Self-Help Federal Credit Union is headquartered in Durham and is the 6th largest credit union in the state of North Carolina. It is also the 233rd largest credit union in the nation. It was established in 2008 and as of September of 2024, it had grown to 354 employees and 129,107 members at 38 locations. Self-Help Federal Credit Union's money market rates are 6X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Self-Help Federal Credit Union is open to anyone through joining the Center for Community Self-Help ($5 membership fee). Membership is also open to those who live, work, attend school or worship in select areas of Oakland, California and to employees of over 100 Select Employer Groups.
See current membership details
The Most Evil And Hurtful Credit Union Ever!!!
This horrendous and sad excuse for a financial institution that is suppose to help people does exactly the opposite. The Mission Street Branch in San Francisco never sent me a debit card which I had to repeatedly call and beg to get which eventually took 3 months to get! ridiculous! But I wish I never got it because they did something that no financial institution has ever pulled on me before. They allowed a shady criminal business to charge me card without me present or signing for it and instead of declining the charge they let it over draw my checking account by -$1300!! Why in the world they would do such a stupid weird and damaging thing and let them get away with it which they then closed my account because there was no way i was paying for their evil mistake. It now sits on my credit file as a “loan”! I never ever signed anything about any loan! Worst experience and was only few months! banks are so awful and evil! This must change!
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24802 |
| Year Chartered | 2008 |
| Employees | 354 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.04% |
| Return on Equity - YTD | 12.31% |
| Annual Interest Income | $87.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $2.13B$2.1B |
| Loans | Q3 2024vs Q3 2023 | $1.51B$1.48B |
| Deposits | Q3 2024vs Q3 2023 | $1.49B$1.47B |
| Equity Capital | Q3 2024vs Q3 2023 | $180.1MM$162.3MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $41.2MM$47.2MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $8MM$7.2MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $28K$0 |
