A Few Thoughts on Our 50th Anniversary
By Dale Verderano, President and Chief Executive Officer
In the blink of an eye, a tiny credit union started by a few college professors at a fairly new campus called San Fernando Valley State College, has grown into a $142 million full-service financial institution serving thousands of members all over the country.
That blink is actually 50 years. And I cannot be more proud to say that Matadors Community Credit Union—then Matadors Federal Credit Union—has evolved into an award-winning, financially-solid financial institution.
When the credit union was first formed, the only products offered were a standard savings account and personal loans. Over time, the credit union has added the products and services the community needed— checking accounts, retirement accounts, auto loans and mortgages. Today, we offer everything from free checking accounts, health savings accounts and mobile banking apps, to energy loans, home equity loans and much more.
I am also proud to say that many of our employees have been with the credit union for 20 years and longer. When you walk into an MCCU branch, you are greeted by the same, friendly and knowledgeable staff that you have come to know and trust.
For half a century, MCCU has never been bought or merged into another financial institution. We have remained independent and strong through the years, and will continue to effectively manage your credit union so we can serve you and your families for the next 50 years.
As we celebrate our Golden Anniversary with you—our loyal members—we remember our roots, the reason why the credit union was founded. We are here to help you achieve your goals, whatever they may be, from starting a new business to sending your child to college or purchasing your first home, with the same “small town” member service and convenient and affordable products and services you deserve.
Thank you for celebrating our Anniversary with us!