Interfaith Federal Credit Union is headquartered in Montclair and is the 148th largest credit union in the state of California. It is also the 1,623rd largest credit union in the nation. It was established in 1948 and as of June of 2023, it had grown to 26 employees and 7,305 members at 6 locations. Interfaith Federal Credit Union's CD rates are 51% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Interfaith Federal Credit Union is open to clergy, laity, staff, congregations, and churches of the following United Methodist Western Jurisdiction conferences: California-Pacific, California-Nevada, Desert-Southwest, Pacific-Northwest, Oregon-Idaho, Mountain Sky and Alaska, as well as the United Methodist Conferences of Missouri and New England. Members of the Arizona Episcopal Diocese, San Diego Episcopal Diocese, and the Hawaii Conference Foundation of the United Church of Christ are also eligible to join.
See current membership details
UMFCU is pretty all right
I have never had any issues with the United Methodist Credit Union that are more than minor annoyances that I hear are common at many credit unions. For example their web access has been less attractive than major banks and it took a long time for them to get onboard with mobile deposits. But, their website is functional and within the last year they have begun to provide mobile access through CO-OP's Sprig app. Again it works but is not as refined or pretty as other financial apps. The UMFCU has always been very responsive to my phone calls and emails and have done their best to assist with all of my questions. I appreciate that the CO-OP system also means that other local credit union branches can help me as well. Additionally they offer some membership perks such as a free complimentary life insurance policy.
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 5816 |
| Year Chartered | 1948 |
| Employees | 26 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.47% |
| Return on Equity - YTD | 4.45% |
| Annual Interest Income | $1.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $126.7MM$128.1MM |
| Loans | Q2 2023vs Q2 2022 | $66.6MM$61.7MM |
| Deposits | Q2 2023vs Q2 2022 | $112.8MM$114.7MM |
| Equity Capital | Q2 2023vs Q2 2022 | $13.4MM$12.7MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$299.00K |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $128.00K$746.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |