OE Federal Gives Back
In more than just one way
OE Federal Credit Union believes in giving back! Our focus is not only to provide affordable products and services, but to also support our union family and the local communities in the areas where we all live, work, and play. To OE Federal, building lasting relationships and supporting our union brothers and sisters with resources and financial support is what makes our OE Federal family strong!
OE Federal provides resources to our members and local communities in various forms, such as sponsoring events, supporting and donating to charities, volunteering at events, member education, assistance in saving for retirement and giving back to our members with our dividend programs.
Below you’ll see what we’ve been up to throughout the year. Thank you for being part of our union family and helping to make these programs successful.
Member Loyalty Program - February 2017
In 2016, OE Federal enhanced its Member Loyalty Program to include a new dividend payout to members with deposits. This change increased a number of members who would qualify for a year-end bonus.
Two payouts were made, the Borrower Loyalty and Depositor Loyalty Dividends. In total, the Credit Union paid back to members with this program $431,000. – That’s adding value to the membership.
Auto Bonus Deposit - January 2017
OE Federal created its Auto Bonus Deposit to thank members for financing an auto loan with the Credit Union. For 2016, OE Federal paid back a total of $328,000 in rebates to members who financed or refinanced an auto in 2016. We’d like to thank the membership for their support and loyalty.
Charitable Donations - January 2017
OE Federal believes in supporting not only the Union movement but our communities at large as well. Over the course of the year for 2016, the Credit Union has donated $60,500 to various Union specific charities and events, as well as other community charities such as local food banks and toys-for-tots. OE Federal is very proud to support our membership and the communities in which we serve.
Relay for Life, Livermore – June 2016
OE Federal is happy to once again support Relay for Life, Livermore. This is a 24-hour volunteer celebration of life to raise money and awareness for the American Cancer Society. This year’s event was held on June 25, 2016 at Livermore High School in California.
Relay for Life, Livermore was proud to have 26 Relay for Life teams, including our Hard Hats Against Cancer team (HHAC), which consisted of 25 team members (OE Federal employees, family members, and friends). We’re excited to announce that HHAC won first place in all categories in 2016: Top Team Fundraiser, Top Individual Fundraiser, and Best in Show for “Mission Delivery,” for the topic of Skin Cancer and Sun Safety.
Collectively, the event raised $87,000 benefiting the American Cancer Society, with our Hard Hats Against Cancer team contributing over $22,000. OE Federal and Hard Hats Against Cancer are extremely pleased with this year’s event and are honored to have the opportunity to support such an important organization such as the American Cancer Society.
Thank you to all the volunteer donors - we are all touched by cancer whether you are a fighter, survivor, caregiver, or preventer.
SacTown Run – April 2016
On April 3, 2016, OE Federal Credit Union took part in the sixth annual Credit Union SacTown Run held in Sacramento, California. More than 2,000 runners participated with over 800 of those being various credit union employees, including 36 OE Federal employees and family members. This event continues to grow every year, with nearly $200,000 raised benefiting the Children’s Miracle Network Hospitals of California and Nevada.
Christina Boyd, VP Member Services said, “The morning run is filled with fun, comradery, and inspiration. It’s great to see your co-workers and family members challenge themselves while benefiting a great cause.” She continued, “This is the 5th year I have participated in SacTown, and is something I look forward to every year. I am the parent of a child who needed Children’s Hospital services, so this event is very near to my heart.”
OE Federal was proud to take part in this wonderful event. Thank you to the runners, spectators, and event staff who made the SacTown Run possible. We look forward to next year’s event.
Union Rebate Program – March 2016
OE Federal Credit Union believes in giving back to our union brothers and sisters, as well as local communities. That’s why we developed our Union Rebate Program. When members use their OE Federal Visa STEEL Cards, 1% of the total annual interest paid is donated by the credit union to the preferred charity of their Local Union.
For 2015, we proudly helped donate $45,273 to different Local Union charities.
Auto Bonus Deposit – January 2016
OE Federal Credit Union created its Bonus Deposit Program to thank members for financing or refinancing an Auto Loan. Through this program, members receive a special $100 Bonus Deposit that is deposited directly into their primary account within 60 days of loan funding.
In 2015, we gave each member who financed or refinanced an Auto Loan with OE Federal $100, totaling $340,800.
OE Federal's Bonus Deposit Program is ongoing, so if you’re interested in financing or refinancing and Auto Loan with us, call 800.877.444 or apply online by clicking here.
In 2011, OE Federal Credit Union implemented a Loyalty Deposit Program that pays 1% of the total interest paid back to its members who have a loan with the credit union.
What does this mean? OE Federal pays you back just for a having an auto loan, home loan, or Visa STEEL Credit Card! In December 2015, through this program, we paid over $213,700 back to our members.
*Important Tax Notice: The Loyalty Deposit will be treated as taxable income and will be reported to federal and state tax agencies as required. Please consult with a tax professional if you have questions concerning the tax implications of this dividend payment.
