In Memoriam
It is with great sadness that we share the passing of Joseph Calderon.
Mr. Calderon brought a wealth of experience and left an indelible legacy of leadership in his role as Chairman of the Altura Credit Union Board of Directors and as a director for more than 20 years on the board. With 30 years as a commercial airline captain and extensive leadership roles at United Airlines, he also served 28 years in the Air Force Reserves, retiring as a Lt. Colonel. His background included time as a federal law enforcement officer and leadership positions in corporate and counseling sectors. A graduate of the United States Air Force Academy with a Bachelor of Science, Mr. Calderon served as a director at Altura since 2000, holding all executive positions and committee assignments.
Known for his community involvement, Mr. Calderon served on numerous corporate and volunteer boards, was an adjunct professor in personal finance, and a youth coach. He was also a motivational speaker, often presenting at credit union conferences, particularly on DEI and board member training. His dedication to the credit union industry stemmed from his passion for its community-focused, not-for-profit mission and the people it attracts.
Sadly, after a brief but courageous battle with cancer, Mr. Calderon passed away on February 2, 2025.
He left an enduring legacy, making a profound and lasting impact on every life he touched. His influence will always be remembered, and his charisma will continue to inspire for generations to come.
Intent to Run Application Packets & Petitions
Anyone desiring to be a candidate for the Board of Directors must file an Intent to Run, signed by 1/20 of 1% of the Members, but not less than one hundred Members. The Intent to Run must be received at Altura Credit Union’s principal office listed below. No nominations from the floor of the annual meeting will be permitted.
Application packets, including petitions, will be available for pick-up beginning February 3, 2025. Completed applications and petitions should have been submitted before May 2, 2025, to:
Attention Tammy Nelson
2847 Campus Parkway
Riverside, CA 92507
If you have any questions, please call Tammy Nelson, toll-free, at 1 (888) 883-7228, extension 5301.
Annual Meeting
Altura Credit Union’s Annual Meeting will be held on June 25th at 7 PM at Altura Credit Union’s headquarters, located at:
2847 Campus Parkway
Riverside, CA 92507
Altura Credit Union Members Approve Proposal to Convert
to a Federal Charter
(Riverside, Calif.) July 2, 2024 – Following a special meeting that took place on June 26, 2024, Altura Credit Union announced that its Board of Directors and Members voted to approve a proposal to convert from its existing California state charter to a federal charter. In terms of the next steps, Altura Credit Union will seek regulatory approval by submitting a formal charter conversion application to the National Credit Union Administration, which oversees federally chartered credit unions. Altura Credit Union estimates that the corresponding timeframe to obtain regulatory approval and complete the charter conversion process will be approximately six to nine months.
At present, Altura Credit Union’s field of membership covers those who live, work, worship, or attend school in Riverside County and certain cities in Orange County, San Bernardino County, and San Diego County. The conversion to a federal charter will not affect or change in any way, shape, or form, the status of Altura Credit Union’s existing members. Member deposits will continue to be insured by the National Credit Union Share Insurance Fund. Altura Credit Union will retain its name, and there will not be any corresponding staffing or personnel changes. The operations of Altura Credit Union’s existing 22 branch locations will also be unaffected, along with its website and online banking platform. Account/routing numbers, checkbooks, and services will also remain the same.
Following the conversion, Altura Credit Union will operate under a federal community charter that will cover both the metropolitan statistical area of Riverside County, California, and an associational bond. The conversion to a federal charter will allow Altura Credit Union to expand its membership eligibility, strengthen its ability to provide best-in-class financial products and services, and enhance its ongoing mission to ‘enrich lives and empower dreams.’
Altura Credit Union has been a trusted partner to over 195,000 Members since 1957, offering all the services expected from a full-service financial institution, such as business/personal checking and savings accounts, consumer (auto loans, personal loans, residential mortgage loans, etc.)/commercial lending products, and wealth management services.
For more information on Altura Credit Union, visit www.AlturaCU.com, or call 1-888-883-7228.
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About Altura Credit Union: Since 1957, Altura Credit Union has been dedicated to serving the communities of Riverside County. With over 195,000 Members and twenty-two branches, we are committed to enriching the lives and empowering the dreams of our Members, communities, and employees. When you choose to be a Member, you’re choosing to be effective in your own backyard. We know how important it is to be there when it matters most, and we collectively choose to make every decision with the purpose of bettering the lives around us. Altura Credit Union is much more than a financial institution; we’re an institution that bridges community, care, people, and finances. To us, you’re more than a number; you’re our family, our friend, and our neighbor. Membership in Altura Credit Union is currently open to anyone who lives, works, worships, or attends school in Riverside and San Diego counties; select cities in San Bernardino and Orange counties; as well as U.S. Military, U.S. Government and Civilian employees working at March Air Reserve Base in Riverside County; and retirees of the United States Armed Forces.
About Federal Credit Unions: Federal credit unions are member-owned, not-for-profit financial cooperatives that are regulated by the National Credit Union Administration (NCUA), an independent agency established by the U.S. government to regulate and supervise federal credit unions. For more information about federal credit unions, visit https://ncua.gov/
