South Bay Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.76%	5-year CD	60 Month CD 1.85% - Synchrony Bank 60 Month CD
0.40%	1-year CD	12 Month Liquid CD 1.05% - Ally Bank High Yield 12-Month CD
0.01%	Savings	Secondary Savings 1.00% - Ally Bank Online Savings Account

View all South Bay Credit Union rates »

Overview / Commentary

sbcu.org

310-374-3436

312 N Pacific Coast Hwy
Redondo Beach, CA 90277

South Bay Credit Union is headquartered in Redondo Beach and is the 162^nd largest credit union in the state of California. It is also the 1,686^th largest credit union in the nation. It was established in 1953 and as of June of 2016, it had grown to 15 employees and 7,309 members at 3 locations. South Bay Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership 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.
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Health

B+

Data as of Q2 2016

Learn more about bank health

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	15
Primary Regulator

Profit Margin
Return on Assets - YTD	1.17%
Return on Equity - YTD	11.07%
Annual Interest Income	$1.6MM

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$88.7MM$85.4MM
Loans	Q2 2016vs Q2 2015	$67.6MM$62.0MM
Deposits	Q2 2016vs Q2 2015	$78.3MM$76.5MM
Equity Capital	Q2 2016vs Q2 2015	$9.3MM$8.3MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$316.00K$488.00K
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$281.00K$84.00K
Real Estate Owned	Q2 2016vs Q2 2015	$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
OTHER TIERS: 0.01% → $500 - $2,500
0.05%^*	$2,500^*	-	Roth IRA
OTHER TIERS: 0.01% → $500 - $2,500
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
1.76%	$1k	-	60 Month CD
1.26%	$1k	-	48 Month CD
1.16%	$1k	-	36 Month CD
1.00%	$1k	-	24 Month CD
0.75%	$1k	-	12 Month CD
0.75%	$1k	-	18 Month CD
0.70%	$1k	-	18 Month Bump CD
0.40%	$1k	$100k	12 Month Liquid CD
0.15%	$1k	-	6 Month CD
0.05%	$1k	-	3 Month CD

South Bay Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.76%	$1k	-	60 Month IRA
1.26%	$1k	-	48 Month IRA
1.16%	$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	1421 N MEADOWWOOD LN STE 130	LIBERTY LAKE, WA 99019-7613