Wheelhouse Credit Union


Overview / Commentary
619-297-4835
9212 Balboa Ave
San Diego, CA 92123

Wheelhouse Credit Union is headquartered in San Diego and is the 92nd largest credit union in the state of California. It is also the 796th largest credit union in the nation. It was established in 1934 and as of June of 2024, it had grown to 81 employees and 32,059 members at 4 locations. Wheelhouse Credit Union has an A health rating.

Field of Membership Restrictions

Wheelhouse Credit Union is open to anyone who lives or works in San Diego County. Members of the Zoological Society (San Diego Zoo) also qualify for membership, regardless of where they live.
See current membership details

Reviews (1)

Don't Bother

Posted by: |

Small overconservative CU. Requires excessive verification for everything.

Photo of drivers license, plus a scan mailed in (it was "lost" by first CSR), then a second scan mailed to HQ required just to open $10 membership savings. Two months time elapsed.

Another site listed a deposit bonus. Turned out no such thing existed.

Was invited by emailed name to open credit card. Something looked out of whack in the first few computer questions. Called CSR (Thank you, helpful!) Turns out application must be Reviewed by an Underwriter-- after usual borrower information is submitted and 4 questions plus hard pull come back satisfactorily. That's when you get approved, often within 1 day in banks. Review is often many CUs code for we're going to deny you by some trick such as unusual documentation. Which others have tried on me--a retired banking professional--just say no to passport, pay slip, make Social Security Administration confirm SSN, and worse.



Health

Health Grade Components

Overall
NCUA #61003
Year Chartered1934
Employees81
Primary Regulator
Profit Margin
Return on Assets - YTD-0.08%
Return on Equity - YTD-1.13%
Annual Interest Income$10.2MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$439.5MM$431.5MM
LoansQ2 2024vs Q2 2023$350MM$363.6MM
DepositsQ2 2024vs Q2 2023$375.2MM$363.1MM
Equity CapitalQ2 2024vs Q2 2023$29.2MM$28.8MM
Loan Loss AllowanceQ2 2024vs Q2 2023$2.3MM$2.3MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$133K$179K
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates

Rates for Wheelhouse Credit Union are currently being reviewed.

Locations


Wheelhouse Credit Union Locations
Branch Office306 BroadwayEl Cajon, CA 92021
Branch Office320 B StSan Diego, CA 92101-4204
Branch Office344 F StChula Vista, CA 91910-2645
Branch Office9212 Balboa AveSan Diego, CA 92123

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