July 2022
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The Latest
From the President

James Sessa

Happy Summer 2022!

The pandemic has certainly impacted the last few summers, but I’m hopeful you and your loved ones are planning fun, safe activities together. I’ve been pleased to see the return of some beloved community events like parades and festivals, and I recently returned from visiting close family on the East Coast. I am grateful we can return to some form of normalcy after a very long pause.


Mortgage Loan Services Gets a New Look & Waives the Origination Fee On Purchases & Refinances!

Buying a home?

Introducing our brand new mortgage loan info sheets. We've made the process easy to understand.

Apply online now at coastccu.org, and we'll waive the origination fee on purchases & refinances!


CCCU Fees Go Down!
While other institutions may be raising their fees, we’re dropping ours!
Each year, leaders from throughout the credit union review a wide array of fees. We look at updated information such as local competitors, costs to CCCU, member survey comments, and more to determine if changes are needed. With a goal of ensuring our fees are appropriate, competitive, and add value to your CCCU relationship, a list is proposed to our Board for approval.


Financial Planning
Three Reasons Inflation Could Be Near a Peak

Inflation continues to soar, dominating conversation and stretching consumer wallets. Last week’s inflation data saw consumer prices up 8.5% year over year, the most since the early 1980s, while producer prices were up 11.2%, the most ever. What can the Federal Reserve (Fed) do? Will it ever stop? Is this the 1970s all over again? There are many questions, but we do see some potentially good signs.


News & Events
Volunteer of 1st Quarter

Leah Morse
Security Administrator

Leah logged a total of 20 hours during the first quarter, cooking and baking for her daughters’ many fundraisers for the school's Europe trip. She also picked up trash for PacOut Green Team and worked the snack bar for McKinleyville Little League. Leah and the Information Systems team have many priorities in serving employee and member needs, so we are especially proud and grateful for Leah's commitment to her community also. Congrats and thank you, Leah!

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