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Schools Federal Credit Union


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.schoolsfcu.org
310-632-0100
20101 Hamilton Ave Ste 150
Torrance, CA 90502

Schools Federal Credit Union is headquartered in Torrance and is the 125th largest credit union in the state of California. It is also the 1,326th largest credit union in the nation. It was established in 1939 and as of March of 2025, it had grown to 34 employees and 16,538 members at 2 locations. Schools Federal Credit Union's CD rates are 5X the national average, and it boasts an A+ health rating.

Field of Membership Restrictions

Membership in Schools Federal Credit Union is open to employees and registered students of the Los Angeles Unified School District, Los Angeles Community College District, California State University Dominguez Hills, Lynwood Unified School District, Torrance Unified School District, Compton Unified School District, Westmark School, American College of Medical Technology, KLCS, Channel 58, Employees Club of California, or South Central Los Angeles Regional Center.
See current membership details

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Health
A+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #3526
Year Chartered1939
Employees34
Primary Regulator
Profit Margin
Return on Assets - YTD0.54%
Return on Equity - YTD4.44%
Annual Interest Income$1.8MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$186.3MM$181.2MM
LoansQ1 2025vs Q1 2024$90MM$88.8MM
DepositsQ1 2025vs Q1 2024$162.7MM$157.3MM
Equity CapitalQ1 2025vs Q1 2024$22.1MM$21.5MM
Loan Loss AllowanceQ1 2025vs Q1 2024$831K$768K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$347K$244K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Schools Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
6.60%$0-Summer Safeguard
3.03%$50-Coverdell Education Savings Account
1.00%$10-Teen Savings
0.10%$10k-"You Name It" Savings
0.05%$2.5k$10kChristmas Club

Schools Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%*$50k*-Premium Money Market
OTHER TIERS: 0.65% → $0 - $10k | 0.80% → $10k - $25k | 0.85% → $25k - $50k

Schools Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$10-Teen Checking
0.10%*$10k*-Advantage Checking
OTHER TIERS: 0.05% → $2.5k - $10k

Schools Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.90%$500-12 Month Relationship CD
4.20%*$90k*-12 Month CD
OTHER TIERS: 4.02% → $500 - $90k
3.98%*$90k*-18 Month CD
OTHER TIERS: 3.83% → $500 - $90k
3.56%*$90k*-24 Month CD
OTHER TIERS: 3.33% → $500 - $90k
3.46%$500-60 Month CD
3.35%*$90k*-36 Month CD
OTHER TIERS: 3.31% → $500 - $90k
3.35%*$90k*-48 Month CD
OTHER TIERS: 3.31% → $500 - $90k
3.24%*$90k*-6 Month CD
OTHER TIERS: 3.13% → $500 - $90k

Schools Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.90%$500-12 Month Relationship IRA
4.20%*$90k*-12 Month IRA CD
OTHER TIERS: 4.02% → $500 - $90k
3.98%*$90k*-18 Month IRA CD
OTHER TIERS: 3.83% → $500 - $90k
3.56%*$90k*-24 Month IRA CD
OTHER TIERS: 3.33% → $500 - $90k
3.46%$500-60 Month IRA CD
3.35%*$90k*-36 Month IRA CD
OTHER TIERS: 3.31% → $500 - $90k
3.35%*$90k*-48 Month IRA CD
OTHER TIERS: 3.31% → $500 - $90k
3.24%*$90k*-6 Month IRA CD
OTHER TIERS: 3.13% → $500 - $90k
0.15%$100-IRA Accumulation Account
Locations


Schools Federal Credit Union Locations
Branch Office20101 Hamilton Ave Ste 150Torrance, CA 90502-1306
Branch Office850 W CESAR E CHAVEZ AVELOS ANGELES, CA 90012-2131

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