About Us

We're a credit union, not a bank

What does that mean? North County CU is a not-for-profit financial cooperative owned by its members. Your $5 opening deposit in our Membership Savings Account buys you one share in the credit union - that makes you an equal owner of this financial institution.

We've been a not-for-profit cooperative since 1954.

We have different goals

As a member who owns one share of our cooperative, you have one vote to elect our volunteer Board of Directors. The Board works closely with our Senior Management Team to set the course of the credit union and serve as the voice of the membership.

Board members are volunteers, meaning they don't get paid and their decisions are guided by what's best for our membership. The money we earn goes back to our members (people like you), not into the pockets of stockholders like at a bank.

Members in good standing who are over 18 years of age are eligible to serve on our Board. Elections are held once a year and all members are invited to participate in the election and nomination process.

We're local

Many members of credit unions like knowing their savings will go back into the community and help other members get mortgages to buy homes and loans for new cars. They help members grow their savings, pay off debt, and plan for the future.

We'll save you money

As a not-for-profit cooperative, we're always looking for ways to save you money any way we can. North County CU representatives are rewarded for finding you the best deal - not on making record profits.

In general, credit unions offer higher savings rates, meaning that your money grows faster, and lower rates on loans, meaning that you will owe less over the lifetime of the loan. Credit unions also tend to charge less in fees.

Datatrac, a financial research and technology firm, regularly provides the National Credit Union Association with credit union and bank interest rate comparisons - as they say, proof is in the numbers!

A safe place for your money

Your deposits are federally insured to at least $250,000 by the National Credit Union Administration, a U.S. Government Agency. Learn more.

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Cabrillo Credit Union and North County Credit Union Announce Merger Approval

San Diego, CA – February 3, 2025 –Cabrillo Credit Union is thrilled to announce that the membership of North County Credit Union has approved the merger with Cabrillo Credit Union, effective February 1, 2025. This milestone marks the beginning of a shared journey dedicated to enriching the lives of our member-owners and expanding financial services across North County.

With Cabrillo Credit Union’s mission to "enrich the lives of our member-owners, one relationship at a time," this merger represents a transformative step forward. The partnership combines Cabrillo’s commitment to exceptional service with North County Credit Union’s strong community presence, offering an even greater breadth of products, services, and support to members throughout San Diego County.

A Partnership Rooted in Shared Values

Both Cabrillo Credit Union and North County Credit Union share a legacy of serving their communities with honesty, empowerment, and teamwork. Cabrillo, established in 1955 to serve Border Patrol agents in San Diego, has grown to become the trusted financial institution for federal employees, Sharp HealthCare professionals, and individuals across the county. North County Credit Union has long served as a financial lifeline for residents and businesses in the North County region. Together, these two organizations will amplify their collective impact while maintaining the core values their members rely on.

"This merger is a new chapter for North County Credit Union. By joining forces with Cabrillo Credit Union, we’re not just expanding our reach, but also enhancing the services and opportunities we can provide to our members." - Gary Sisk, North County Credit Union CEO

What This Merger Means for Members

As a result of this merger, members can look forward to:

  • Our New Name: North County Credit Union is now North County Credit Union: A Division of Cabrillo Credit Union—a name that reflects our shared commitment to enriching your financial future.

  • Enhanced Services: From robust digital banking tools to personalized financial solutions, the combined organization will provide the resources to help members achieve their financial goals.

  • A Shared Focus on Community: Cabrillo Credit Union’s deep commitment to giving back to the community will now extend into North County, strengthening local partnerships and fostering economic growth.

A Seamless Transition for Members

While the legal merger is effective February 1, 2025, members can continue to bank as usual. Over the coming months, Cabrillo will integrate systems and services, ensuring a seamless transition with no disruption to current accounts or branch services. Updates on integration milestones will be communicated via email, online, and in branches.

Enriching Lives in North County and Beyond

"This merger is more than an expansion—it’s a reflection of our commitment to serving members with excellence. We’re excited to build new relationships, strengthen existing ones, and deliver greater value to every member we serve."

Cabrillo Credit Union is passionate about creating meaningful financial opportunities for its members. With this merger, the credit union not only strengthens its presence but also reaffirms its mission of service. By combining resources and expertise, Cabrillo is uniquely positioned to help even more individuals and families achieve financial wellness.

“We look forward to building relationships in North County while continuing to deliver the exceptional service our members know and trust,” added Posey. “Together, we are stronger, better equipped, and even more dedicated to helping our members thrive.”

About Cabrillo Credit Union

Cabrillo Credit Union was founded in 1955 to serve Border Patrol agents in San Diego. Today, Cabrillo serves over 26,000 members, including federal employees, Sharp HealthCare professionals, and the greater San Diego community. With a focus on empowerment, teamwork, honesty, service, and community-mindedness, Cabrillo is dedicated to enriching lives, one relationship at a time. Learn more at www.cabrillocu.com.

 

We're always here for you

Our branch staff is always willing to help. We're also ready to serve you 24/7 through our various remote account access services:

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