PFCU and CCCU Officially Merged on January 1, 2025
After PFCU members voted in the fall of 2024 to overwhelmingly approve the merger with CCCU, the companies merged on January 1. We kicked off the merger celebration by introducing two new products: Apex Checking, our high-yield checking account, and Mega Money Market. We are now preparing for System Conversion, which is set for June 1, 2025.
New Credit Cards Received Around April 6, 2025
Beginning June 2, 2025, cash advances can be done at an ATM, over the phone, or in a branch.
Use our dedicated credit cards app, CCCU Credit Cards, to manage your credit cards, make payments, view transactions, set limits, plan travel dates, and more. Click below to learn how to download and enroll in the app.
Monday, June 2, 2025 (9 am PST)
An upgraded Online and Mobile Banking experience, with Bill Pay and Zelle® integration.
Fully prepare yourself for the launch of the new digital banking platform by reading through our Digital Banking Hub:
Monday, June 2, 2025
After the merger, you will have access to our new Portland and Hood River branch locations, as well as the CO-OP Shared Branching network.
As for PFCU’s existing branches — our St. Vincent Branch, our PPMC Service Center, and our San Diego branch will still be available. Our Milwaukie Admin location will be officially closing on May 30, 2025.
A New Look Rooted in Our Legacy
Exciting changes starting June 2, 2025.
You will have access to over 5,000 credit unions nationwide, through Shared Branching, to make: deposits, withdraws, loan payments, and more.
Information on changes to your deposit accounts and how to navigate them, starting June 2, 2025.
Beginning June 2, 2025, all current PFCU branded debit cards will become inactive. If you have a checking account, you will receive a new debit card to replace the old one.
Your new debit card will begin working on Monday, June 2 at 7 a.m.
The ATM withdrawal limit on your new debit card is the same. However, the point of sale (POS) limit on your new card is decreasing from $7,500.00 to $5,000.00 a day. You may use your ATM or debit card, free of charge, at terminals participating in The Star System, Plus System, Co-Op, CIRRUS Network, and all CCCU and PFCU terminals.
Please note that access to Allpoint and MoneyPass ATMs will no longer be available starting in June.
Courtesy Pay is being discontinued as of June 1, 2025.
If you have accounts or personal loans linked as an overdraft transfer source, those accounts will remain linked. If we need to transfer funds from a linked account to cover an item, we will transfer in $25.00 increments from deposit accounts and $100.00 from loans.
Beginning June 2, 2025, all new (not currently set up) electronic ACH deposits, payments, and wire transfers must use the new CCCU Routing Number and Account Number.
To set up NEW electronic payments or deposits on or after June 2, you will need two numbers:
For most of our members, there will be no change to their account number.
If you happen to be in the small group of members who will experience a change, there will be a separate communication notifying you of the change.
How to find your account number in the new Online Banking platform beginning June 2, 2025:
DESKTOP:
MOBILE:
Routing Number: The new CCCU Routing Number is 323075136
Due to the ever-changing landscape of the financial services market, the Board of Directors and management of both credit unions thought this was the best path to continue meeting the financial needs of our members. Together, our organizations will continue to grow and evolve, helping us market to our community, implement new technologies and provide operational and administrative guidance. This support will ultimately translate into a deeper product and service mix for our membership.
This merger also marks the start of a new chapter for Shirley Cate, PFCU President and CEO, as she will be retiring upon completion of the merger. Congratulations, Shirley!
Larry Ellifritz, President and CEO of CCCU, will become the President and CEO of the combined organization.
This is a very positive event for both our credit unions, and our Board and management teams are excited to watch the evolution of the new combined organization.
They are a full-service credit union that was originally chartered in 1954 to serve the employees of Consolidated Freightways. Today, anyone who lives, works, worships, owns a business, or goes to school in either Multnomah, Washington, Clackamas, Columbia, Hood River, Yamhill, Clark, or Skamania counties is eligible to join CCCU. Potential members across the country can also join through our association membership program. We encourage you to visit their website at www.consolidatedccu.com to learn more about the credit union and the products and services they offer.
CCCU was originally formed by the employees of Consolidated Freightways in 1954. Now they serve over 20,000 members and have over $490 million in assets, serving members in all 50 states.
CCCU’s alignment with our credit union’s culture is a testament to our shared commitment to member service. Their dedication is reflected in the extensive range of top-notch products and services they offer. What’s more, our collaboration has expanded member access to a vast network of physical branches nationwide, ensuring convenience in financial transactions through CO-OP Shared Branching (Click Here to find a Shared Branch Location near you). Our 12-year partnership with CCCU has been incredibly fruitful, particularly in supporting our employees and members with their residential and commercial real estate financing needs. This synergy has not only strengthened our operations but also reinforced our mission to serve our community with excellence.
Yes, CCCU was ranked in the Top 100 for top-performing credit unions in the United States by S&P Global Market Intelligence. They rank at number 47 overall and number 2 in Oregon for financial stability.
If you have an account open at each credit union, your PFCU account will move over to CCCU resulting in two separate accounts, which is anticipated to be in June 2025.
The merger of a credit union is a significant event that often brings about a wave of change, but one of the most positive outcomes is the retention of all employees. This decision reflects a commitment to staff continuity and stability, which can be incredibly reassuring for the workforce. It means that the employees can look forward to being part of the new, larger entity, bringing their valuable experience and knowledge to the table.
PFCU will be officially converged into the CCCU banking systems on Monday, June 2, 2025. Your existing PFCU account will transition to a CCCU account. New benefits and features, like access to CCCU branches, Co-Op Shared Branching, and an upgraded Digital Banking platform will also be available starting Monday, June 2.
Disruptions to Bill Pay, and Online/Mobile Banking, will take place between May 22 – June 2.
Be sure to have your Bill Pays scheduled prior to May 23, and download your prior statements and your May 2025 account history in Online Banking before May 30.
Consult the Merger Guide PDF for full details.
Our merger with CCCU will bring new financial products like Apex Checking and Mega Money Market, a new digital banking platform with Zelle® integration, and more access to in-person banking through Shared Branching and the existing CCCU and PCU branches.
Leading up to our June 2, 2025 conversation, it’s important to note some disruptions to our Bill Pay and Digital Banking services taking place between May 22 – June 2.
Yes, CCCU is federally insured by the National Credit Union Administration (NCUA) just like our credit union and you will continue to have the same share insurance up to $250,000.
Rest assured, any automatic deposits and withdrawals using your account number will continue to process as usual, with no additional action needed from you.
Yes, If you have a checking account, you will receive a new debit card to replace the old one, which will become inactive on June 2, 2025.
Your new debit card will begin working on Monday, June 2 at 7 a.m.
You still have access to all PCU branch locations with the exception of the Administrative Office in Milwaukie, OR which closed on May 30, 2025.
Beginning on June 2, 2025 our members will be able to bank at CCCU branches, like the Slabtown location, Sandy Blvd. location, and Hood River location.
In addition to our organization's physical branch locations, Shared Branching is now available for all PCU members. Shared Branching gives you access to a nationwide network of other participating credit unions. As a member you will be able to access your money and complete a variety of transactions at these locations.
Enter your ZIP Code into the Co-Op Locator to see participating credit union locations near you. There are over 5,000 Shared Branch locations nationwide and over 20 participating locations in the Portland, OR area.