About Us

City of Downey Federal Credit Union is a not-for-profit financial institution owned and operated by its members through a democratically elected board of director who volunteers their time. The credit union was founded in 1957 by Downey City firefighters and started as the Downey City Employees' Federal Credit Union. We primarily serve the Downey City Employees and their families. The credit union also serves a number of Special Employer Groups (SEGs) whose employees and family members can also take advantage of the various products and services the credit union has to offer.

Our SEGs include:

• Park Water Company
• SEAACA
• Downey Dental Center
• Downey Engineering Company
• Jiffy Lube & Oil Company
• Downey Rose Float Association

The name City of Downey Federal Credit Union was adopted in 2003 to better describe our diverse field of membership within the City of Downey. Also in 2003, the credit union became part of what the credit union industry refers to as the Shared Resource Solution (SRS), a term coined for us by the industry to specifically describe our unique structure of sharing management and expertise with other credit unions. We are currently an SRS with CalCom ($28-million in assets), Mattel ($25-million in assets) Federal Credit Unions, and Watts United Credit Union ($1.5-million in assets).

Your Board of Directors

Andy Doyle Chairman
Richard Redmayne Vice-Chairman
Tony Vasquez Treasurer
Carolyn Sylvia Secretary
Louis Atwell Director

Your Supervisory Committee

Shirley Conte Chairperson
Annice Kim Committee Member
Janet Benavides Committee Member

Professional Staff

Jon Hernandez President/CEO
Jay Lee Technology and Compliance Officer
Monica Marin Lending & Operations Supervisor
Conrad Tan EFT & Accounting Supervisor
Gaby Santiago Member Service Representative
Karla Ramos Member Service Representative