News & Alerts
After the honor of serving as President & CEO of SCE FCU for more than 25 years, I will be entering the next phase of my life - retirement.Jan 01, 2016 | A Note From The CEO
After the honor of serving as President and CEO of SCE Federal Credit Union for more than 25 years, I will be entering the next phase of my life – retirement. I announced to our Board of Directors and management team two years ago that I would be retiring mid-year in 2016...Read More
Please join us...
Wednesday, April 13, 2016
Registration 5:30pm, Annual Meeting 6:00pm
SCE FCU Corporate Office, 12701 Schabarum Avenue, Irwindale CA 91706
The annual meeting will feature a report from the CEO, the Board Chair and the Supervisory Committee. We will also conduct an election for two (2) Board positions, each with a three (3) year term...Read More
Paying with your SCE FCU Visa Platinum Debit or Credit card is now easier and more secure than ever with Apple Pay™!
Apple Pay changes how you pay using contactless payment technologies and security features built into your iPhone 6, iPad Air 2 and iPad Mini 3. All have the ability to use your SCE FCU cards at more than 200,000 retailers nationwide. Look for one of these symbols at the register then simply hold your iPhone near the reader with your finger on Touch ID and your transaction is complete...
CardNav is our new smartphone app, allowing you to have more control over your debit card. You can set it up to:
- Send you a notification – on a real time basis – whenever your card is used. Many times, you’ve received the alert before your card is even handed back to you!
- Limit the locations where your card may be used, so unauthorized transactions in faraway lands won’t stand a chance
- Set limits for transaction amounts, enabling you to be alerted to large transactions...
Detailed budgeting, frequent monitoring of income and expenses, and prompt action to address potential cash flow problems are essential elements of financial planning for retirees. Despite careful planning and reasonable assumptions about investment returns, inflation, living costs, and other variables, retirees are likely to face many developments affecting their cash flow over the years.
Expenses vary depending on individual lifestyles and health. Income may be affected by changes in investment performance and interest rates. Other factors bearing on cash flow include changes in tax rates and alterations to Medicare, Social Security, and employer-provided retiree benefits...Read More
There’s nothing like a summer “blockbuster” to capture the terror of an extreme natural disaster, as in the 2015 movie San Andreas featuring action-star Dwayne “The Rock” Johnson. Though the film may draw some attention to the risk of earthquakes – in this case “the big one” in California – news footage of the recent devastation caused by two deadly earthquakes in Nepal is more realistic.
According to a recent study by the U.S. Geological Survey (USGS), the likelihood a magnitude 8.0 or larger earthquake will strike California in the next 30 years has increased from 4.7% to about 7.0%. Despite these odds, only about 10% of California homeowners currently have earthquake coverage...Read More
No one likes to think about people living in poverty, but it’s a growing problem that deserves our attention. 34% of children in the greater Los Angeles area, and 27% in Las Vegas, live at or below the poverty level. This is a trend likely to continue for generations to come without intentional intervention. According to the National Center for Children in Poverty, children who experience poverty are substantially more likely to live in poverty as adults.
Although this is a dismal forecast, it doesn’t need to be our reality. Education is the great liberator. The nonprofit founded by the Credit Union, the Center for Financial Empowerment, helps break the cycle of generational poverty for high school youth and young adults in our local underserved communities, and it happens through the power of financial education...Read More
LOS ANGELES, Calif. (December 16, 2015) – Weingart East Los Angeles YMCA has partnered with Senator Kevin De Leon, the California Highway Patrol, Panda Express and SCE Federal Credit Union to ensure thousands of children in East Los Angeles receive gifts and stuffed stockings this holiday season. More than 3,000 kids from ages six-months to 13 will open gifts, enjoy hot chocolate, Panda Express restaurant treats, a personal visit from Santa and listen to a choir singing holiday favorites...Read More
IRWINDALE, Calif. (December 1, 2015) - The Board of Directors of SCE FCU announced today that they have selected Daniel Rader to succeed Dennis Huber as CEO, effective June 30, 2016. Rader currently serves as Chief Financial Officer for SCE FCU. In his role, Rader has been instrumental in helping lead and manage the $634 million financial institution with over 52,000 members and 9 financial centers in two states...Read More