Question 1

What is Clearpath Federal Credit Union (ClearPath FCU)?

Accepted Answer

Clearpath Federal Credit Union is a federally chartered credit union headquartered in Burbank, California, serving over 10,600 members with approximately $214 million in total assets as of Q3 2025. Originally established to serve employees of Ralphs Grocery Company, Clearpath has evolved into a multiple common bond credit union primarily serving individuals in finance, insurance, real estate, and trade industries across Southern California.

The credit union operates through its corporate office and branch locations in Burbank, Glendale, Moreno Valley, and North Hollywood, providing a full range of financial services with a focus on personalized member service and competitive rates.

Question 2

When was Clearpath Federal Credit Union (ClearPath FCU) founded?

Accepted Answer

Clearpath Federal Credit Union was federally chartered in 1954 as Ralphs Employees Federal Credit Union. It was founded by a former Ralphs Grocery Company controller with the specific purpose of serving the grocery chain's sizable employee base.

As the credit union grew beyond its original membership base, it was later renamed Clearpath Federal Credit Union to reflect its increasingly diverse membership and expanded field of membership. This evolution allowed the institution to serve a broader range of individuals and businesses across multiple industries while maintaining its commitment to member-focused financial services.

Question 3

Where is Clearpath Federal Credit Union (ClearPath FCU) headquartered?

Accepted Answer

Clearpath Federal Credit Union is headquartered at 300 E Magnolia Blvd, Suite 401 in Burbank, California 91502. The corporate office is located in the heart of the Los Angeles metropolitan area, positioning the credit union to serve Southern California's diverse communities.

Question 4

Where does Clearpath Federal Credit Union (ClearPath FCU) operate?

Accepted Answer

Clearpath Federal Credit Union operates throughout Southern California with branch locations in:
• Burbank - Corporate headquarters
• Glendale - 340 Arden Avenue branch
• North Hollywood - 5160 Vineland Avenue, Suite 113 (located in a Ralphs-anchored shopping center)
• Moreno Valley - 12625 Frederick Street branch

The credit union serves members across Los Angeles, Orange, Riverside, and San Bernardino counties. As a multiple common bond credit union, membership is available to individuals working in specific industries including finance, insurance, real estate, and trade sectors, as well as their immediate family members and household members.

Clearpath also participates in the CO-OP Shared Branch network, allowing members to conduct transactions at thousands of shared branches nationwide.

Question 5

What services does Clearpath Federal Credit Union (ClearPath FCU) offer?

Accepted Answer

Clearpath Federal Credit Union provides a comprehensive suite of financial products and services designed to meet member needs:

Deposit Accounts:
• CleaRewards Checking - free checking with rewards
• CleaRewards Cash Back - checking account with cash back features
• Savings accounts including CleaRewards Saver
• Money Market accounts
• Certificates of Deposit with various terms
• Individual Retirement Accounts (IRAs)
• Youth savings accounts
• Business accounts

Lending Services:
• Vehicle loans with competitive rates (APR as low as 2.99%)
• Home loans and home equity loans
• Personal loans
• Credit cards
• Business and commercial lending
• Skip-A-Payment program

Digital Services:
• Online banking platform
• Mobile banking app
• Mobile wallet integration
• Bill Pay service
• Online loan payments
• Direct deposit
• Check reordering

Additional Services:
• Financial calculators
• AutoSMART car buying service
• Repos for sale program
• Clear Giving community program

Question 6

What makes Clearpath Federal Credit Union (ClearPath FCU) unique?

Accepted Answer

Clearpath Federal Credit Union distinguishes itself through several key features:

Historical Connection: The credit union maintains strong ties to its founding roots serving Ralphs Grocery employees while successfully expanding to serve broader communities across Southern California. This heritage demonstrates a commitment to serving working families and industry professionals.

Rewards-Based Products: Clearpath offers two distinctive checking account products - CleaRewards Checking and CleaRewards Cash Back - that provide members with tangible financial benefits for their everyday banking activities, setting them apart from traditional no-frills credit union accounts.

Strategic Branch Locations: By positioning branches in convenient retail shopping centers, including locations within Ralphs-anchored centers, Clearpath makes banking accessible where members already shop and conduct daily business.

Strong Financial Performance: The credit union has demonstrated impressive growth with a 27.3% increase in total assets year-over-year, 40.9% growth in total loans, and maintains a healthy 9.11% net worth ratio, reflecting financial stability and member confidence.

Community Focus: Through the Clear Giving program, Clearpath demonstrates commitment to community involvement and giving back to the areas it serves.

Question 7

What type of financial institution is Clearpath Federal Credit Union (ClearPath FCU)?

Accepted Answer

Clearpath Federal Credit Union is a federally chartered credit union regulated by the National Credit Union Administration (NCUA). It operates under a multiple common bond charter, which allows it to serve multiple groups of members who share common bonds of occupation or association.

Specifically, Clearpath's field of membership focuses on individuals employed in finance, insurance, real estate, and trade industries. As a credit union, Clearpath operates as a not-for-profit cooperative financial institution owned by its members. This structure allows the credit union to return profits to members through competitive rates, lower fees, and enhanced services rather than distributing them to external shareholders.

Membership is open to eligible individuals working in designated industries, their immediate family members (including spouse, children, siblings, parents, grandparents, and grandchildren, as well as step and adoptive relationships), and household members. The credit union also holds a low-income designation from the NCUA, allowing it to serve underserved communities and access additional resources to support member financial wellness.

Question 8

How has Clearpath Federal Credit Union (ClearPath FCU) performed financially?

Accepted Answer

Clearpath Federal Credit Union has demonstrated strong financial performance and robust growth metrics as of Q3 2025. The credit union achieved an impressive Return on Average Assets (ROAA) of 11.44%, significantly exceeding industry benchmarks and indicating strong operational efficiency and profitability.

The institution's growth trajectory is particularly noteworthy, with total assets increasing 27.3% year-over-year to reach $214.5 million. Total loans grew even more dramatically at 40.9% to $169.2 million, while deposits expanded 27.7% to $195.5 million. This synchronized growth across all major balance sheet categories demonstrates strong member demand and effective credit union operations.

Clearpath maintains a healthy loan-to-share ratio of 86.5% and a robust net worth ratio of 9.11%, both indicating sound financial management and regulatory compliance. The credit union is classified as "Well Capitalized" by NCUA standards, providing members with confidence in the institution's financial stability and ability to serve their needs for years to come.

Clearpath Federal Credit Union (ClearPath FCU)

in the United States 🇺🇸

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About Clearpath Federal Credit Union (ClearPath FCU) in the United States