USA FEDERAL CREDIT UNION OPENS EASTLAKE BRANCH - "SHOPS AT SAN MIGUEL RANCH” FACILITY IS CONVENIENT AND STATE-OF-THE-ART"

FOR IMMEDIATE RELEASE

San Diego, Calif., May 2, 2007– USA Federal Credit Union, headquartered in San Diego, CA, announces the grand opening of its newest branch in Eastlake (Chula Vista) to help anchor the San Miguel Ranch commercial center.

The Grand Opening festivities take place on May 5th from 11:00AM – 3:00PM at the new branch located at 2318 Proctor Valley Rd., Suite E-108, Chula Vista, CA 91914.

“This new branch is part of the impressively planned San Miguel Ranch development,” said Mary Cunningham, President/CEO of USA Federal Credit Union, “We will provide a full range of saving, investing, and financial services to the community.”

Those services include auto loans, home improvement loans, high returns on share certificates, no minimum checking, and flexible business services. A Walk-up ATM is available 24 hours a day. The branch is open with extended and convenient hours:

Monday – Friday: 10:00AM – 6:00PM
Saturday: 9:00AM – 3:00PM

In celebration of the opening, USA Federal Credit Union has very valuable special offers available for a limited time. Visit the new Eastlake branch and enjoy these limited time offers:

• Enter to win a $2,500.00 LOWE’s gift card for every new share savings, checking, loan, or investment product you open (Eastlake branch exclusive offer – Expires on June 30, 2007).*

• Get a 7.00% Annual Percentage Yield (APY) on a 7-month share certificate with as little as $1,000.00. (Eastlake branch exclusive offer – Expires on June 30, 2007).*

• Obtain a special Home Equity Line of Credit (HELOC) with rates as low as Prime Minus 1.00% Annual Percentage Rate (APR). We will even pay your closing costs up to $500.00.*

• Open a new Quick Credit Business Line of Credit of up to $50,000.00 and receive rates as low as Prime Minus 1.00% Annual Percentage Rate (APR), plus we will waive the initial $150.00 fee.*

• Open a new business checking account by June 30th and get a free checking account starter kit valued at $200.00!*

“We want to be your one-stop shop for everything financial,” said Alis Nicolaus, USA Federal’s Eastlake Branch Manager. “USA Federal offers FREE online services, including Online Banking with unlimited bill pay and eStatement, along with the added convenience of our 24-hour Telephone Center. With over 25,000 surcharge-free ATMs and more than 2,300 CU Service Center shared branches, accessing your money is quick and easy.”

San Miguel Ranch is a new community in Chula Vista, CA. It is scheduled to include two parks, including a 16-acre community park and a three-acre private gated neighborhood park with swimming pool, spa, tennis, basketball, tot lot and a distinctive recreation center with meeting, exercise and entertainment rooms and kitchen will provide endless opportunities year-round for family fun.

Other future amenities planned for San Miguel Ranch include a neighborhood commercial center; a proposed elementary school, and two community purpose sites, which may ultimately contain additional community services such as a day care center, senior center or places of worship.

     Founded in 1953 at the Naval Training Center in San Diego, USA Federal offers a full range of financial services, including business services and consumer savings, checking, mortgage and home equity loans, auto loans, debit and credit cards, share term certificates, IRAs and a 24-hour phone center.
     Online services include eStatements, QuickConnect Online and Bill Pay, as well as online loan applications and approval. Additional services include the BALANCE financial fitness program and investment and retirement planning offered by MEMBERS Financial Services.
     With more than 59,000 members and over $700 million in assets, USA Federal Credit Union operates 22 branches, including locations in San Diego and Riverside Counties, Las Vegas, Japan and Korea. Members of the non-profit financial cooperative include the military, civilians and select employee groups.
     USA Federal Credit Union is federally insured by the National Credit Union Administration. For more information, call (800) 220-1USA or visit www.USAFedCU.org.

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Note: USA Federal maintains the above information for archival purposes, which is presumed accurate upon release, however, data may become outdated over time and affect accuracy.