Monterey Credit Union

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 108^th largest credit union in the state of California. It is also the 948^th largest credit union in the nation. It was established in 1968 and as of December of 2020, it had grown to 56 employees and 17,667 members at 6 locations. Monterey Credit Union has an A+ 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.
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Health

A+

Data as of Q4 2020

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Health Grade Components

Overall
NCUA #	97071
Year Chartered	1968
Employees	56
Primary Regulator

Profit Margin
Return on Assets - YTD	0.23%
Return on Equity - YTD	1.74%
Annual Interest Income	$8.6MM

Assets and Liabilities
Assets	Q4 2020vs Q4 2019	$282.2MM$248.9MM
Loans	Q4 2020vs Q4 2019	$147.0MM$152.8MM
Deposits	Q4 2020vs Q4 2019	$237.4MM$209.3MM
Equity Capital	Q4 2020vs Q4 2019	$37.8MM$36.1MM
Loan Loss Allowance	Q4 2020vs Q4 2019	$1.5MM$1.8MM
Unbacked Noncurrent Loans	Q4 2020vs Q4 2019	$784.00K$1.1MM
Real Estate Owned	Q4 2020vs Q4 2019	$0$0

Rates

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Savings
Money Market
Checking
CD
IRA

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

Monterey Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%^*	$100k^*	-	Platinum Savings
OTHER TIERS: 0.03% → Up to $100k
0.03%	-	-	High Rate Savings
0.03%	-	-	Christmas Club
0.03%	-	-	Roth IRA Accumulation
0.03%	-	-	Education IRA Accumulation
0.03%	-	-	SEP IRA Accumulation
0.01%	-	-	Share Savings

Monterey Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.03%	-	-	Money Market
0.03%	-	-	Market IRA

Monterey Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
2.02%^*	-	$10k	Wealth Builder Checking
OTHER TIERS: 0.01% → $10k+

Monterey Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%	$1k	-	3 Month CD
0.05%	$1k	-	6 Month CD
0.05%	$1k	-	12 Month CD
0.05%	$1k	-	18 Month CD
0.05%	$1k	-	24 Month CD
0.05%	$100k	-	30 Day Jumbo CD
0.05%	$100k	-	60 Day Jumbo CD

Monterey Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%	$100k	-	30 Day Jumbo IRA
0.05%	$100k	-	60 Day Jumbo IRA
0.05%	$1k	-	3 Month IRA
0.05%	$1k	-	6 Month IRA
0.05%	$1k	-	12 Month IRA
0.05%	$1k	-	18 Month IRA
0.05%	$1k	-	24 Month IRA

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	915 Playa Ave Ste B	Sand City, CA 93955
Branch Office	161 Fountain Ave	Pacific Grove, CA 93950
Branch Office	1760 Airline Hwy Ste H2	Hollister, CA 95023

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