California Bear Credit Union is headquartered in Los Angeles and is the 152nd largest credit union in the state of California. It is also the 1,569th largest credit union in the nation. It was established in 1933 and as of December of 2020, it had grown to 18 employees and 9,896 members at 2 locations. California Bear Credit Union has a B+ health rating.
Field of Membership Restrictions
California Bear Credit Union is open to individuals who work, live, or go to school within the Metro Los Angeles Area zip codes (list posted on the credit union's website). Membership also extends to California State employees, employees of the credit union-affiliated SEG's, employees of the credit union, United Defense Subsidiary membership, and family members of current credit union members.
See current membership details
Poor Customer Service, No Saturday Hours And Very Few Locations.....This Credit Union Sucks!
You can never get to a live person unless you go thru the phone recording maze, No Saturday hours for those who work and are not able to make it to the few branches in the Downrown area....this Credit Union sucks!
Data as of Q4 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68507 |
| Year Chartered | 1933 |
| Employees | 18 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.49% |
| Return on Equity - YTD | -27.13% |
| Annual Interest Income | $4.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $122.7MM$113.6MM |
| Loans | Q4 2020vs Q4 2019 | $88.0MM$93.8MM |
| Deposits | Q4 2020vs Q4 2019 | $115.2MM$104.2MM |
| Equity Capital | Q4 2020vs Q4 2019 | $6.7MM$8.6MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $420.00K$380.00K |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $521.00K$1.1MM |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |