South Bay Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.75%	5-year CD	60 Month CD 2.35% - Synchrony Bank 60 Month CD
0.75%	1-year CD	12 Month CD 1.40% - Synchrony Bank 12 Month CD
0.01%	Savings	Secondary Savings 1.15% - CIT Bank Spring Savings

View all South Bay Credit Union rates »

Overview / Commentary

www.southbaycu.com

310-374-3436

312 N Pacific Coast Hwy
Redondo Beach, CA 90277

South Bay Credit Union is headquartered in Redondo Beach and is the 155^th largest credit union in the state of California. It is also the 1,649^th largest credit union in the nation. It was established in 1953 and as of March of 2017, it had grown to 14 employees and 7,342 members at 4 locations. South Bay Credit Union has an A health rating.

Field of Membership Restrictions

Membership in South Bay Credit Union is open to those who live, work, worship or attend school in the South Bay area of California: Carson, Culver City, Gardena, El Segundo, Hawthorne, Harbor City, Manhattan Beach, Marina Del Rey, Palos Verdes Peninsula, Playa Del Rey, Playa Vista, Hermosa Beach, Rancho Palos Verdes, Redondo Beach, Inglewood, San Pedro, Lawndale, Torrance, Lomita, Los Angeles (zip codes 90045,90056, 90066), Venice, Wilmington.
See current membership details

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Health

A

Data as of Q1 2017

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. South Bay Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #	95052
Year Chartered	1953
Employees	14
Primary Regulator

Profit Margin
Return on Assets - YTD	0.64%
Return on Equity - YTD	6.03%
Annual Interest Income	$836.00K

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$95.5MM$88.0MM
Loans	Q1 2017vs Q1 2016	$70.6MM$66.3MM
Deposits	Q1 2017vs Q1 2016	$84.7MM$77.5MM
Equity Capital	Q1 2017vs Q1 2016	$9.9MM$9.4MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$531.00K$355.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$217.00K$122.00K
Real Estate Owned	Q1 2017vs Q1 2016	$0$0

Rates

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Money Market
Checking
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

South Bay Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%	$2,500	-	Traditional IRA
0.05%	$2,500	-	Roth IRA
0.01%	$500	-	Primary Savings
0.01%	$500	-	Secondary Savings
0.01%	$500	-	Holiday Club

South Bay Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.08%^*	$100k^*	-	Money Market Accounts
OTHER TIERS: 0.01% → $2,500 - $10k \| 0.03% → $10k - $50k \| 0.05% → $50k - $100k

South Bay Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.01%	$2,500	-	Plus Checking
0.01%	$2,500	-	E-Checking

South Bay Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.75%	$1k	-	60 Month CD
1.25%	$1k	-	48 Month CD
1.15%	$1k	-	36 Month CD
1.00%	$1k	-	24 Month CD
0.75%	$1k	-	12 Month CD
0.75%	$1k	-	18 Month CD
0.15%	$1k	-	6 Month CD
0.05%	$1k	-	3 Month CD

South Bay Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.75%	$1k	-	60 Month IRA
1.25%	$1k	-	48 Month IRA
1.15%	$1k	-	36 Month IRA
1.00%	$1k	-	24 Month IRA
0.75%	$1k	-	12 Month IRA
0.75%	$1k	-	18 Month IRA
0.15%	$1k	-	6 Month IRA
0.05%	$1k	-	3 Month IRA

Locations

South Bay Credit Union Locations
Branch Office	312 N Pacific Coast Hwy	Redondo Beach, CA 90277-2837
Branch Office	25360 Crenshaw Blvd	Torrance, CA 90505
Branch Office	2023 ARTESIA BLVD	REDONDO BEACH, CA 90278
Branch Office	1421 N MEADOWWOOD LN STE 130	LIBERTY LAKE, WA 99019-7613