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8200 Granite Falls Dr
Bakersfield, CA 93312

Chevron Valley Credit Union is headquartered in Bakersfield and is the 133rd largest credit union in the state of California. It is also the 1,270th largest credit union in the nation. It was established in 1935 and as of March of 2014, it had grown to 46 employees and 13,816 members. Chevron Valley Credit Union has a A health rating.

Field of Membership Restrictions

The following is a list of eligible members: *Any resident of Kern County, CA *Anyone who regularly works in Kern County, CA *Employees of Chevron and its subsidiaries and affiliated companies in the Northern Division Marketing areas in California *Jobbers and Dealers contracted to Chevron in the Bakersfield and Fresno District marketing areas *Employees of companies belonging to the Independent Oil Producers Agency *Members and their employees belonging to the Taft District Chamber of Commerce *Members and their employees belonging to the North of the River Chamber of Commerce, Bakersfield *Employees of the City of Taft *Students of West Kern Community College District (Taft College) *Members and their employees of the Kern County Hispanic Chamber of Commerce *Employees of the City of Maricopa and members of the Maricopa City Council *Employees of CoreMark International *Employees of the Taft Correctional Institution *Relatives by blood or marriage of credit union members *The spouse of any deceased member, providing they join within six months after the death of said member. - See Details

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Chevron Valley Credit Union had $542,000 in non-current loans and owned real-estate with $14.59 million in equity and loan loss allowances on hand to cover it. This gives Chevron Valley Credit Union a Texas Ratio of 3.72% 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 Chevron Valley Credit Union experienced no significant changes from 3.53% as of March 31, 2013 to 3.72% as of March 31, 2014, resulting in a negative change of 5.39%. This indicates that the balance sheet and financial strength for Chevron Valley Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Chevron Valley Credit Union has decreased its total deposits by -$2.05 million, resulting in -1.75% 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 Chevron Valley Credit Union has shown is 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. Chevron Valley Credit Union has $130.84 million in assets with $14.59 million in equity, resulting in a capitalization level of 11.15%, which is excellent.

Institution Statistics

NCUA #60996
Year Chartered1935
Primary Regulator
Assets and Liabilities
Assets$130.84 million
Loans$70.88 million
Deposits$115.04 million
Equity Capital$13.71 million
Loan Loss Allowance$878,000
Unbacked Noncurrent Loans$416,000
Real Estate Owned$126,000
Historic Data - March 2013
Assets$132.02 million
Equity Capital$13.15 million
Loan Loss Allowance$1.24 million
Unbacked Noncurrent Loans$416,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.42%
Return on Assets0.63%
Return on Equity6.01%
Interest Income$1.11 million

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Chevron Valley Credit Union Savings Account Rates

0.06%--Holiday Savings Club
0.06%$50-AutoSave Savings Account
0.02%--IRA Share Account
0.02%$50-Prime Shares

Chevron Valley Credit Union Money Market Rates

0.05%$2,500-Money Market Share Account
0.05%$25k-MoneyMax Money Market

Chevron Valley Credit Union Checking Account Rates


Chevron Valley Credit Union CD Rates

1.01%$2,500$50k48-60 Month CD
0.40%$10k-36-47 Month CD
0.07%$500-Advantage Plus 6 Month CD
0.05%$2,500-24-35 Month CD
0.05%$2,500-12-23 Month CD
0.05%$2,500-6-11 Month CD
0.05%$2,500-3-5 Month CD

Chevron Valley Credit Union IRA Rates

1.02%--5 Year IRA
1.00%--4 Year IRA
0.01%--1 Year IRA
0.01%--2 Year IRA
0.01%--3 Year IRA

Chevron Valley Credit Union Locations
Branch Office1092 Kern StTaft, CA 93268
Branch Office5555 California Ave Ste 100Bakersfield, CA 93309
Branch Office9525 Camino MediaBakersfield, CA 93311
Branch Office8200 Granite Falls DrBakersfield, CA 93312