OE Federal Credit Union

OE Federal Credit Union

Labor union-focused financial services provider

Overview

OE Federal Credit Union is a member-owned financial cooperative for union workers and their families. It offers savings, loans, and money-movement services to help members manage their finances. The company operates by pooling members’ deposits to fund loans and provide financial services through branches and digital channels, with profits returning to members as better rates and fewer fees. It differentiates itself by focusing on labor and unions: it serves 135 union groups across 32 trades and positions itself as the largest labor-based credit union in the United States, not a bank, with a long history dating back to 1964. Its goal is to support financial well-being for union members and their families by delivering tailored financial products and services and by growing a membership base across the union community.

About OE Federal Credit Union

Simplify's Rating
Why OE Federal Credit Union is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Livermore, California

Founded

1964

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Simplify's Take

What believers are saying

  • OE Federal markets no-fee mortgages, low-rate auto loans, and a 3.99% APR card.
  • Its 2026 site highlights mobile wallet controls and debit-card on/off features.
  • LinkedIn lists 82,500 members and Livermore headquarters, showing scale and operational continuity.

What critics are saying

  • Judge Jon Tigar denied OE Federal's $2.3 million breach settlement on September 16, 2026.
  • The 2023 ransomware breach exposed Social Security numbers, bank data, PHI, and IDs.
  • Members and regulators can pressure remediation, fees, and trust for years.

What makes OE Federal Credit Union unique

  • OE Federal is the country’s largest labor-based credit union, serving 82,500 members.
  • It serves more than 135 union groups across 32 trades.
  • Its field of membership centers on union workers, not general retail banking.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Paid Holidays

Paid Vacation

401(k) Retirement Plan

Employee Loan Discounts

Performance Bonus

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OE Federal Credit Union is Hiring for 5 Jobs on Simplify!

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