Onsite Breakfast – Middletown Valley Fire – November 2015
On November 13, 2015, OE Federal Credit Union visited Middletown in Lake County California. In September of this year, Lake, Napa, and Sonoma Counties in Northern California were devastated by a wildfire known as the "Valley Fire." In total, over 76,000 acres and more than 1,900 structures including 1,280 homes burned. Rehabilitation is underway and although heavily damaged, Middletown is part of that effort.
OE Federal sent a team to thank those who are helping to rebuild the community by providing a catered breakfast to over 400 Union workers of all trades; many of whom live locally, making sure that the community stays employed during this difficult time. OE Federal would like to thank Operating Engineers Local 3 and Pacific States Environmental for their assistance in coordinating the event and allowing the Credit Union to be onsite.
Onsite Luncheon – Papich Construction – August 2015
OE Federal Credit Union continues to support its Union brothers and sisters by visiting job sites to provide "free lunch" to members. In August 2015, we visited Papich Construction in Dinuba, CA where they worked on expanding the highway.
The Credit Union would like to thank Operating Engineers Local 3 for assistance in coordinating the event and Papich Construction for allowing the Credit Union on site.
Member Appreciation Days – 2014
Throughout the year in 2014, OE Federal Credit Union celebrated its 50th anniversary with our Member Appreciation Days where branch offices served drinks and light snacks for members.
Onsite Luncheon – Warm Springs BART Extension – November 2014
On November 14, 2014, at the Warm Springs Bart Extension, OE Federal Credit Union provided a BBQ luncheon to approximately 300 union workers of all trades. These hardworking union brothers and sisters are helping add 5.4 miles of new tracks from the existing Fremont Bart station to a new station in the Warm Springs District in Fremont, CA.
Again, the credit union would like to thank Kiewit for their assistance in coordinating the event and allowing the credit union to be onsite.
Onsite Luncheon – Syar Quarries in Napa and Vallejo – October & November 2014
On October 29, 2014, OE Federal Credit Union provided lunch to approximately 50 union workers at the Syar Rock Quarry in Napa, CA. Also, on November 21, 2014, the credit union provided lunch to approximately 100 union workers at the Syar Rock Quarry in Vallejo, CA. These union brothers and sisters work hard to provide construction grade rock products.
OE Federal would like to thank Syar Industries for allowing the credit union to show its gratitude to our union family for all that they do, now and in the future.
Xpress Data, Inc. Credit Union Chili Challenge – August 2014
On August 2, 2014, OE Federal Credit Union competed in the Xpress Data, Inc. (XDI) Credit Union Chili Challenge located in Del Mar, California. Team OE Chili Bytes, represented the credit union and consisted of Albert Leung, Russell Angeles, and Ed Hayes of OE Federal’s IT Networks Department.
The competition in Del Mar was tough, but the OE Chili Bytes stood out with their sweet and spicy style chili placing 3rd out of 10. For their 3rd place finish, OE Federal Credit Union won a cash prize of $1,500 benefiting the American Cancer Society.
Again, congratulations to OE Federal’s OE Chili Bytes on their outstanding 3rd place finish and the donation to the American Cancer Society. OE Federal Credit Union can’t wait to compete next year!
Onsite Lunch – Folsom Dam – July 2014
On July 30, 2014, OE Federal Credit Union provided lunch to approximately 300 workers at the Folsom Dam job site in Folsom, California. Ron Poff, SVP said, “we’re glad we can provide lunch to all the hard working union brothers and sisters; this is just another way we try to show our appreciation to our members.” The credit union would like to thank Operating Engineers Local #3 and Kiewit for their assistance in coordinating this event.
Relay for Life – June 2014
OE Federal Credit Union has been a part of Relay for Life, Livermore, for the past six years, sponsoring our Hard Hats Against Cancer team. The volunteer event is a 24-hour celebration of life to raise money and awareness for the American Cancer Society.
For 2014, Hard Hats Against Cancer set out to raise $10,000 for the American Cancer Society through events, raffles, and the ongoing support of our OE Federal members and employees.
On June 21-22 at Livermore High School in Livermore, California, Hard Hats Against Cancer members camped overnight and took turns walking a track in support of cancer prevention, its survivors, and those we have lost. After this weekend event, Hard Hats Against Cancer is proud to have raised over $12,000 surpassing their goal.
Onsite Lunch – San Clemente Dam – June 2014
On June 5, 2014, OE Federal Credit Union visited the San Clemente Dam job site in Carmel, California where we provided lunch to approximately 100 union workers. “This day couldn’t be more perfect. The weather is great and it’s an honor to be able to provide lunch to hard working members,” said Ron Poff, SVP of Marketing, “This is just one more way we want to thank our members and show our appreciation to them, after all, we’re all union brothers and sisters.”
This event couldn’t have happened without the help of Operating Engineers Local #3 and Granite Construction. Thank you to both of these organizations for allowing us to be onsite.
Open House – May 2014
We celebrated our 50th anniversary at our Open House on May 10, 2014, with over 200 members. Our Open House featured delicious food, music, tours of our building, an employee chili cook-off, and a time capsule ceremony that honored our members.