California Banking Rates

California Credit Unions: First Imperial Credit Union

first imperial credit union
Credit unions aren’t like commercial banks — they’re run on a not-for-profit basis in the interests of their member-owners, not shareholders. If you’re looking to move your money to a California credit union, we’re willing to help by profiling credit unions near you.

This week, we’ll take a look at First Imperial Credit Union, the California credit union known for having the best rates on 24-month CDs in California.

About First Imperial Credit Union Deposit Accounts

First Imperial Credit Union is a California credit union with a number of deposit account options, including:

  • Savings Accounts with options for regular savings accounts, Christmas club accounts, summer savings accounts and savings accounts tailored for kids to learn financial responsibility.
  • Checking Accounts including standard checking, loyalty checking which offers no monthly fee for member-owners with direct deposit, business checking accounts and opportunity checking accounts for member-owners who haven’t been able to obtain traditional checking account services.
  • Other Savings Services including certificates of deposit, Roth and Traditional IRAs and money market accounts.

California Credit Union Loan Services

California credit unions, including First Imperial Credit Union also offer loan services. No matter what type of loan you and your family need, it’s offered at this California credit union. First Imperial Credit Union offers:

  • Credit cards
  • Credit lines
  • Home loans
  • Vehicle loans
  • Refinancing on auto loans

First Imperial Credit Union Membership Requirements

First Imperial Credit Union has very loose membership requirements that allow a broad range of people to do their banking at this California credit union. Specifically, anyone who lives in, works in or regularly worships in the Imperial Valley of California is eligible for credit union membership. It’s just that simple.

California Credit Unions And You

As California credit unions are run on a not-for-profit basis, they are sometimes better suited to your banking needs than large commercial banks. As the First Imperial Credit Union has such broad membership requirements, if you’re interested in opening up some banking services with a credit union, it’s worth stopping by to talk to a banker.