About Us

We started serving our community in 1957. Back in those days, our name was CLACKCO Federal Credit Union, and our community consisted of county, municipal, state, and federal employees who worked in Clackamas County. As a credit union, who we can serve is defined by our charter. There must be a “common bond” between all of our members, whether it’s a common employer, industry, or area of residence. In 1984, CLACKCO merged with Milwaukie Community Credit Union and became Clackamas Federal Credit Union.
Beginning in 2003, we were granted a charter change that allowed the credit union to serve anyone who lives, works, worships, or attends school in Clackamas County. This “Community Charter” greatly expanded who we could serve, and kicked off a period of growth. New branches were added in communities throughout Clackamas County.
In 2021, a charter expansion allowed the credit union to begin serving anyone who lives, works, worships, or attends school in Clackamas, Marion, Multnomah, Polk, Washington, and Yamhill counties. Our governing regulatory agency, the National Credit Union Administration (NCUA) can grant charter expansions when the credit union demonstrates an unmet need in the proposed new membership. The great thing about this is that it keeps our focus on meeting the common interests and needs of one specific group of people.
In 2023, Embold Credit Union was born. Our name is new, but the important things remain the same — our commitment to serving our members and our communities.