Altura Credit Union

Altura Credit Union is the largest credit union headquartered in Riverside County, California. It is federally insured and state-chartered, offering checking and savings accounts, commercial and residential mortgage loans, and wealth management services. It also belongs to the CO-OP Financial Services and CU Service Centers interbank networks.

WWW Official Site

History

Altura was originally founded in 1957 as Riverside Schools Credit Union in order to serve the banking and financial needs of county school district employees. In 1963, the charter was enlarged to include all school employees of Riverside County.
In 1984, RCSCU opened its 10,000th account and began offering VISA cards. RCSCU established its own ATM network in 1992.
In 1998, it merged with Riverside County Federal Credit Union, which served both private and public sector employees in Riverside County, and was re-named Riverside County's Credit Union.
In 2004, it was renamed Altura Credit Union.
In 2015, Altura and Visterra Credit Union announced a merger but retained the Altura name. The merger, which was finalized on August 1, 2015, created a $1.1 billion credit union with 118,000 members. On March 1, 2016, Altura completed the final phase of the merger process.

Operations

Altura's field of membership is set by the California Department of Financial Protection and Innovation. Membership in Altura is open to anyone who lives, works, worships or attends school in Riverside County, San Diego County, and select cities in Orange County and San Bernardino County. Following its merger with Visterra, Altura's field of membership expanded further to include U.S. military, government and civilian employees of the March Air Reserve Base in Riverside County, and retirees of the U.S. Armed Forces.
Altura operates a subsidiary company, Auto Expert. Auto Expert is an auto locating and buying service that assists Altura's members in finding and purchasing their next pre-owned or new vehicle. In 2007, Auto Expert received the California Award for Performance Excellence Gold Award. This award is the California equivalent of the Malcolm Baldrige National Quality Award.