Overview / Commentary
Excite Credit Union is headquartered in San Jose and is the 84th largest credit union in the state of California. It is also the 644th largest credit union in the nation. It was established in 1952 and as of December of 2024, it had grown to 114 employees and 46,083 members at 6 locations. Excite Credit Union has a C+ health rating.
Field of Membership Restrictions
Excite Credit Union is open to anyone who lives, works, worships, or goes to school in Alameda, Monterey, San Francisco, Santa Clara, Santa Cruz, or San Mateo counties in California or Brunswick, Pender, or New Hanover counties in North Carolina. Membership also extends to family members, and employees of any one of the more than 400 SEGs.
See current membership details
Health
C+
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68441 |
| Year Chartered | 1952 |
| Employees | 114 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.67% |
| Return on Equity - YTD | -35.92% |
| Annual Interest Income | $30.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $625.7MM$702.7MM |
| Loans | Q4 2024vs Q4 2023 | $469MM$519.9MM |
| Deposits | Q4 2024vs Q4 2023 | $569.1MM$571.5MM |
| Equity Capital | Q4 2024vs Q4 2023 | $29.8MM$44.4MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $4.1MM$3.2MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $4.9MM$5.3MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |