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Overview / Commentary
858-547-7400
10075 Carroll Canyon Rd
San Diego, CA 92131

Cabrillo Credit Union is headquartered in San Diego and is the 109th largest credit union in the state of California. It is also the 894th largest credit union in the nation. It was established in 1955 and as of December of 2013, it had grown to 53 employees and 24,621 members. Cabrillo Credit Union has a A+ health rating.

Field of Membership Restrictions

Must live or work in San Diego County. Also open to Federal government employees who live or work in San Diego or Imperial County. - See Details

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Health

Data for Q4 2013

Institution Health

A+

Texas Ratio

GRADE:
A+

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, 2013 Cabrillo Credit Union had $365,000 in non-current loans and owned real-estate with $24.68 million in equity and loan loss allowances on hand to cover it. This gives Cabrillo Credit Union a Texas Ratio of 1.48% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Cabrillo Credit Union experienced no significant changes from 1.49% as of December 31, 2012 to 1.48% as of December 31, 2013, resulting in a positive change of 0.70%.This indicates that the balance sheet and financial strength for Cabrillo Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Cabrillo Credit Union has increased its total deposits by $8.9 million, resulting in 5.17% 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 Cabrillo Credit Union has shown is excellent.

Capitalization

GRADE:
A

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. Cabrillo Credit Union has $206.76 million in assets with $24.68 million in equity, resulting in a capitalization level of 11.93%, which is excellent.

Institution Statistics

Overall
NCUA #68409
Year Chartered1955
Employees53
Primary Regulator
Assets and Liabilities
Assets$206.76 million
Loans$116.56 million
Deposits$181.07 million
Equity Capital$23.64 million
Loan Loss Allowance$1.04 million
Unbacked Noncurrent Loans$365,000
Real Estate Owned$0
Historic Data - December 2012
Assets$195.84 million
Equity Capital$21.46 million
Loan Loss Allowance$1.50 million
Unbacked Noncurrent Loans$365,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin5.64%
Return on Assets1.06%
Return on Equity9.23%
Interest Income$7.38 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Cabrillo Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Cabrillo Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.12%--Savings Account
0.12%--Young Explorers Account
0.12%--SOCAL Account
0.12%--Holiday Club Account

Cabrillo Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.25%$50k-Money Market Account

Cabrillo Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$10k-Advantage Checking
0.05%--Big Easy Checking
0.05%$10k-SOCAL Checking

Cabrillo Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.41%$10k-60 Month Share Certificate
1.31%$10k-48-59 Month Share Certificate
1.00%$10k-36-47 Month Share Certificate
0.50%$10k-24-35 Month Share Certificate
0.40%$10k-18-23 Month Share Certificate
0.35%$10k-12-17 Month Share Certificate
0.35%$10k-18 Month Bump Rate Certificate
0.25%$10k-6-11 Month Share Certificate
0.15%$1k-6 Month Expedition Certificate
0.15%$2k-3-5 Month Share Certificate
0.15%$500-12 Month SOCAL Certificate

Cabrillo Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.41%$10k-60 Month IRA Certificate (Traditional,Roth)
1.31%$10k-48-59 Month IRA Certificate (Traditional,Roth)
1.00%$10k-36-47 Month IRA Certificate (Traditional,Roth)
0.50%$10k-24-35 Month IRA Certificate (Traditional,Roth)
0.40%$10k-18-23 Month IRA Certificate (Traditional,Roth)
0.35%$10k-12-17 Month IRA Certificate (Traditional,Roth)
0.25%$10k-6-11 Month IRA Certificate (Traditional,Roth)
0.15%$2k-3-5 Month IRA Certificate (Traditional,Roth)
Locations


Cabrillo Credit Union Locations
Branch Office7900 El Cajon Blvd Ste BLa Mesa, CA 91942
Branch Office1265 Carlsbad Village Dr Ste 210Carlsbad, CA 92008-1972
Branch Office880 Front StSan Diego, CA 92101-8897
Branch Office358 E H ST Ste 603Chula Vista, CA 91910-7565
Branch Office10075 Carroll Canyon RdSan Diego, CA 92131