CDFI Certified Institution


Community Development Financial Institutions – or CDFIs – are mission-driven financial institutions that are dedicated to providing financial services to meet the needs of economically disadvantaged individuals within underserved communities. CDFIs invest in local communities and the residents who live there by providing critically needed financing often unavailable from mainstream financial institutions.

CDFIs are certified by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund – known as the CDFI Fund. In order to become a certified CDFI, the financial institution must: have a primary mission of promoting community development; provide financial products and services; serve one or more defined low-income target markets; maintain accountability to the community it serves; and be a legal non-governmental entity.

All CDFIs share a common mission of serving low-income communities. CDFIs are commonly loan funds, credit unions, community banks, or venture capital funds. Certified CDFIs are part of a national network promoting economic growth in America’s underserved communities by financing businesses, creating jobs, and rebuilding neighborhoods. As a CDFI, Pacific Cascade Federal Credit Union puts the community first and values local, economic growth.

For more information visit this CDFI website.


The PCFCU Annual Meeting is scheduled for Friday, May 12, at 9:00 am at our Downtown Eugene branch at 1075 Oak Street. We will swear in our elected board members at this meeting. If you have any interest in running for the PCFCU Board of Directors, please submit a letter of interest by March 16, 2023. We have three positions up for election with two incumbent Board Directors rerunning for their current positions.  If you have questions, please call 541-343-6238.



Give us a call (800-477-3328) or email us at info@pacificcascade.org to see what position(s) we currently have available.


COVID-19 (coronavirus) — UPDATE

August 2022:  We are happy to be back to business, close to normal, with members in our lobbies with no mask or social distancing requirements. We will continue to offer members masks and hand sanitizer for use as they wish. We are keeping the plastic barriers in place for the time being. And, we will continue to be cautious and vigilant regarding maintaining clean member service areas.  We all just want to stay healthy!

We are short staffed from time to time and may need to close the lobby for an hour for staff to take a lunch. Both our Springfield and Downtown Branches will operate through our drive-ups during this time. We appreciate your patience.

Money Management Program Users for Quicken – Mint

If you use Quicken or Mint, please prepare for our conversion ahead of time.  Here are instructions for Quicken for Mac (Express Web Connect) or (Web Connect); Quicken for Window (Express Web Connect) or (Web Connect); or Mint.

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.

Our History

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. Early 2021 we were awarded five more counties to serve.  Today we serve the following counties: Lane, Linn, Benton, Coos, Lincoln and Douglas. Currently, we have three locations in Eugene and Springfield. As we gain members from our new counties, we will look to expand branches, ATMs and/or ITMs to best serve our growing membership.

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).