3333 Clares St
Capitola, CA 95010
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.66% →
1-Year CD 0.45% 0.67% →
2-Year CD 0.70% 0.75% →
5-Year CD 1.26% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Bay is an NCUA insured institution located in Capitola, CA. It was founded in 1957 and has approximately $1395.21 millions in assets.

Who can join Bay Federal Credit Union?

Bay Federal membership is open to people and businesses. Any person who lives, works, worships, or attends school in Santa Cruz, San Benito, or Monterey Counties can join Bay Federal Credit Union. Someone may also qualify if an immediate family member has an account with Bay Federal. An immediate family member includes a spouse, child, sibling, parent, grandparent/grandchild, stepparents/children/siblings, adoptive relationships and persons living in the same residence and maintaining a single economic unit.

Sole proprietorships, partnerships, corporations, clubs, non-profits, and various other types of businesses that are physically located or heaquartered in Santa Cruz, San Benito, or Monterey County are eligible for business membership with Bay Federal Credit Union.

NCUA Insured Yes / Federally Chartered
Charter Number # # 12067
Date Established 1957
Assets $1,395.21 million
Loans $764.93 million
Deposits $1,262.47 million
Capital $109.95 million

Field of Membership Restrictions

Membership in Bay Federal Credit Union is open to those who live, work, worship, attend school, or volunteer in Santa Cruz, Monterey or San Benito Counties.

Deposit Rates - April 10, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.05% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.45% $10,000 $14,999 Learn More
12 Mo CD
0.45% $100,000 $199,999 Learn More
18 Mo CD
0.55% $10,000 $14,999 Learn More
18 Mo CD
0.55% $100,000 $199,999 Learn More
24 Mo CD
0.70% $10,000 $14,999 Learn More
24 Mo CD
0.70% $100,000 $199,999 Learn More
36 Mo CD
0.90% $10,000 $14,999 Learn More
36 Mo CD
0.90% $100,000 $199,999 Learn More
48 Mo CD
1.16% $10,000 $14,999 Learn More
48 Mo CD
1.16% $100,000 $199,999 Learn More
60 Mo CD
1.26% $10,000 $14,999 Learn More
60 Mo CD
1.26% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $2,500 $3,499 Learn MoreShow Less

Loan Rates - April 10, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for BAY

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More
NMLS ID: 2890
License#: 13256
2.775% 2.750% 0.38 $808 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to BAY
To upload and update your bank's rates please register. It is free to register and add rates.



Below are Bay branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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Financial Details

Bay Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bay. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Bay U.S. Average
2.75% 5.40

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of December 31, 2020, Bay had $3,111,629 in non-current loans and $76,337 in owned assets. To cover these potential losses it had $109,950,185 in net worth and $5,890,440 in loans loss reserves. That gives it a Texas Ratio of 2.75%.

Net Worth
Bay U.S. Average
7.88% 12.67%

Bay FCU has a net worth of 7.88% versus the BestCashCow average of 12.67. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Bay

Branches and Savings

What is Bay?

A federal credit union, registered with the NCUA under certificate #12067.
Learn more about credit unions here.

Is Bay FDIC insured?

No, credit unions are not insured by the FDIC. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. Bay is insured by the NCUA.

Who can join Bay?

Please see Field of Membership information above for information on who is eligible to join.

What are Bay's share account and share certificate rates?

Bay's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Bay?

Bay has total capital of $109.95 million. Full information on Bay's financial position is located above.

Who owns Bay?

Credit Unions are owned by their members.

Where are Bay branches located?

See branch locations nearby.

Are Bay ATMs Open 24/7?

Do Bay ATMs accept cash deposits?

Can Bay customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Bay have a mobile app?

Does Bay have mobile deposit?

Does Bay have quick pay?

How can Bay transfer money to other banks or credit unions?

Does Bay report to credit bureaus?

Does Bay use Chexsystems?

Does Bay use Equifax?

What is Bay's toll free phone number?

What is Bay's ACH Routing Number?

What is Bay's SWIFT code?

Where can I find Bay's wire transfer form?

What is the Bay address for deposits?

What Products Does Bay Offer

Does Bay offer mortgages?

Compare mortgage rates here.

Does Bay offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bay offer auto and RV loans?

Compare auto loan rates here.

Does Bay offer student loans or personal loans?

Compare personal loan rates here.

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