Cabrillo Credit Union

I last lived in California in 1980. So in the 45 years since then I’ve used the Cabrillo online features and have been treated like gold. I enjoy utilizing the online services and have tried to update my knowledge of its security features and know that it’s my job to compliment the online security features with a good account name and password. Good work. Keep up the excellent security features. I’ve had an account there since 1977. I’m not planning on going anywhere else after 50 years with Cabrillo.

CD rate is viable option current level. Annuity option all funds belong to company invested within a guarantee payment will be paid monthly till death but loose control over access. CD highest rate is depending upon term of investment higher return typical shorter duration. Longer term smaller rate of return. Credit union we are owners of entity. Our deposits are our shares. Banks can use our deposits pay less than 0.001% monthly and we have no say. If I could transfer all of my reserve fund holdings into this credit union I would. King Edward Trust of which I inherited his accounts if up to me would be withdrawn from federal reserve and put into this credit union. I hate owning a bank. I prefer owning a credit union. We get a vote. At banks we get no vote. Even as majority depositor of bank. Share holders get a vote at a bank but depositors ……. over every time. I love Cabrillo Federal Credit Union. I love San Diego Credit Union. Only deposit up to $250,000 per institution insured amount. Any more is at risk of loss. Banks only insure $250,000. Remember when default upon debt occurs the rates will rise due failure of minimum payments made are now delinquent. What happens when delinquent on a bank credit card payment? Rate doubles. Every bank in USA will rise the rate upward of 14% minimum. Trust bylaws written into algorithms calculated upon by the contracts made upon every debt made are variable rates. Except fixed rate loans. Fixed rate loans are fixed at repayment rates. Borrow at own risk. Expect rates going up when idiots do not read fine print of money they borrowed from banks who never loose until they go bankrupt. Credit unions do not go bankrupt because owners are we the depositors whom deposit and decide matters ourselves. If up to me federal reserve would be no more than a memory due corruption by lobbyists writing bank secrecy act. Stop corrupt action and might change my mind. I have no voice within federal reserve. I have a choice to be a member of this credit union given by my vote upon our choices made.

The app and system sometimes shuts down and makes it wildly inconvenient for those of us that use it regularly. It really wouldn’t be a problem if it happened occasionally- but it happens entirely too often. I have never experienced that kind of frequency of technical difficulties anywhere else. They are also very strangely selective of when they post any charges; whether pending or not. And it’s not consistent enough for me to know or predict the difference. This is also incredibly frustrating because I will be so conscious of my spending and the app will keep such great track but then an online order will not even show up as pending and derail my entire calculation. What is the point of the app if it’s not going to accurately keep track of my spending? This is meant to be a tool for that. I am actually thinking of switching banks very shortly and the app failures are about 40% of the reason.