
Corrections Federal Credit Union was established October 8th, 1959. The Corrections FCU was created to cater the financial needs of the California Department of Corrections’ employees, and their families.
Mission Statement:
We are a unique, mission-driven financial institution providing trusted financial services that support the financial goals of all members and their families, while expanding access to fair, affordable banking that strengthens financial stability and opportunity in the communities we serve.
Vision Statement:
We envision a future where every member and their family has a financial institution they can truly trust—one that builds lasting relationships, delivers a uniquely personal credit union experience, and creates real opportunity for all to achieve their financial goals.
Why Does Corrections FCU Exist?
We are a unique financial institution that builds trust by providing services that support the financial goals of our Members and their families.
What Are Our Core Beliefs?
- We believe that people deserve a financial institution they can trust and provide an opportunity to achieve their financial goals.
- We believe that establishing a relationship is essential so that we can provide a unique banking experience to our members.
- We believe that the Credit Union is a family owned banking institution, and the family is YOU!
Corrections Federal Credit Union is led by our Board of Directors and operated by a staff of highly qualified employees.
CORFED STAFF
BOARD OF DIRECTORS
Important Dates
August 5, 2026
New Salinas Branch Opens
Visit us at our new location at 1410 N Main Street and experience a new chapter for CorFed.
August 12, 2026
CTF Branch Temporarily Closes for Renovation
Construction begins as we invest in a refreshed branch experience for our members.










