North Island Credit Union

Overview / Commentary
5898 Copley Dr
San Diego, CA 92111

North Island Credit Union is no longer doing business under that name because it has been merged or acquired. See the successor institution California Credit Union.

Field of Membership Restrictions

Membership in North Island Credit Union is open to those who live or work in Orange, Riverside or San Diego Counties and to employees of Los Angeles and other school districts.
See current membership details

Reviews (2)

Great Credit Union, Merging With Another CU

Posted by: |

It is a great local CU. Share certificate rates are better than other brick-and-mortar institutions here. Online and phone support is also very good. They are merging with California CU based in Los Angeles which I think is positive.

In terms of digital tools, online and mobile banking is very good. I have used bill pay and it is fine. If I had to mention any negative, it is that ACH limits (classified as "external transfers" in online banking) appears to have small limits ($2k daily and $5k monthly) though thankfully there is no fees for ACH push or ACH pull. Also, ACH transfers can only be done from online banking and not from mobile app. So I mostly end up transferring money using one of the online banks and brokerages which typically are more generous with ACH limits.

2.43% Just Ain't Gonna Happen...

Posted by: |

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



We do not have health information for North Island Credit Union, because it is no longer an operational credit union.


Sorry, we do not have rate data for North Island Credit Union.


Sorry, but we do not have location data for North Island Credit Union. Its headquarters is located at 5898 Copley Dr - San Diego, CA 92111

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.