Featured Savings Rates
Featured Accounts

North Island Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.41%5-year CD60 Month Share Certificate
0.10%1-year CD12 Month Jumbo Share Certificate
0.05%SavingsShare Savings Account

Overview / Commentary
800-848-5654
5898 Copley Dr
San Diego, CA 92111

North Island Credit Union is headquartered in San Diego and is the 33rd largest credit union in the state of California. It is also the 194th largest credit union in the nation. It was established in 1940 and as of March of 2016, it had grown to 219 employees and 75,479 members at 11 locations. North Island Credit Union has an A+ health rating.

Field of Membership Restrictions

Membership is open to all San Diegans.
See current membership details

Reviews (1)

2.43% Just Ain't Gonna Happen...

Posted by: Quietflair | Feb 9, 2013

2.43% for a 5 year CD  !!!!  Sorry, it is too good to be true.

Depositaccounts.com.  Love ya, but it is totally misleading to say we will receive this interest rate.

A third of your investment may get get that, but it will be watered down by the low interest rate you get on the other 2/3s which are at substantially lower rates.  So what is your blended rate over the 5 year period?  I went to North Island Financial Credit Union yesterday and asked that question.  The associate couldn't tell me nor could his boss.  I am going to try to figure that out on an spreadsheet.

FYI, the other 2/3's must be in a 12 month (@ .4%) and 36 month CD (@1.4%).  Are you required to roll these over with North Island Financial Credit Union when they mature?  I did not get a clear answer but see below.   They said that when the 12 month certificate comes due, you are "expected" to make it a 5 year CD with this credit union. 

Here is what I want to do given what I understand:  put $249K in this account.  $83,333 at 2.43% for 5 years; $83,333 at 1.4% for 3 years and $83,333 at .4% for 12 months.  I know right now that I would not want to renew the 12 month nor the 3 year (why limit my options?).  I would then let the $83,333 get 2.43% for the full 5 years.  Can I do this?  The boss said yes, but the website says this: "If you elect not to renew any certificate within your ladder, the remaining certificates will not be eligible for the ladder rates at maturity."

North Island Federal Credit reps are contradicting the website and I am confused.  What I do know with certainty is that the consumer ain't gonna get 2.43% any way you slice it.

 



Health
A+

Health Grade Components

Overall
NCUA #68452
Year Chartered1940
Employees219
Primary Regulator
Profit Margin
Return on Assets - YTD0.89%
Return on Equity - YTD7.94%
Annual Interest Income$8.8MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$1.24B$1.17B
LoansQ1 2016vs Q1 2015$869.5MM$767.7MM
DepositsQ1 2016vs Q1 2015$1.09B$1.03B
Equity CapitalQ1 2016vs Q1 2015$135.8MM$125.1MM
Loan Loss AllowanceQ1 2016vs Q1 2015$4.7MM$6.9MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$3.7MM$7.8MM
Real Estate OwnedQ1 2016vs Q1 2015$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

North Island Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$25k*-HSA Savings Account
OTHER TIERS: 0.10% $50 - $25k
0.20%*$25k*-HSA Checking Account
OTHER TIERS: 0.10% $50 - $25k
0.15%*$50k*-Daily IRA Account
OTHER TIERS: 0.10% $50 - $50k
0.05%$100-Share Savings Account
0.05%$200-Business Savings Account

North Island Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$25k-Premium Money Market Account (MMA)
0.10%*$25k*-Business Money Market Account
OTHER TIERS: 0.05% $2,500 - $25k
0.05%$2,500-Investor Money Market Account (MMA)

North Island Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$10k-Personal Checking

North Island Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%$100k-60 Month Jumbo Share Certificate
1.51%$100k-60 Month Business Jumbo Certificate
1.46%$10k-60 Month Mini-Jumbo Share Certificate
1.46%$10k-60 Month Business Mini-Jumbo Share Certificate
1.41%$2,500-60 Month Share Certificate
1.41%$2,500-60 Month Business Share Certificate
0.90%$100k-36 Month Jumbo Share Certificate
0.90%$100k-36 Month Business Jumbo Certificate
0.85%$10k-36 Month Business Mini-Jumbo Share Certificate
0.85%$10k-36 Month Mini-Jumbo Share Certificate
0.75%$2,500-36 Month Share Certificate
0.75%$2,500-36 Month Business Share Certificate
0.75%$25-36 Month Saver CD
0.30%$2,500-30 Month Share Certificate
0.30%$10k-30 Month Mini-Jumbo Share Certificate
0.30%$100k-30 Month Jumbo Share Certificate
0.30%$2,500-30 Month Business Share Certificate
0.30%$10k-30 Month Business Mini-Jumbo Share Certificate
0.30%$100k-30 Month Business Jumbo Share Certificate
0.10%$500-12 Month Saver CD
0.10%$2,500-12 Month Business Share Certificate
0.10%$2,500-18 Month Business Share Certificate
0.10%$2,500-24 Month Business Share Certificate
0.10%$10k-12 Month Business Mini-Jumbo Share Certificate
0.10%$10k-18 Month Business Mini-Jumbo Share Certificate
0.10%$10k-24 Month Business Mini-Jumbo Share Certificate
0.10%$100k-12 Month Business Jumbo Certificate
0.10%$100k-18 Month Business Jumbo Certificate
0.10%$100k-24 Month Business Jumbo Certificate
0.10%$2,500-12 Month Share Certificate
0.10%$2,500-18 Month Share Certificate
0.10%$2,500-24 Month Share Certificate
0.10%$10k-12 Month Mini-Jumbo Share Certificate
0.10%$10k-18 Month Mini-Jumbo Share Certificate
0.10%$10k-24 Month Mini-Jumbo Share Certificate
0.10%$100k-12 Month Jumbo Share Certificate
0.10%$100k-18 Month Jumbo Share Certificate
0.10%$100k-24 Month Jumbo Share Certificate

North Island Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%*$100k*-60 Month IRA Certificate
OTHER TIERS: 1.41% $2k - $10k | 1.46% $10k - $100k
0.90%*$100k*-36 Month IRA Certificate
OTHER TIERS: 0.75% $2k - $10k | 0.85% $10k - $100k
0.30%$2k-30 Month IRA Certificate
0.10%$500-6 Month IRA Certificate
0.10%$2k-12 Month IRA Certificate
0.10%$2k-18 Month IRA Certificate
0.10%$2k-24 Month IRA Certificate
Locations

North Island Credit Union has 11 locations. Click to view all North Island Credit Union locations.