Featured Savings Rates
Featured Accounts

Mid-Cities Financial Credit Union

Popular Accounts at this Credit Union

0.45%1-year CD12 Month CD
0.05%SavingsRegular Shares
0.50%CheckingChecking Account

Overview / Commentary
325 S Santa Fe Ave
Compton, CA 90221

Mid-Cities Financial Credit Union is headquartered in Compton and is the 258th largest credit union in the state of California. It is also the 3,291st largest credit union in the nation. It was established in 1955 and as of June of 2016, it had grown to 10 employees and 4,665 members at 2 locations. Mid-Cities Financial Credit Union has a C+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship in the cities of Compton, Paramount, Carson, Bellflower, Norwalk, Lynwood and North Long Beach (zip code 90805). Membership is also open to employees of Lynwood Unified School District, Compton Unified School District, California State University Dominguez Hills, Paramount Unified School District, El Camino College Compton Center, Charles R Drew University of Medicine & Science.
See current membership details

Reviews (1)

Personal Loan

Posted by: Anonymous | Apr 18, 2012

I recently applied for A Tax Loan Mid Cities offered to help member whom owe on Taxes. The loan was denied because I had a negative credit report, which has recently declined from almost 700 to 630 because I am making payment to Franchise and Federal Taxes. The total is $4,000. So I thought if I paid the taxes I would have $400.00 to pay other bills. Is it not understood if we owe taxes you know that your credit isn't perfect? It's like they dangle a carrot in front of your face but you will never get it.

Additional 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. Mid-Cities Financial Credit Union has a low asset base.

Health Grade Components

NCUA #95073
Year Chartered1955
Primary Regulator
Profit Margin
Return on Assets - YTD-1.53%
Return on Equity - YTD-8.1%
Annual Interest Income$680.00K
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$22.6MM$23.0MM
LoansQ2 2016vs Q2 2015$13.5MM$15.0MM
DepositsQ2 2016vs Q2 2015$18.3MM$18.1MM
Equity CapitalQ2 2016vs Q2 2015$4.3MM$4.8MM
Loan Loss AllowanceQ2 2016vs Q2 2015$750.00K$567.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$600.00K$184.00K
Real Estate OwnedQ2 2016vs Q2 2015$0$0
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Mid-Cities Financial Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Mid-Cities Financial Credit Union Savings Account Rates

0.45%--IRA Share
0.45%--Roth IRA Share
0.05%--Regular Shares

Mid-Cities Financial Credit Union Checking Account Rates

0.50%*$10k*-Checking Account
OTHER TIERS: 0.05% $100 - $10k

Mid-Cities Financial Credit Union CD Rates

0.55%$500-18 Month CD
0.45%$500-12 Month CD
0.30%$500-6 Month CD

Mid-Cities Financial Credit Union IRA Rates

0.55%$500-18 Month IRA
0.45%$500-12 Month IRA
0.35%$500-6 Month IRA

Mid-Cities Financial Credit Union Locations
Branch Office325 S Santa Fe AveCompton, CA 90221
Branch Office727 Kingshill PlCarson, CA 90746-1223