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MCCU History: 1963 to 2013
Matadors Community Credit Union (MCCU), formerly Matadors Federal Credit Union, was founded in 1963 by a group of San Fernando Valley State College (now Cal State Northridge, or CSUN) professors to fill a financial need for the faculty and staff of the university. By December 31, 1963, the Credit Union had 163 members and total assets of $13,392.

The Credit Union's first branch was on the 4th floor of the Library, operating Tuesdays and Thursdays from 12:00pm to 1:00pm. In 1964, the Credit Union moved its operations to Room 204 in the North Sierra Tower on campus, which was a faculty office. In later years, the office was moved to a small office in the Administration building. A few years later, they moved to an old farmhouse on campus on Etiwanda Avenue. In 1986, the Credit Union purchased its first building which became the Northridge branch on Reseda Boulevard, one block from campus.

Over the years, MCCU has expanded its membership base to include individuals affiliated with Cal State Northridge University, including students, alumni, athletic boosters, faculty, and staff.

In 2001, MCCU received a State charter allowing the credit union to open up its membership to anyone who lives, works or worships in the San Fernando, Simi or Santa Clarita Valleys.

Today, MCCU has two branches, in Chatsworth and Northridge. The Credit Union has been awarded Best Bank/Credit Union by the readers of the Los Angeles Daily News four times, most recently in 2012! The Credit Union remains financially safe and sound, continually receiving high star ratings from Bauer Financial. For more information on the safety and soundness of MCCU, please click here.

As of April 30, 2013 MCCU has $142 million in assets and serves almost 12,000 members.

>> Continue reading: MCCU timeline
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