South Bay Credit Union is headquartered in Redondo Beach and is the 144th largest credit union in the state of California. It is also the 1,532nd largest credit union in the nation. It was established in 1953 and as of December of 2021, it had grown to 21 employees and 8,904 members at 4 locations. South Bay Credit Union's savings rates are 25% higher than the national average, and it has an A health rating.
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
Overall | |
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NCUA # | 95052 |
Year Chartered | 1953 |
Employees | 21 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.48% |
Return on Equity - YTD | 5.02% |
Annual Interest Income | $3.8MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2021vs Q4 2020 | $140.1MM$126.2MM |
Loans | Q4 2021vs Q4 2020 | $86.0MM$80.7MM |
Deposits | Q4 2021vs Q4 2020 | $125.6MM$112.6MM |
Equity Capital | Q4 2021vs Q4 2020 | $13.3MM$12.6MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $1.1MM$1.1MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $384.00K$381.00K |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not South Bay Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.30%* | $100k* | - | Money Market Accounts | ||
OTHER TIERS: 0.10% → $2.5k - $10k | 0.15% → $10k - $50k | 0.20% → $50k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.01% | $2.5k | - | Plus Checking |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.95% | $1k | - | 60 Month CD | |
0.85% | $1k | - | 48 Month CD | |
0.80% | $1k | - | 36 Month CD | |
0.70% | $1k | - | 24 Month CD | |
0.55% | $1k | - | 12 Month CD | |
0.35% | $1k | - | 6 Month CD | |
0.20% | $1k | - | 3 Month CD |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.00% | $1k | - | 60 Month IRA | |
0.90% | $1k | - | 48 Month IRA | |
0.80% | $1k | - | 36 Month IRA | |
0.70% | $1k | - | 24 Month IRA | |
0.55% | $1k | - | 12 Month IRA | |
0.35% | $1k | - | 6 Month IRA | |
0.20% | $1k | - | 3 Month IRA |
South Bay Credit Union Locations | ||
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Branch Office | 1421 N MEADOWWOOD LN STE 130 | LIBERTY LAKE, WA 99019-7613 |
Branch Office | 312 N Pacific Coast Hwy | Redondo Beach, CA 90277-2837 |
Branch Office | 2023 ARTESIA BLVD | REDONDO BEACH, CA 90278 |
Branch Office | 24520 Narbonne Ave | Lomita, CA 90717-1135 |