Sea Air Federal Credit Union is headquartered in Seal Beach and is the 144th largest credit union in the state of California. It is also the 1,546th largest credit union in the nation. It was established in 1952 and as of June of 2022, it had grown to 18 employees and 6,526 members at 3 locations. Sea Air Federal Credit Union has an A health rating.
Sea Air Federal Credit Union is open to active and retired military personnel, veterans and reserves, civilians who work or live on base, Seal Beach Police, Seal Beach City Employees, employees and members of USA Water Polo, and family.
See current membership details
I had a excellent onboarding experience with Sea Air FCU. While they don't have an online process, the mail in process was fast and easy. You do have to provide proof of your veteran status the pieces of id is easy to provide. Sea Air also waives the $25 application fee so it only costs $6 to open the account. They also provide free wire transfers. The Customer Service Reps have been helpful and friendly.
Additional comment: After my first month I ran into a small quirk with their tier system, if you go over the $20K at 2.52% the rate drops to 1%. A little odd but they suggested to keep your balance below the $20K level to get the full interest rate.
|Return on Assets - YTD||-0.46%|
|Return on Equity - YTD||-2.14%|
|Annual Interest Income||$1.4MM|
|Assets and Liabilities|
|Assets||Q2 2022vs Q2 2021||$139.9MM$142.2MM|
|Loans||Q2 2022vs Q2 2021||$34.0MM$31.6MM|
|Deposits||Q2 2022vs Q2 2021||$109.2MM$109.2MM|
|Equity Capital||Q2 2022vs Q2 2021||$30.0MM$32.3MM|
|Loan Loss Allowance||Q2 2022vs Q2 2021||$227.00K$278.00K|
|Unbacked Noncurrent Loans||Q2 2022vs Q2 2021||$13.00K$42.00K|
|Real Estate Owned||Q2 2022vs Q2 2021||$0$0|
Rates for Sea Air Federal Credit Union are currently being reviewed.
|Sea Air Federal Credit Union Locations|
|Branch Office||800 Seal Beach Blvd Bldg 12||Seal Beach, CA 90740|
|Branch Office||11210 Lexington Dr Bldg 242||Los Alamitos, CA 90720-5001|
|Branch Office||1999 4th St Bldg 502||Norco, CA 92860-3634|