Working at Chevron Federal Credit Union | Glassdoor

Chevron Federal Credit Union Overview

Oakland, CA
201 to 500 employees
1935
Nonprofit Organization
Finance
$100 to $500 million (USD) per year
At $3 billion in assets, Chevron Federal Credit Union (CFCU) is a thriving and financially sound organization committed to great rates and personal service. Our commitment to members' needs has resulted in more than 80 years of success. CFCU is headquartered in ... Read more

Mission: Chevron Federal Credit Union is a not-for-profit financial institution dedicated to improving the economic conditions of its members by: Providing a safe place to save and borrow at competitive rates; Being service-oriented and member focused; Providing a broad range of products ... Read more

Chevron Federal Credit Union – Why Work For Us?


Welcome to Chevron Federal Credit Union (CFCU). Since 1935, the Credit Union has grown in financial strength and soundness. Our commitment to members' needs has resulted in more than 80 years of success. At the Credit Union, we emphasize timely, accurate, and courteous service because we know how important that is to you.

You're an Owner

When you deposit money into a credit union savings account, you become a member and an owner. While other financial institutions pay profits to outside stockholders, credit unions return their net earnings to their own member-owners through high dividends (interest) on savings and low rates on loans.

The Board of Directors sets policy while various committees provide guidance to the Credit Union's professional staff and oversee all aspects of the Credit Union's operations. These unpaid volunteers have a personal interest in the Credit Union's success because they are member-owners just like you.

It's a Private, Not-for-Profit Institution

Credit unions are government-chartered to serve specific, restricted groups of people based on some common bond. Services are typically custom-designed to meet the specialized needs of the field of membership. CFCU's Field of Membership is:

  • Employees of Chevron Corporation, its wholly-owned subsidiaries and select affiliates worldwide, and their immediate family members
  • Employees of the Law Offices of Pillsbury Winthrop Shaw Pittman LLP and their immediate family members
  • Chevron branded jobbers and dealers, federal lubricant marketers (jobbers), and their employees and immediate family members
  • Chevron Corporation Retirees (including retirees from Unocal 76, Texaco Corporation and any other Chevron merger company) and their immediate family members
  • Select contractors of Chevron Corporation, Pillsbury Winthrop Shaw Pittman LLP, Western Refining, and Aramco Services Company (please contact us to confirm membership eligibility), and their immediate family members
  • Family of CFCU members — parents, grandparents, children, grandchildren, spouse or domestic partner, siblings — even roommates or unrelated persons who live with you and share your household expenses
  • San Francisco persons who live, work, worship, or attend school in, or business and other legal entities that are located in, the Russian Hill, Telegraph Hill, North Beach, Chinatown, Financial District, Western Addition, South of Market, Potrero Hill, The Panhandle, The Mission, Bernal Heights, Bayview, Hunters Point, Portola, or Visitacion Valley neighborhoods (please contact us to confirm membership eligibility)
  • Maryland persons who live, work, worship, or attend school in, or business and other legal entities that are located in, Frederick, Thurmont, Woodsboro, Emmitsburg, or surrounding Frederick County areas (please contact us to confirm membership eligibility)
  • Members of the Contra Costa County Historical Society and Navy League of the United States, West Contra Costa, CA, Bakersfield, CA, El Paso, TX, and Honolulu, HI Councils

Once you join CFCU, you're a member for life.

A Credit Union Provides High Quality and Affordable Financial Services

Credit unions are cooperative organizations that began in Europe to combat the then-common practice of the wealthy lending money at high rates of interest to those less fortunate. People banded together in protest and started to pool their available money and lend it, at reasonable rates, to their peers in need. "People helping people" is the basic premise of credit unions — then and now.

Most large credit unions provide a full range of services that are equal to or better than those at other financial institutions. Credit unions typically have lower loan rates, pay higher dividends, and often have low or no fees. These are just some of the benefits of being a member of CFCU.

Service is Personal

With branches in eight states, our knowledgeable and friendly staff is ready to assist those members who prefer person-to-person service. Members who are not near a branch can rely on our Call Center Representatives, who take care of members all over the world by fax, telephone, and email.

Strong Federal Share Insurance

Funds on deposit at CFCU are insured up to $250,000 by the National Credit Union Administration (NCUA), an agency of the federal government. The share insurance coverage through the NCUA is similar to the insurance coverage provided to banks through the FDIC. Both insurance funds are back by the full faith and credit of the United States.

Chevron Federal Credit Union (CFCU) is one of the largest and most financially sound credit unions in the United States, dedicated to providing great rates and personal service to our members for more than 75 years.

The Credit Union offers a competitive compensation package, including incentive pay for all regularly scheduled employees, as well as an excellent benefits program which currently includes:

  • Paid sabbaticals
  • 401(k) with an annual 8% employer contribution
  • Paid Time Off (PTO) starting at 18 or 23 days per year and growing to 38 days per year
  • Medical, dental, and vision insurance for employees and their dependents
  • Short- and long-term disability insurance
  • Life/AD&D insurance in the amount of two times annual salary
  • Flexible Spending Plan
  • Tuition reimbursement

If you are a reliable job candidate who enjoys a fast-paced environment and believes in the Credit Union’s focus on teamwork, integrity, professionalism, and service orientation, please take a look at our job openings in your area. If you find a position for which you are qualified, we encourage you to apply!

Note that Chevron Federal Credit Union conducts thorough background checks and drug tests on all job candidates prior to hire. Chevron Federal Credit Union is an Equal Opportunity Employer.

Chevron Federal Credit Union Reviews

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James Mooney
26 Ratings
  • "WHAT IT IS LIKE TO WORK FOR CHEVRON FED. CRED. UNION"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Oakland, CA
    Current Employee - Anonymous Employee in Oakland, CA
    Recommends
    Approves of CEO

    I have been working at Chevron Federal Credit Union full-time (More than 8 years)

    Pros

    Chevron Federal Credit Union offers great benefits. Aside from 401K matching, they also give profit sharing added to 401K PLUS cash bonus every year. Paid time off is very generous as well. Also, they reward loyal employees with 1 month sabbatical with pay after 10 year. I am hoping to retire in this company.

    The only reason I am not giving it a 5 star is it is not perfect. That's all.

    Cons

    Can't think of any cons

See All 36 Reviews

Chevron Federal Credit Union Interviews

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  1.  

    Systems Administrator II Interview

    Anonymous Interview Candidate in Oakland, CA
    No Offer
    Negative Experience
    Average Interview

    Application

    I applied in-person. The process took 3+ weeks. I interviewed at Chevron Federal Credit Union (Oakland, CA).

    Interview

    I had gotten this interview via a headhunter. The interview was two and a half hours, which consisted of a 50 question English grammar exam. I met with the hiring manager and one other person on the team.

    Interview Questions

    • I was asked everything about IT from domain controllers to Cisco equipment commands to the OSI model.   Answer Question
See All 2 Interviews

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