Santa Clara County Federal Credit Union
Santa Clara County Federal Credit Union is headquartered in San Jose and is the 65th largest credit union in the state of California. It is also the 460th largest credit union in the nation. It was established in 1950 and as of June of 2024, it had grown to 132 employees and 47,151 members at 6 locations. Santa Clara County Federal Credit Union's CD rates are 4X the national average, and it has a B health rating.
Field of Membership Restrictions
Membership to Santa Clara County Federal Credit Union is open to all U.S. citizens and resident aliens through membership in the American Consumer Council. Employees of more than 200 select employer groups and students of more than 350 area schools also qualify for membership.
See current membership details
Loan Issues
I received a car loan years ago with little/no issues. Today i went to get one and it seems like they are dragging their feet once they have already run the credit check and they have continued asking for one thing after the next almost as if they don't want to provide the loan. Also my loan "officer" is not helpful and just tells me what I HAVE to do to get the loan and was not helpful at all. Closing my accounts and moved my car loan elsewhere where it was almost instantly approved.
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24299 |
| Year Chartered | 1950 |
| Employees | 132 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.7% |
| Return on Equity - YTD | 10.34% |
| Annual Interest Income | $22.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $966.3MM$969.6MM |
| Loans | Q2 2024vs Q2 2023 | $527.6MM$512.7MM |
| Deposits | Q2 2024vs Q2 2023 | $883MM$885.9MM |
| Equity Capital | Q2 2024vs Q2 2023 | $64.9MM$55.2MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $3MM$3.2MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $4.5MM$3.2MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |