Overview / Commentary
Marin County Federal Credit Union is headquartered in San Rafael and is the 161st largest credit union in the state of California. It is also the 1,938th largest credit union in the nation. It was established in 1963 and as of September of 2024, it had grown to 6 employees and 4,158 members at 1 location. Marin County Federal Credit Union's CD rates are 4X the national average, and it has a B health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship or attend school in Marin County.
See current membership details
Health
B
Data as of Q3 2024
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Marin County Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 15659 |
| Year Chartered | 1963 |
| Employees | 6 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.1% |
| Return on Equity - YTD | 10.44% |
| Annual Interest Income | $2.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $88.5MM$94.5MM |
| Loans | Q3 2024vs Q3 2023 | $29.5MM$30.2MM |
| Deposits | Q3 2024vs Q3 2023 | $78.9MM$87MM |
| Equity Capital | Q3 2024vs Q3 2023 | $9.3MM$5.5MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $125K$81K |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $635K$216K |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |