Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
Not Federally Insured
325 S Santa Fe Ave
Compton, CA 90221

Mid-Cities Financial Credit Union is headquartered in Compton and is the 268th largest credit union in the state of California. It is also the 3,364th largest credit union in the nation. It was established in 1955 and as of December of 2013, it had grown to 12 employees and 4,198 members. Mid-Cities Financial Credit Union has a C+ health rating.

Field of Membership Restrictions

Mid Cities Financial Credit Union membership is open to anyone who lives, works, worships or attends school in the following cities: Compton Carson Paramount Norwalk Bellflower Lynwood North Long Beach In addition, membership is available to employees and family members of the following educational organizations: Compton Unified School District Lynwood Unified School District Paramount Unified School District California State University Dominguez Hills El Camino College Compton Center Charles R Drew University of Medicine & Science Private & Parochial Schools within the districts we service Credit union membership is also open to: Immediate family members of any existing Mid Cities Credit Union member Employees of the credit union and members of their immediate families and households - See Details

Reviews (1)

Personal Loan

I recently applied for A Tax Loan Mid Cities offered to help member whom owe on Taxes. The loan was denied because I had a negative credit report, which has recently declined from almost 700 to 630 because I am making payment to Franchise and Federal Taxes. The total is $4,000. So I thought if I paid the taxes I would have $400.00 to pay other bills. Is it not understood if we owe taxes you know that your credit isn't perfect? It's like they dangle a carrot in front of your face but you will never get it.


Data for Q4 2013

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Mid-Cities Financial Credit Union has a low asset base.

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, 2013 Mid-Cities Financial Credit Union had $417,000 in non-current loans and owned real-estate with $5.12 million in equity and loan loss allowances on hand to cover it. This gives Mid-Cities Financial Credit Union a Texas Ratio of 8.14% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Mid-Cities Financial Credit Union decreased dramatically from 13.53% as of December 31, 2012 to 8.14% as of December 31, 2013, resulting in a positive change of 39.82%.This indicates that the balance sheet and financial strength for Mid-Cities Financial Credit Union has improved dramatically in recent periods.

Deposit Growth


In the past year, Mid-Cities Financial Credit Union has decreased its total deposits by $-792,000, resulting in -4.4% 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 Mid-Cities Financial Credit Union has shown is below average.



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. Mid-Cities Financial Credit Union has $22.31 million in assets with $5.12 million in equity, resulting in a capitalization level of 22.95%, which is excellent.

Institution Statistics

NCUA #95073
Year Chartered1955
Primary Regulator
Assets and Liabilities
Assets$22.31 million
Loans$14.03 million
Deposits$17.23 million
Equity Capital$4.98 million
Loan Loss Allowance$139,000
Unbacked Noncurrent Loans$417,000
Real Estate Owned$0
Historic Data - December 2012
Assets$23.42 million
Equity Capital$5.12 million
Loan Loss Allowance$227,000
Unbacked Noncurrent Loans$417,000
Real Estate Owned$334,000
Profit Margin - Quarterly
Net Interest Margin8.59%
Return on Assets0.7%
Return on Equity3.15%
Interest Income$1.33 million
Skip to rates for:

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

Mid-Cities Financial Credit Union Savings Account Rates

0.45%--IRA Share
0.45%--Roth IRA Share
0.05%--Regular Shares

Mid-Cities Financial Credit Union Checking Account Rates

0.50%$10k-Share Draft

Mid-Cities Financial Credit Union CD Rates

0.55%$500-18 Month CD
0.45%$500-12 Month CD
0.30%$500-6 Month CD

Mid-Cities Financial Credit Union IRA Rates

0.55%$500-18 Month IRA (Traditional,Roth)
0.45%$500-12 Month IRA (Traditional,Roth)
0.35%$500-6 Month IRA (Traditional,Roth)

Mid-Cities Financial Credit Union Locations
Branch Office325 S Santa Fe AveCompton, CA 90221
Branch Office727 Kingshill PlCarson, CA 90746-1223