Business Details
50+ Years
experience
Emergency
services
Your Trusted Credit Union in Norco, CA
Novo Federal Credit Union has been dedicated to serving the financial needs of correctional institution employees since our charter in 1963. Originally established with $750 in assets, we now proudly serve over 2,200 members with nearly $16 million in assets. Our exclusive focus on employees of specific California correctional facilities allows us to tailor banking solutions that meet the unique needs of our community. We prioritize personalized service, ensuring every member feels recognized as an individual rather than a number. Our commitment to financial education and accessible services is demonstrated through our mobile app, online banking, and convenient ATM network.We maintain competitive rates on loans and savings products while emphasizing security and transparency in all transactions. Our team understands the specific challenges faced by correctional professionals, enabling us to provide targeted financial guidance. With decades of experience serving this specialized demographic, we combine institutional knowledge with modern banking technology. Our mission remains centered on building lasting relationships through reliable service and community engagement. This focused approach ensures we deliver exceptional value to our members while maintaining the trust placed in us since our founding.
Services
Checking Accounts
Savings Accounts
Vehicle Loans
Signature Loans
CD Rates
Online Banking
Insurance Products
Wire Transfers
Mobile Banking
ATM Services
Details
- Year established: 1963
Highlights and features
- We exclusively serve correctional institution employees with tailored financial solutions
- Our competitive loan rates start as low as 4.49% APR for qualified borrowers
- 24/7 digital banking access with mobile app and online account management
- Personalized service from staff who understand correctional professionals' needs
- Community-focused approach with 62 years of institutional experience
What people say
Personalized service
Competitive rates
24/7 digital access
Staff expertise
Community focus
Services
Checking Accounts
Our checking accounts provide convenient access to funds with competitive features tailored for correctional professionals. Members enjoy no hidden fees, free online bill payment, and mobile check deposit capabilities. The accounts integrate seamlessly with our 24/7 digital banking tools for complete financial management flexibility.
Vehicle Loans
We offer vehicle loans starting at 4.49% APR with terms designed to fit various credit profiles. Our lending specialists work closely with members to find affordable financing solutions for new or used vehicle purchases. Loan payments can be automated through our online banking system for added convenience.
Online Banking
Our 24/7 online banking platform enables account management from any device. Features include real-time balance checks, mobile check deposit, bill payment scheduling, and transaction monitoring. The mobile app provides location-based ATM finder and customizable account alerts for enhanced security.
Certificate of Deposit
Our CD products offer guaranteed returns with terms starting at 6 months. Current rates reach up to 4.25% APY, providing secure growth opportunities for members' savings. Early withdrawal penalties apply to protect investment growth while maintaining competitive market rates.
Insurance Products
We provide credit life, disability, and GAP insurance options to protect members' financial obligations. These products include affordable mechanical repair coverage and accident insurance through CUNA Mutual. Our loan officers help members select appropriate coverage levels for their specific needs.
Questions
Who is eligible to join Novo Federal Credit Union?
Eligibility extends to employees of specific California correctional facilities including CRC Norco, CIW Chino, and CIM Chino, plus their immediate family members and retirees.
What digital banking services do you offer?
We provide mobile banking with check deposit, account alerts, and bill payment features alongside our secure online banking portal accessible 24/7.
How do loan rates compare with other institutions?
Our vehicle loans start at 4.49% APR with signature loans available from 9.99% APR, offering competitive rates tailored to correctional professionals.
What insurance products are available?
We offer credit life/disability insurance, GAP protection, and mechanical repair coverage through CUNA Mutual to protect members' financial investments.
How can I access my account after hours?
Our online banking portal and mobile app provide 24/7 account access for balance checks, transfers, and transaction monitoring from any device.
