Schools Federal Credit Union


Overview / Commentary
310-632-0100
20101 Hamilton Ave Ste 150
Torrance, CA 90502

Schools Federal Credit Union is headquartered in Torrance and is the 125th largest credit union in the state of California. It is also the 1,326th largest credit union in the nation. It was established in 1939 and as of March of 2025, it had grown to 34 employees and 16,538 members at 2 locations. Schools Federal Credit Union has an A+ health rating.

Field of Membership Restrictions

Membership in Schools Federal Credit Union is open to employees and registered students of the Los Angeles Unified School District, Los Angeles Community College District, California State University Dominguez Hills, Lynwood Unified School District, Torrance Unified School District, Compton Unified School District, Westmark School, American College of Medical Technology, KLCS, Channel 58, Employees Club of California, or South Central Los Angeles Regional Center.
See current membership details

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Health
A+

Health Grade Components

Overall
NCUA #3526
Year Chartered1939
Employees34
Primary Regulator
Profit Margin
Return on Assets - YTD0.54%
Return on Equity - YTD4.44%
Annual Interest Income$1.8MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$186.3MM$181.2MM
LoansQ1 2025vs Q1 2024$90MM$88.8MM
DepositsQ1 2025vs Q1 2024$162.7MM$157.3MM
Equity CapitalQ1 2025vs Q1 2024$22.1MM$21.5MM
Loan Loss AllowanceQ1 2025vs Q1 2024$831K$768K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$347K$244K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Rates for Schools Federal Credit Union are currently being reviewed.

Locations


Schools Federal Credit Union Locations
Branch Office20101 Hamilton Ave Ste 150Torrance, CA 90502-1306
Branch Office850 W CESAR E CHAVEZ AVELOS ANGELES, CA 90012-2131

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