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



Bay Credit Union is headquartered in CAPITOLA and is the 52nd largest credit union in the state of California. It is also the 311st largest credit union in the nation. It was established in 1957 and as of September of 2011, it had grown to 160 employees and 53,648 members. Bay Credit Union has a 3-star health rating.

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

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

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

Bay Credit Union Checking Account Rates

ApyMinMaxProduct
0.03%$2,500-Interest Checking
0.03%$2,500-Business CheckingPLUS

Bay Credit Union Savings Account Rates

ApyMinMaxProduct
0.08%$100k-Titanium Savings Account
0.08%$100k-Business Titanium Savings Account
0.05%--Savings Account
0.05%$100-IRA Savings
0.05%$100-Roth IRA Savings
0.05%$100-CESA Savings
0.05%$100-SEP IRA Savings
0.05%--Business Savings Account

Bay Credit Union Money Market Rates

ApyMinMaxProduct
0.07%$50k-Money Market Account
0.07%$50k-Business Money Market Account

Bay Credit Union CD Rates

ApyMinMaxProduct
1.01%$1k-5 Year CD
1.01%$1k-Business 5 Year CD
0.60%$1k-4 Year CD
0.60%$1k-Business 4 Year CD
0.40%$1k-3 Year CD
0.40%$1k-Business 3 Year CD
0.25%$1k-2 Year CD
0.25%$1k-Business 2 Year CD
0.09%$1k-1 Year CD
0.09%$1k-18 Month CD
0.09%$1k-Business 1 Year CD
0.09%$1k-Business 18 Month CD
0.07%$1k-6 Month CD
0.07%$1k-Business 6 Month CD
0.05%$1k-3 Month CD
0.05%$1k-Business 3 Month CD
0.03%$1k-2 Month CD
0.03%$1k-Business 2 Month CD

Bay Credit Union IRA Rates

ApyMinMaxProduct
1.01%$1k-5 Year IRA
1.01%$1k-5 Year Roth IRA
1.01%$1k-5 Year CESA
1.01%$1k-5 Year SEP IRA
0.60%$1k-4 Year IRA
0.60%$1k-4 Year Roth IRA
0.60%$1k-4 Year CESA
0.60%$1k-4 Year SEP IRA
0.40%$1k-3 Year IRA
0.40%$1k-3 Year Roth IRA
0.40%$1k-3 Year CESA
0.40%$1k-3 Year SEP IRA
0.25%$1k-2 Year IRA
0.25%$1k-2 Year Roth IRA
0.25%$1k-2 Year CESA
0.25%$1k-2 Year SEP IRA
0.09%$1k-1 Year IRA
0.09%$1k-18 Month IRA
0.09%$1k-1 Year Roth IRA
0.09%$1k-18 Month Roth IRA
0.09%$1k-1 Year CESA
0.09%$1k-1 Year SEP IRA
0.09%$1k-18 Month CESA
0.09%$1k-18 Month SEP IRA
0.07%$1k-6 Month IRA
0.07%$1k-6 Month Roth IRA
0.07%$1k-6 Month CESA
0.07%$1k-6 Month SEP IRA
0.05%$1k-3 Month IRA
0.05%$1k-3 Month Roth IRA
0.05%$1k-3 Month CESA
0.05%$1k-3 Month SEP IRA
0.03%$1k-2 Month IRA
0.03%$1k-2 Month Roth IRA
0.03%$1k-2 Month CESA
0.03%$1k-2 Month SEP IRA

Rates updated: 2/10/2012

Data for Q3 2011


Institution Statistics


BAY
NCUA #12067
BankRate ReportView
Year Established1957
Employees160
Primary Regulator

Assets and Liabilities

Assets$634.76 million
Loans$410.21 million
Deposits$517.72 million
Equity Capital$38.61 million
Loan Loss Allowance$8.79 million
Unbacked Noncurrent Loans$7.50 million
Real Estate Owned$302,000

Historic Data - September 2010

Assets$603.31 million
Equity Capital$38.20 million
Loan Loss Allowance$10.91 million
Unbacked Noncurrent Loans$5.37 million
Real Estate Owned$854,000

Profit Margin - Quarterly

Net Interest Margin3.73%
Return on Assets0.06%
Return on Equity1.06%
Interest Income$19.53 million
Non-Interest Income$6.77 million

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio3
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 September 30, 2011 Bay Credit Union had $7.8 million in non-current loans and owned real-estate with $47.39 million in equity and loan loss allowances on hand to cover it. This gives Bay Credit Union a Texas Ratio of 16.46% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Bay Credit Union held steady from 12.67% as of September 30, 2010 to 16.46% as of September 30, 2011, resulting in a negative change of 29.98%. This indicates that the balance sheet and financial strength for Bay Credit Union has held steady in recent periods.
Deposit Growth5
In the past year, Bay Credit Union has increased its total deposits by $27.76 million, resulting in 5.67% 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.
Capitalization2
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 $634.76 million in assets with $47.39 million in equity, resulting in a capitalization level of 7.47%, which is below average.
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