CorFed

CorFed, established in 1959, has dedicated over six decades to meeting the financial needs of California Department of Corrections and Rehabilitation (CDCR) employees and their families. Our institution operates on the principle that members are family, offering tailored financial solutions including competitive auto loans, credit cards, personal loans, and home financing options. With exclusive membership benefits such as lower loan rates, reduced fees, and personalized service, we prioritize financial well-being through both digital innovation and in-person support. Our integrated online banking platform provides 24/7 access with features like remote deposit capture and bill pay, complemented by a mobile app designed for seamless financial management. As a member-owned cooperative, we emphasize community reinvestment and financial education, maintaining strong ties with public safety organizations across California.

Our team combines industry expertise with localized knowledge to deliver services that align with the unique needs of law enforcement and corrections professionals. Through partnerships with over 14,000 dealerships nationwide, we offer streamlined vehicle financing solutions while maintaining rigorous compliance with financial regulations. Our commitment to excellence is demonstrated through consistent rate transparency, no hidden fees, and a focus on long-term member relationships rather than transactional interactions. With physical services based in Soledad, California, our digital infrastructure ensures accessibility for members statewide. We maintain operational transparency through regular rate disclosures and policy updates, ensuring members can make informed financial decisions.