South Bay Credit Union is headquartered in Redondo Beach and is the 150th largest credit union in the state of California. It is also the 1,552nd largest credit union in the nation. It was established in 1953 and as of December of 2020, it had grown to 19 employees and 8,664 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 | 19 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.8% |
Return on Equity - YTD | 7.96% |
Annual Interest Income | $4.1MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2020vs Q4 2019 | $126.2MM$106.1MM |
Loans | Q4 2020vs Q4 2019 | $80.7MM$87.7MM |
Deposits | Q4 2020vs Q4 2019 | $112.6MM$92.9MM |
Equity Capital | Q4 2020vs Q4 2019 | $12.6MM$11.7MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $1.1MM$778.00K |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $381.00K$573.00K |
Real Estate Owned | Q4 2020vs Q4 2019 | $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 |
---|---|---|---|---|
1.00% | $1k | - | 60 Month CD | |
0.90% | $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 |