Caltech Employees Federal Credit Union
Caltech Employees Federal Credit Union is headquartered in La Canada and is the 31st largest credit union in the state of California. It is also the 194th largest credit union in the nation. It was established in 1950 and as of September of 2021, it had grown to 74 employees and 33,879 members at 4 locations. Caltech Employees Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Caltech Employees Federal Credit Union is open to the following: (1) employees of the California Institute of Technology who work at the Campus, Jet Propulsion Laboratory (JPL), Mt. Wilson, Mt. Palomar; (2) employees of the Henry R. Huntington Library and Botanical Gardens; (3) students of CalTech; (4) employees of NASA working at JPL; (5) employees of the Carnegie Institute of Washington located in Pasadena and Palomar; (6) members of the Caltech Alumni Association; (7) faculty, administration and students of the Polytechnic School; (8) associates of the California Institute of Technology.
See current membership details
Not Too Good
After 3 months I returned my CreditCard and closed the account. The people at the CEFCU are nice and try to help, but that's about all. Their politics dictate a standard way of doing things, if you need anything different from that they not cooperative. I don't like to got to the big banks, but I don't see any alternative.
Data as of Q3 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 6681 |
| Year Chartered | 1950 |
| Employees | 74 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.66% |
| Return on Equity - YTD | 6.77% |
| Annual Interest Income | $27.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2021vs Q3 2020 | $2.11B$2.00B |
| Loans | Q3 2021vs Q3 2020 | $494.2MM$518.4MM |
| Deposits | Q3 2021vs Q3 2020 | $1.90B$1.78B |
| Equity Capital | Q3 2021vs Q3 2020 | $204.5MM$203.9MM |
| Loan Loss Allowance | Q3 2021vs Q3 2020 | $1.8MM$1.9MM |
| Unbacked Noncurrent Loans | Q3 2021vs Q3 2020 | $559.00K$106.00K |
| Real Estate Owned | Q3 2021vs Q3 2020 | $0$0 |