San Mateo Credit Union is headquartered in Redwood City and is the 40th largest credit union in the state of California. It is also the 267th largest credit union in the nation. It was established in 1952 and as of December of 2020, it had grown to 200 employees and 101,561 members at 14 locations. San Mateo Credit Union's savings rates are 3X the national average, and it has an A health rating.
Membership in San Mateo Credit Union is open to those who live, work or attend school in San Mateo County, the City of Palo Alto or select areas of San Francisco. Membership is open to employees of companies that belongs to the Golden Gate Better Business Bureau or one of the 15 Chambers of Commerce within San Mateo County.
See current membership details
Overall | |
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NCUA # | 62736 |
Year Chartered | 1952 |
Employees | 200 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 1% |
Return on Equity - YTD | 9.47% |
Annual Interest Income | $42.9MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $1.44B$1.16B |
Loans | Q4 2020vs Q4 2019 | $1.01B$1.03B |
Deposits | Q4 2020vs Q4 2019 | $1.28B$1.02B |
Equity Capital | Q4 2020vs Q4 2019 | $149.3MM$135.2MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $6.5MM$5.3MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $12.5MM$3.5MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |
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* 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 | |
---|---|---|---|---|---|
1.00%* | - | $50k | Premium Checking - Qualifying | ||
OTHER TIERS: 0.05% → $50k+ |