We set ourselves apart by having real people for you to speak to when you call or visit us. We also offer electronic and mobile banking services for the times you want or need them for your convenience.
Pacific Cascade opened its doors to serve members in 1961 as Eugene Municipal Federal Credit Union. We merged with Springfield Public Employees Federal Credit Union forming the Public Employees Federal Credit Union in 1982, and added Sacred Heart Credit Union to the mix in 1983. In 1996, we changed our name to Pacific Cascade and in 1999 we became the first community credit union in Lane County. Today, we have three locations in Lane County.
The Credit Union Difference
What is the difference between a credit union and a bank? All credit unions are member-owned by people with a common bond, such as working for the same employer, or living in a certain area. A volunteer board of directors guides the credit union. These board members are also credit union members, and are elected by the membership.
Any profits from credit union operation are given back to the members, possibly as higher dividends, lower loan rates, or by being offered more services. Banks, on the other hand, are in the business of making a profit for their stockholders. They have customers, not members.
Banks and credit unions do share some things in common. Both types of organizations insure your savings. Both are regulated to ensure that they are financially sound. Pacific Cascade is federally insured through the National Credit Union Administration (NCUA) Insurance Fund. Read more about how your funds are insured in this handout: NCUA How Your Account Is Insured (PDF).
Become a Board Member
Our current Board of Directors is a hard working group of members that meet monthly to ensure Pacific Cascade is operating in the best interest of the membership as a whole. This group of dedicated members (elected to serve) are all volunteer and act on behalf of all members to create a financial institution that serves the specific needs of the membership. Of course those needs are always changing, keeping board members on their toes and well-engaged in the overall service and offerings of PCFCU.
Meet your Board of Directors:
Meet your Supervisory Committee Members:
If you are interested in becoming a member of our board, contact us today!