Monterey Credit Union is headquartered in MONTEREY and is the 109th largest credit union in the state of California. It is also the 1,020th largest credit union in the nation. It was established in 1968 and as of June of 2023, it had grown to 61 employees and 16,996 members at 4 locations. Monterey Credit Union's CD rates are 3X the national average, and it has a B health rating.
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
Overall | |
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NCUA # | 97071 |
Year Chartered | 1968 |
Employees | 61 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.08% |
Return on Equity - YTD | 0.98% |
Annual Interest Income | $5.4MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2023vs Q2 2022 | $295.5MM$293.8MM |
Loans | Q2 2023vs Q2 2022 | $191.3MM$185.4MM |
Deposits | Q2 2023vs Q2 2022 | $245.3MM$261.2MM |
Equity Capital | Q2 2023vs Q2 2022 | $25.7MM$30.3MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$1.2MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $812.00K$640.00K |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Monterey 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.25%* | $10k* | - | Money Market | ||
OTHER TIERS: 0.03% → Up to $2.5k | 0.05% → $2.5k - $10k | |||||
0.05% | - | - | Market IRA |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
2.02%* | - | $10k | Wealth Builder Checking | ||
OTHER TIERS: 0.01% → $10k+ |
Monterey Credit Union Locations | ||
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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 |