San Francisco Fire Credit Union is headquartered in San Francisco and is the 38th largest credit union in the state of California. It is also the 270th largest credit union in the nation. It was established in 1959 and as of December of 2023, it had grown to 174 employees and 78,801 members at 3 locations. San Francisco Fire Credit Union's money market rates are 9X the national average, and it has a C+ health rating.
Field of Membership Restrictions
Membership in San Francisco Fire Credit Union is open to those who live, work, or attend school in the California counties of Marin, San Francisco, or San Mateo. Active and retired fire fighters in SMarin, San Francisco, or San Mateo Counties are eligible to join, as are members and employees of Local IAFF1171, Santa Clara Firefighters. Active Members of the California State Firefighters' Association also qualify for membership.
See current membership details
Great CU, All Positive
This credit union is amazing. Great customer service, free ATM fees. Most importantly for me, I am able to access help through online chat or by phone with a real person almost anytime during the day. I have been able to resolve so many issues and get so many questions answered in situations where other banks or credit unions would be closed or unavailable to help me clarify my concerns. Great credit union overall, I highly recommend it.
Incredible Service - But Watch The Insurance
I love this credit union. They rebate ATM fees to pull your money out of your account, no matter where. If you need a notary or signature guarantee, it's included for members. There's a coin counting machine in the lobby, so when you find that jar of change, bring it to the branch, count it up, and just hand the slip to a teller to put it in your account. CU reps are available ridiculous hours (until 9 or 10 pm) to answer questions in live chat.
The only reason why this isn't my primary bank is that they have private (American Share Insurance) instead of the full faith and credit of the US government (NCUA). While the CU seems well managed and has good tools and is growing nicely, I dislike even the remote possibility that a failure could be catastrophic to me if I used the credit union as my main financial institution. I asked the president the question -- it's encouraged on the web site! -- and he said that members get better coverage amounts by going only with private insurance. For this reason, I took off one star on the overall rating. I like the credit union so much, but I can't make them my primary bank until the risk of a failure is "off the table."
Data as of Q4 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 97069 |
| Year Chartered | 1959 |
| Employees | 174 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.5% |
| Return on Equity - YTD | 9.65% |
| Annual Interest Income | $66MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2023vs Q4 2022 | $1.76B$1.83B |
| Loans | Q4 2023vs Q4 2022 | $1.18B$1.24B |
| Deposits | Q4 2023vs Q4 2022 | $1.43B$1.56B |
| Equity Capital | Q4 2023vs Q4 2022 | $91.8MM$75.6MM |
| Loan Loss Allowance | Q4 2023vs Q4 2022 | $8.2MM$4.6MM |
| Unbacked Noncurrent Loans | Q4 2023vs Q4 2022 | $9.3MM$3.5MM |
| Real Estate Owned | Q4 2023vs Q4 2022 | $0$0 |