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History

Celebrating Over 50 Years!

It was a simple idea...and it still works! In 1954 a group of Gas Company employees formed a credit union. Each employee who joined the credit union became a member-owner and shared in a higher return on savings and lower rates on loans. In the late 1960s, mergers with two other utility-related credit unions expanded our membership base and enabled us to expand and improve our financial products and to offer quality service to even more members. Now, over 50 years later, thanks to the loyalty and support of our members, E1 Financial now stands financially sound at $371 million in assets, and proudly serves over 22,000 members

Accounts at E1 Financial Credit Union are privately insured by American Share Insurance (ASI) to $500,000 per account. Accounts are not guaranteed by the Federal Government and if this institution fails, the Federal Government does not guarantee that depositors will get back their money. Accounts are not guaranteed by the State of California.