Board of Directors Brian Sutton, Chairman Joseph Mitllieri, Vice Chairman Gary Greving, Secretary Kelley Mayer, Treasurer Richard B. Rothwell, Director Michael Brigagliano, Director Sally L. Arnett, Director Gerald Polyascko, Director Amanda Cook, Director
Frontwave Credit Union, as of 2023, has more than $1.4 billion in assets and 122,000 members.[2]
Membership
Frontwave Credit Union is owned and governed by its members. Like all credit unions, they have a field of membership that designates who may join. To qualify for membership one must live or work in San Diego County, Riverside County, or San Bernardino County, or be an immediate family member of a current Frontwave Credit Union member.[3] Also, per the NCUA's by law of "once a member, always a member" membership with Frontwave Credit Union may continue should the member decide to relocate.
Frontwave Credit Union, as a financial cooperative, provides access to nearly 30,000 surcharge-free ATMs nationwide, 9,000+ of which accept deposits.[4] In addition, there are nearly 5,000 credit union branches and over 2,000 self-service locations through the shared branching network.[5]
History
Founded in 1952, Frontwave Credit Union began aboard MCB Camp Pendleton and was originally chartered as Camp Pendleton Federal Credit Union. The initial charter was for membership of active and retired civil service employees.
In 1955 the charter was expanded to include active and retired military personnel.
In 1965 the credit union merged with Naval Ammunition Depot Federal Credit Union.
In 1968 a merger took place with 29 Palms Credit Union.
In 1975 the name changed to Marine Corps West Federal Credit Union, and a new headquarters was constructed aboard MCB Camp Pendleton.
In 1980 a merger with Marine Corps Recruit Depot occurred.
In 1982 they merged with Barstow Community Federal Credit Union. They also added the U.S. National Training Center at Fort Irwin to their charter.
In 1995 the credit union assumed administrative management of the Recruit Direct Deposit Program. The program was so successful that the credit union was awarded the "Golden Hammer Award" in 1997 by Vice President Al Gore for reducing government waste.[6]
In 2002 the credit union changed from a Federally Chartered to a State Chartered (Community) credit union, which included the counties of San Diego and San Bernardino. This is also when the name was changed to Pacific Marine Credit Union (PMCU).
In 2010 the credit union moved their headquarters from MCB Camp Pendleton to Oceanside.
In 2018 the credit union changed their name from Pacific Marine Credit Union to Frontwave Credit Union.
Notes
↑ "Frontwave Credit Union Website- Locations" "Archived copy". Archived from the original on 2015-04-02. Retrieved 2013-07-09.{{cite web}}: CS1 maint: archived copy as title (link). Retrieved on 2013-07-09.
↑ "CO-OP Network Website- About CO-OP" Retrieved on 2013-07-09
↑ "CO-OP Network Website- About CO-OP" Retrieved on 2013-07-09
↑ "Pacific Marine Credit Union Battles Ups and Downs of Military Membership that is Tied Closely to War in Iraq" CUTimes
This page is based on this Wikipedia article Text is available under the CC BY-SA 4.0 license; additional terms may apply. Images, videos and audio are available under their respective licenses.
