I am excited and honored to welcome you to Nuvision Credit Union!
We are happy to share that Cooperative Center Federal Credit Union (CCFCU) members approved our merger partnership at a Special Member Meeting held on March 14, 2024. The CCFCU member vote was the final approval needed for the merger, and we are excited to welcome CCFCU members into the Nuvision family beginning June 1st. We look forward to joining forces with the CCFCU team to bring many new benefits to our collective members and our combined credit union.
FAQs
Yes, your routing number will change, and will be given a new 12-digit account number. We will honor and clear any outstanding Cooperative Center checks that have been written until February 1, 2025. We highly recommend that members order their new checks with their new account & routing numbers soon after June 3rd, to ensure they are available when needed.
No, any outstanding Cooperative Center checks will be honored and clear until February 1, 2025. If you have not finished your checks by then, please order new ones that will include your updated Nuvision routing number and account number.
Yes, if you’ve written checks in the past three months, you will receive a letter along with three checks with your new account and routing number. Please use these in the short-term while you wait for your new checks to arrive.
Yes. Nuvision offers Simple Free Checking and Young Adult Checking (members 13-23 years of age), which are both fee-free checking accounts.
ACH and Direct Deposit (Payroll Deposits and Government issued benefits, such as Social Security, Disability, etc.) will continue to process without interruption until February 1st 2025. However, it is recommended that any ACH/Direct Deposit information be updated at the members earliest convenience after June 3rd 2024.
Yes, any outstanding Money Market checks will clear against the newly mapped Money Market accounts.
- Members can originate a one-time payment or recurring payments to a loan(s) using Nuvision’s EZPay Portal, located on the website at Make a Payment (nuvisionfederal.com). Payment options include ACH and Debit Cards.
- Recurring monthly auto ACH to closed-end loans through an ACH Origination & Authorization Source, can be made from a savings or checking account from an external financial institution. Please note that the Routing & Account number are required.
- Recurring auto payments from internal account sources can also be set up through online banking
- If you have any questions or need additional guidance, please contact our Member Contact Center at (800) 444-6327.
For assistance on any loan delinquency, please contact our Collections Department at (866) 617-8517
Cooperative FCU does not assess an overdraft fee on transactions that overdraw your account $24.99 or less. After June 3, 2024, when our credit unions merge, this will no longer be available. After June 3rd any transaction that overdraws your account will incur a fee of $30, up to 4 fees per day.
Cooperative FCU does not assess an overdraft fee on transactions that overdraw your account $24.99 or less. After June 3, 2024, when our credit unions merge, this will no longer be available. After June 3rd any transaction that overdraws your account will incur a fee of $30, up to 4 fees per day.
Automatic Overdraft transfers are $2 for each transaction (no limit to the number of daily charges) with Cooperative. Automatic Overdraft transfers are a $7 charged per day (with unlimited transfers daily) with Nuvision. Nuvision also allows members to link their VISA Credit Cards as Overdraft Protection sources with no fees.
We are happy to honor all original terms and rates for certificates that come over. For the 18-month certificate, the term and rate will remain, but will convert over to a 12-month certificate on June 3rd. At 18-months, you will have the option to either close the certificate, renew it for a different term, or if no action is taken, it will auto renew for a new 12 months.
The Mobile Deposit maximum limit is set at $10,000.
The monthly limit/rolling 30-day limit for Zelle is $7,500.
Born nearly a century ago as the credit union of Douglas Aircraft, our values were forged in the factories and plants that made the region prosper. Helping build the lives of hard-working people has been our mission since the day we were founded. Nuvision Credit Union is here to provide you with specialized products, expert service, and financial tools to help you with the life you build.
Headquartered in Huntington Beach, CA, Nuvision FCU (www.nuvisionfederal.com) is a federally chartered, full-service credit union serving more than 160,000 members in California, Arizona, Washington, Alaska and Wyoming with assets of approximately $3.4 billion.
The merger between Nuvision and Cooperative Center will bring greater value and convenience from your credit union membership. After our credit unions are integrated, members will receive an important number of additional benefits:
Added Convenience and Access
- More locations for your convenience. There are 26 additional branches and the addition of the shared branch network. There are over 5,000 branches nationwide that will be available for members to bank at.
- Forty-seven proprietary ATMs available to members as well as the addition of the CO-OP Network of ATMs which provide fee-free access to 30,000 CO-OP ATMs nationwide.
- A toll-free, full-service contact center with extended weekend hours and live chat to assist members who prefer the convenience of banking by phone or online.
New Products and Services
- Mobile Banking, including text messaging and mobile check deposits
- Online banking including bill pay
- Investment services
- Credit cards
- Zelle transfer services
- Expanded in-house real estate services
- Business services, including commercial and business lending and business deposit services
- Added Advantage Loyalty member program that provides additional valuable fee waivers and rate incentives
Absolutely! Both Credit Union Boards are very excited about this partnership and the benefits it brings our members and communities.
With the member approval process now completed, we will begin integrating the operations of the two credit unions, which is targeted for completion by June 1, 2024. We will keep you updated on our progress in the coming months.
Members can feel very at ease with the financial stability of this merger, as both credit unions are independently successful, strong, and financially sound. We each have net worth ratios that exceed regulatory requirements to qualify as well capitalized, and both have avoided high-risk lending activities.
The name of our combined organization will be Nuvision Credit Union.
We’ve ensured that this is an easy transition for you! You will not need to open a new account. As we integrate our systems, all existing Cooperative Center FCU accounts will automatically be migrated onto Nuvision Credit Union’s system. We will work hard to make the integration as seamless as possible so that you may continue to conduct business as you always have.
Yes. We will provide you more specific information about your account number when we integrate our credit union systems.
You will begin to receive information when we get closer to system integration, which is scheduled for June 2024. As we get closer to this date you will receive a number of communications that will have important information regarding your accounts.
Many of the current products that you enjoy at Cooperative Center FCU are also available at Nuvision. You’ll be provided with more information as we combine the two credit unions. Existing certificates and IRA certificates will retain the same rates and maturity dates.
Yes, this information will be transferred to and recognized by Nuvision’s data processing system.
Nuvision Credit Union CEO Roger Ballard, will remain CEO of the combined organization. The same team from Cooperative Center will continue to serve members at the Martinez and Berkely branches after the merger.
Yes! Your accounts will remain safe, sound and federally insured through the National Credit Union Share Insurance Fund, a U.S. Government Agency, just as they are today.
Yes, of course! You will absolutely continue to receive the same personalized service you’ve come to expect from us. In fact, we’ll have the resources to offer you even better service. The primary reason for our two credit unions to explore this merger is to better serve our member-owners.
No, membership eligibility will not be affected. The combined credit union will continue to serve all of the organizations, companies and sponsors we currently serve. It will also provide credit union membership opportunities to new communities and members that we have been unable to serve in the past.
We’re here to answer your questions! Please don’t hesitate to call (800) 444-6327 if have any questions about this partnership and what it means to you.
