San Mateo Credit Union is headquartered in Redwood City and is the 46th largest credit union in the state of California. It is also the 288th largest credit union in the nation. It was established in 1952 and as of December of 2018, it had grown to 195 employees and 91,710 members at 13 locations. San Mateo Credit Union 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
|Return on Assets - YTD||1.39%|
|Return on Equity - YTD||12.46%|
|Annual Interest Income||$38.5MM|
|Assets and Liabilities|
|Assets||Q4 2018vs Q4 2017||$1.07B$1.01B|
|Loans||Q4 2018vs Q4 2017||$907.9MM$781.1MM|
|Deposits||Q4 2018vs Q4 2017||$948.4MM$897.6MM|
|Equity Capital||Q4 2018vs Q4 2017||$119.4MM$104.6MM|
|Loan Loss Allowance||Q4 2018vs Q4 2017||$4.9MM$4.0MM|
|Unbacked Noncurrent Loans||Q4 2018vs Q4 2017||$2.4MM$1.6MM|
|Real Estate Owned||Q4 2018vs Q4 2017||$97.00K$0|
Rates for San Mateo Credit Union are currently being reviewed.