Cal-Com Federal Credit Union is a nonprofit financial cooperative owned by its members. Democratically controlled, it was organized to serve and provide its members with a safe place to save and borrow at reasonable rates. The members pool their funds to make loans to one-another.
Members elect the board of directors who serve on a volunteer basis.
Cal-Com Federal Credit Union was chartered in 1968, as the Point Comfort Employees Federal Credit Union. In 1975 the credit union charter was amended and changed to a community charter. The field of membership was expanded to include persons who lived or worked in Calhoun County and members of their immediate family. The name of the credit union was changed to Cal-Com Federal Credit Union. In 1978, Cal-Com opened an office in Port Lavaca to better serve the members in Calhoun County.