WHO WE ARE
Since 1951, Mattel FCU has been helping members and their families save, borrow, and build a brighter financial future.
WHO WE ARE
Since 1951, Mattel FCU has been helping members and their families save, borrow, and build a brighter financial future.
About Us
Mattel FCU serves Mattel Inc. employees and their families with financial solutions designed to help them thrive. From everyday banking needs to financial services for life's biggest milestones, we're proud to support the goals and aspirations of the people who make up the Mattel community.
Our Purpose
Mission
To provide financial services to the Mattel Family and Friends.
Vision
To be the financial institution of choice by the Mattel Family and Friends.
The Way We Play
Play with
Passion
By serving our Mattel family with a personal touch.
Play
Together
By partnering with Mattel and our members to provide quality service.
Play
Fair
By acting with unwavering integrity in all aspects of our work.
Play to
Grow
By striving to make a positive difference in the financial well-being of our members while seeking continuous improvement.
Leadership
Board of Directors​
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Kenen Angeles - Board Chair
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Randy Hollis - 1st Vice Chair
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Michael Palumbo - 2nd Vice Chair
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Raime Quick - Secretary
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Jon Hernandez - Treasurer
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Frank Canko - Advisory Council Member
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Jon Hernandez, CU President
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Sheri Gilbert, Operations Officer
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Rose Rodriguez, Loan Coordinator
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Alicia Quintana, Financial Service Repesentative
Management and Staff
Supervisory Committee
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Jackie Gertner, Supervisory Committee Chair
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Trudy Marshall, Member
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Jamie Bell, Member
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Frank Canko, ALCO Chair
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Jon Hernandez, Member
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Aron Harrington, Member
Asset-Liability Management Committee
What is a Credit Union
A credit union is a financial institution. Similar to other financial institutions, a credit union can offer a wide range of products and services such as Savings, Checking, CDs (Share Certificates), Loans, and much more. There is not much of a difference between products of a credit union and a bank. So, what makes a credit union different from other financial institutions?
Unlike banks that are open to everyone, credit unions serve specific groups of people. At Mattel Federal Credit Union, joining is easy! You’re eligible for membership if you work Employees of Mattel, Fisher-Price, and American Girl are eligible for membership. You are also eligible if you are a household member or family member (spouse, child, sibling, parent, grandparent, grandchild, stepparents, stepchildren, stepsiblings, and adoptive relationships) of a Mattel Federal Credit Union member in good standing. A household is defined as persons living in the same residence maintaining a single economic unit.
A credit union is a cooperative wherein its members are its owners. The general membership is represented by an elected board of directors who are members themselves and serves without compensation for their time. Each member, regardless of their balances on their accounts, gets to cast one vote and are eligible to be nominated as a director.
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Unlike for-profit financial institutions the main focus of a credit union as an institution is not for profit. Its main focus is to ensure its financial stability and sustain its growth to continually provide financial products and services to its members. In the process of doing business the credit union does make a profit, however a credit union's profit does not go into the pocket of shareholders or select individuals. It goes back to the credit union in the form of capital to further its stability as an institution, to new products and services, or back to the general membership in the form of higher dividends, lower loan rates, and lower fees.
As a Mattel Federal Credit Union member, you can take advantage of lower rates, higher savings dividends, and low or no fees. Such benefits are available to members, in part, because Congress granted credit unions a long-standing exemption from taxation, and with good reason.
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Not-for-profit credit unions return profits to members, and are led by an all-volunteer Board of Directors who are not compensated for their services. Credit unions also help the financially under-served, including members with below-average incomes, or those with limited or damaged credit. Banks, however, earn billions in profit from customers of their choosing, and pass those profits on to stockholders.
Historically, credit unions have had broad support from Congress. In fact, Congress reaffirmed the tax exemption status of credit unions in 1998. However, led by the Bankers' Association, a subcommittee of the House Ways and Means Committee met last November with the sole intention of reviewing the credit unions' tax exempt status. For now, no recommendation has been made. But if our tax-exemption were revoked, our not-for-profit status and your credit union advantage would be in jeopardy.
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As in all financial matters that affects you, we will keep you informed about this issue and work hard to protect your interests.
A credit union is a financial institution. Similar to other financial institution, a credit union can offer a wide range of products and services such as savings (regular shares), checking (share draft), certificates of deposits (share term certificates), loan products, and much more. Other than the name of the products, there is not much of a difference between products by a credit union and a bank. So, what makes a credit union different from other financial institutions?
Piggy Bank Press Newsletters
Piggy Bank Press is published by Mattel FCU on a quarterly basis to let our members know about our products and services, special promotions, community involvement and important information about the Credit Union.
Annual Report
2025 Annual Report
Get an overview of Mattel FCU's 2025's happenings. Click here
Career Opportunities
Mattel FCU offers challenging positions in an innovative and fun environment. We believe that by investing in great people we are investing in ourselves. We are small enough to care on a personal level, yet think big enough to know what we need to grow our business and provide more opportunities for personal and professional growth. Join our team and learn about the Credit Union difference!
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We are proud to be an equal opportunity employer.
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Join the Mattel FCU Team! We provide competitive compensation plan and benefit package that fosters work life balance.
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Accepting Resumes!
Please send to Briana Fao at bfao@calcomcu.org.
