Bay Credit Union

3333 Clares St
Capitola, CA 95010
831-479-6000
www.bayfed.com

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Bay Credit Union is headquartered in Capitola and is the 54^th largest credit union in the state of California. It is also the 313^st largest credit union in the nation. It was established in 1957 and as of December of 2012, it had grown to 171 employees and 55,425 members. Bay Credit Union has a 4-star health rating.

Competitive Long-Term CD and IRA CD Rates at Bay FCU in CA - Local Only - 8/17/2010

Bay Federal Credit Union is offering competitive rates on two of its long-term CDs and IRA CDs: 3.05% APY for 5 years and 2.53% APY for 4 years. Minimum deposit is $10,000. The rates are 5 basis point ...

EXPIRED: 5.02% 60-Month CD at a California CU (Bay Federal) - 6/23/2008

Bay Federal Credit Union is offering a 5.02% APY 5-year CD. The minimum deposit is $10,000. A yield of 4.92% APY is available for a $1,000 minimum. The 3 and 4 year CDs are also fairly competitive with a yield of 4.08% APY and 4.34% APY for a $10,000...

5.76% 60-Month / 5.50% 12-Month CD at a California CU (Bay Federal) - 8/7/2007

Bay Federal Credit Union still has some high rate certificates although the rates have gone down since my last report in June. The highest yield is 5.76% APY for a 60-month term. Terms from one to four years also have comptitive rates ranging from 5.50%...

6.02% 60-Month / 5.76% 12-Month CD at a California CU (Bay Federal) - 6/23/2007

Bay Federal Credit Union has high yields on many of its certificate terms. The yields range from 5.76% APY for the 12, 18 and 24 month terms to 6.02% APY for the 5 year term (see rate sheet). The minimum deposit is $10,000. Rates of 0.10% less are...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Bay Credit Union Checking Account Rates

Apy	Min	Max	Product
0.01%	$2,500	-	Interest Checking
0.01%	$2,500	-	Business CheckingPLUS

Bay Credit Union Savings Account Rates

Apy	Min	Max	Product
0.02%	$25k	-	Titanium Savings Account
0.02%	$25k	-	Business Titanium Savings Account
0.01%	$100	-	Savings Account
0.01%	$100	-	IRA Savings
0.01%	$100	-	Roth IRA Savings
0.01%	$100	-	CESA Savings
0.01%	$100	-	SEP IRA Savings
0.01%	-	-	Business Savings Account

Bay Credit Union Money Market Rates

Apy	Min	Max	Product
0.02%	$25k	-	Money Market Account
0.02%	$25k	-	Business Money Market Account

Bay Credit Union CD Rates

Apy	Min	Max	Product
0.50%	$1k	-	5 Year CD
0.50%	$1k	-	Business 5 Year CD
0.30%	$1k	-	4 Year CD
0.30%	$1k	-	Business 4 Year CD
0.25%	$1k	-	3 Year CD
0.25%	$1k	-	Business 3 Year CD
0.15%	$1k	-	2 Year CD
0.15%	$1k	-	Business 2 Year CD
0.05%	$1k	-	1 Year CD
0.05%	$1k	-	18 Month CD
0.05%	$1k	-	Business 1 Year CD
0.05%	$1k	-	Business 18 Month CD
0.04%	$1k	-	6 Month CD
0.04%	$1k	-	Business 6 Month CD
0.03%	$1k	-	3 Month CD
0.03%	$1k	-	Business 3 Month CD
0.02%	$1k	-	2 Month CD
0.02%	$1k	-	Business 2 Month CD

Bay Credit Union IRA Rates

Apy	Min	Max	Product
0.50%	$1k	-	5 Year IRA
0.50%	$1k	-	5 Year Roth IRA
0.50%	$1k	-	5 Year CESA
0.50%	$1k	-	5 Year SEP IRA
0.30%	$1k	-	4 Year IRA
0.30%	$1k	-	4 Year Roth IRA
0.30%	$1k	-	4 Year CESA
0.30%	$1k	-	4 Year SEP IRA
0.25%	$1k	-	3 Year IRA
0.25%	$1k	-	3 Year Roth IRA
0.25%	$1k	-	3 Year CESA
0.25%	$1k	-	3 Year SEP IRA
0.15%	$1k	-	2 Year IRA
0.15%	$1k	-	2 Year Roth IRA
0.15%	$1k	-	2 Year CESA
0.15%	$1k	-	2 Year SEP IRA
0.05%	$1k	-	1 Year IRA
0.05%	$1k	-	18 Month IRA
0.05%	$1k	-	1 Year Roth IRA
0.05%	$1k	-	18 Month Roth IRA
0.05%	$1k	-	1 Year CESA
0.05%	$1k	-	1 Year SEP IRA
0.05%	$1k	-	18 Month CESA
0.05%	$1k	-	18 Month SEP IRA
0.04%	$1k	-	6 Month IRA
0.04%	$1k	-	6 Month Roth IRA
0.04%	$1k	-	6 Month CESA
0.04%	$1k	-	6 Month SEP IRA
0.03%	$1k	-	3 Month IRA
0.03%	$1k	-	3 Month Roth IRA
0.03%	$1k	-	3 Month CESA
0.03%	$1k	-	3 Month SEP IRA
0.02%	$1k	-	2 Month IRA
0.02%	$1k	-	2 Month Roth IRA
0.02%	$1k	-	2 Month CESA
0.02%	$1k	-	2 Month SEP IRA

Rates updated: 5/20/2013

Data for Q4 2012

Institution Statistics

BAY
NCUA #	12067
BankRate Report	View
Year Chartered	1957
Employees	171
Primary Regulator
Assets and Liabilities
Assets	$678.47 million
Loans	$435.52 million
Deposits	$565.23 million
Equity Capital	$44.23 million
Loan Loss Allowance	$7.57 million
Unbacked Noncurrent Loans	$4.14 million
Real Estate Owned	$1.26 million
Historic Data - December 2011
Assets	$650.94 million
Equity Capital	$39.91 million
Loan Loss Allowance	$7.53 million
Unbacked Noncurrent Loans	$4.64 million
Real Estate Owned	$860,000
Profit Margin - Quarterly
Net Interest Margin	4.74%
Return on Assets	0.59%
Return on Equity	9.1%
Interest Income	$24.74 million
Non-Interest Income	$12.37 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 Bay Credit Union had $5.4 million in non-current loans and owned real-estate with $51.8 million in equity and loan loss allowances on hand to cover it. This gives Bay Credit Union a Texas Ratio of 10.44% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Bay Credit Union held steady from 11.60% as of December 31, 2011 to 10.44% as of December 31, 2012, resulting in a positive change of 10.05%.This indicates that the balance sheet and financial strength for Bay Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Bay Credit Union has increased its total deposits by $35.52 million, resulting in 6.71% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bay Credit Union has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bay Credit Union has $678.47 million in assets with $51.8 million in equity, resulting in a capitalization level of 7.63%, which is below average.