Data Source: NCUA, December 31, 2016
South Bay Credit Union was founded in 1953. Headquartered in Redondo Beach, California, South Bay Credit Union is a state chartered and not federally insured credit union, being chartered in California but not insured through the National Credit Union Share Insurance Fund (NCUSIF). South Bay Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.
As of December 31, 2016, South Bay Credit Union services 7,294 members through its 3 offices and branches and 13 full-time and 4 part-time employees. It has $90,429,970 of total assets and $10,690,603 of net worth. Based on its asset size and net worth ratio, South Bay Credit Union is classified as a Well Capitalized medium credit union.
South Bay Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. South Bay Credit Union also provides an array of services to its members and local communities. South Bay Credit Union plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.
The following two tables list the deplitory and loan interest rates of South Bay Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in California and in the nation.
Major Deplitory Accounts and Interest Rates (%)
Major Loan Accounts and Interest Rates (%)
South Bay Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by South Bay Credit Union.
Electronic Banking Service Offerings
Community and other Service Offerings
2023 Artesia Blvd
Redondo Beach, CA 90278
1421 N Meadowwood Ln Ste 130
Liberty Lake, WA 99019-7613
312 N Pacific Coast Hwy
Redondo Beach, CA 90277-2837
25360 Crenshaw Blvd
Torrance, CA 90505