner with Clover by Fiserv for comprehensive payment solutions. Our POS systems, inventory management, and fraud protection tools streamline operations for retailers, restaurants, and service businesses nationwide.
Youth Savings Accounts
Encourage financial literacy with high-yield youth accounts. Earn 5.00% APY on balances up to $1,000 for members under 21. Joint ownership with parents ensures secure, educational money management.
Business Loans
Support business growth with tailored loan options. Our commercial lending includes equipment financing, working capital loans, and merchant services integration to meet diverse operational needs.
Questions
What is a credit union?
A credit union is a member-owned, not-for-profit financial cooperative offering competitive rates and personalized service to its members.
Who can join Ocean Financial?
Catholics worldwide and employees of Select Employee Groups are eligible for membership.
How do I apply for a loan?
Apply online, visit a branch, or contact a loan officer to submit documentation like proof of income and identification.
Are savings deposits insured?
Yes, accounts are insured up to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF).
What youth financial services are available?
We offer high-yield youth savings accounts with 5.00% APY on balances up to $1,000 for members under 21.
Do you offer business banking solutions?
Yes, including merchant services, commercial loans, and POS systems through our partnership with Clover.
