California Coast Credit Union is headquartered in San Diego and is the 21st largest credit union in the state of California. It is also the 107th largest credit union in the nation. It was established in 1929 and as of December of 2020, it had grown to 511 employees and 192,057 members at 27 locations. California Coast Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership in California Coast Credit Union anyone through paying a $15 membership fee. Membership is also open to those who live or work in San Diego or Riverside Counties in California with a $5 membership fee. (Membership details are listed in the Credit Union's online application)
See current membership details
Great experiences with Cal Coast
I've had very positive experiences with Cal Coast Credit Union, since switching from a global bank. I use their checking and savings accounts, as well as some other services from time to time. Enrolling was easy, and there was a slight cash bonus. One nice service is that they offer one free cashiers check a day, so if you aren't a heavy check user you won't even need to buy checks. The online interface to access your accounts is a bit outdated but is perfectly usable, has all the information you need, and seems secure, with two factor authentication. I've used the online interface to transfer between my accounts many times without any issue. They also have an e-statements program that you can use if you prefer to be able to look at all your statements online.
Great Place To Get A Free Bank Account And That’S All
I was under the impression a credit union would help me build credit. I started the credit union with a 740 Fico credit score I had built on my own. I am a full time student studying at SDSU. I was denied my first car loan due to owning my own business and no tax paperwork, which I understand. A year later I applied for a loan after working 3 part time jobs. Now with a valid income and direct deposits in my account each month I was denied again. This has become a discrimination issue. I have the Proof of income that is deposited every month straight from my employers!!! After being denied for the amount I am asking twice. I will never be going through a credit union. I would rather pay a higher apr than talk to the incompetent employees like Cindy and Joshua who work there. I asked to talk to a supervisor and was put on hold. Take your business elsewhere!!
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 66584 |
| Year Chartered | 1929 |
| Employees | 511 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.55% |
| Return on Equity - YTD | 4.99% |
| Annual Interest Income | $89.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $3.25B$2.64B |
| Loans | Q4 2020vs Q4 2019 | $1.96B$2.19B |
| Deposits | Q4 2020vs Q4 2019 | $2.84B$2.30B |
| Equity Capital | Q4 2020vs Q4 2019 | $350.0MM$326.6MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $17.4MM$10.7MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $3.1MM$5.3MM |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |
