Monterey Credit Union

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.montereycu.com

831-647-1000

501 E Franklin ST
Monterey, CA 93940

Monterey Credit Union is headquartered in MONTEREY and is the 106^th largest credit union in the state of California. It is also the 973^rd largest credit union in the nation. It was established in 1968 and as of March of 2025, it had grown to 73 employees and 19,083 members at 5 locations. Monterey Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership to Monterey Credit Union is open to those who live or work in the California counties of Monterey, San Benito, Santa Clara, Santa Cruz, or San Luis Obispo.
See current membership details

Reviews

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Health

B+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #	97071
Year Chartered	1968
Employees	73
Primary Regulator

Profit Margin
Return on Assets - YTD	-1.82%
Return on Equity - YTD	-25.22%
Annual Interest Income	$3.3MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$334.7MM$308.7MM
Loans	Q1 2025vs Q1 2024	$226.3MM$207.5MM
Deposits	Q1 2025vs Q1 2024	$289.8MM$263MM
Equity Capital	Q1 2025vs Q1 2024	$23.5MM$25.4MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$2MM$2.3MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$1.3MM$2.1MM
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Rates for Monterey Credit Union are currently being reviewed.

Locations

Monterey Credit Union Locations
Branch Office	1566 N Main St	Salinas, CA 93906
Branch Office	24560 Silver Cloud Ct Ste 204	MONTEREY, CA 93940-6560
Branch Office	501 E FRANKLIN ST	MONTEREY, CA 93940
Branch Office	1760 Airline Hwy Ste H2	Hollister, CA 95023
Branch Office	26135 Carmel Rancho Blvd Ste B	Carmel, CA 93923

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