San Mateo Credit Union is headquartered in Redwood City and is the 45th largest credit union in the state of California. It is also the 287th largest credit union in the nation. It was established in 1952 and as of September of 2019, it had grown to 188 employees and 95,545 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||1.34%|
|Return on Equity - YTD||11.66%|
|Annual Interest Income||$32.0MM|
|Assets and Liabilities|
|Assets||Q3 2019vs Q3 2018||$1.15B$1.07B|
|Loans||Q3 2019vs Q3 2018||$995.4MM$878.3MM|
|Deposits||Q3 2019vs Q3 2018||$1.01B$949.2MM|
|Equity Capital||Q3 2019vs Q3 2018||$130.9MM$115.6MM|
|Loan Loss Allowance||Q3 2019vs Q3 2018||$5.4MM$4.6MM|
|Unbacked Noncurrent Loans||Q3 2019vs Q3 2018||$2.6MM$1.6MM|
|Real Estate Owned||Q3 2019vs Q3 2018||$97.00K$0|
Rates for San Mateo Credit Union are currently being reviewed.