ALISO VIEJO, CA (February 1, 2024) — Capstone Federal Credit Union today announced that it has become a community-chartered credit union, expanding its capacity to serve the financial needs of businesses, families, and individuals in Orange County. The credit union is now able to serve over 600,000 new households in Orange County, within 51 specified Census tracts. People who live, work, worship, and attend school in those 51 Census tracts of Orange County are eligible for membership in Capstone Federal Credit Union.
“Capstone has always focused on providing superior service and addressing members’ financial needs,” says CFCU CEO Candice Landeros. “We now have the opportunity to expand our financial service offerings into our broader community, which is diverse, exciting, and engaged. We are really looking forward to serving the financial needs of more of our neighbors.”
CFCU began life in 1953 as Fluor Federal Credit Union, serving the employees of the engineering firm Fluor Corporation. In 2003, Fluor FCU became Capstone Federal Credit Union, transitioning from its sole sponsorship by Fluor Corporation, in order to expand and diversify its membership. Now, Capstone Federal Credit Union’s board has approved the expansion to community charter.
“This new charter will allow us to grow our membership and provide new, enhanced services for our longtime members,” says Landeros. “We believe that once you’ve been a CFCU member, you’re always a member, and we are so grateful to our longtime members for their loyalty and partnership.”
Capstone Federal Credit Union will continue to use its current name and offer financial products including checking and savings accounts; credit cards; competitive rates on mortgage, auto, RV, and boat loans; HELOCs and online banking services.
“Our members are the bedrock of our credit union,” says Landeros. “As a member-owned, not-for-profit financial co-operative, we always put our members’ needs first, and our core responsibility is to build our members’ financial strength and independence.”
Capstone Federal Credit Union is a member-owned, not-for-profit financial co-operative in Orange County, CA. The credit union offers financial products including checking and savings accounts; credit cards; competitive rates on mortgage, auto, RV, and boat loans; HELOCs and online banking services. For more information about Capstone Federal Credit Union, visit www.capstonefcu.coop
Candice Landeros
CEO
Capstone Federal Credit Union
949-716-5754, 800-854-7125
Candice.landeros@capstonefcu.coop
