Capitola, CA 95010


2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 12067
Date Established 1957
Assets $976.95 million
Loans $600.44 million
Deposits $880.11 million
Capital $86.38 million

Bay is an NCUA insured institution located in Capitola, CA. It was founded in 1957 and has approximately $976.95 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.

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 - January 23, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.10% $2,500 $9,999 Learn MoreShow Less
Money Market
0.15% $10,000 $24,999 Learn MoreShow Less
Money Market
0.20% $25,000 $49,999 Learn MoreShow Less
1.26% $1,000 $9,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.35% $10,000 - Learn MoreShow Less
6 Mo CD
0.75% $10,000 - Learn MoreShow Less
12 Mo CD
1.26% $10,000 - Learn MoreShow Less
18 Mo CD
1.51% $10,000 - Learn MoreShow Less
24 Mo CD
2.02% $10,000 - Learn MoreShow Less
36 Mo CD
2.28% $10,000 - Learn MoreShow Less
48 Mo CD
2.53% $10,000 - Learn MoreShow Less
60 Mo CD
2.79% $10,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.05% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
0.05% $2,500 $9,999 Learn MoreShow Less

Loan Rates - January 23, 2019

Your Current Location: Washington, WA 98109

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 - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Loan Plus
Figure Home Equity Loan Plus
8.000 %
N/A Learn More
More Info
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 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.

Your Location:

Bay Locations

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
3.07% 5.78

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 June 30, 2018, Bay had $2,442,773 in non-current loans and $329,802 in owned assets. To cover these potential losses it had $86,375,735 in net worth and $3,920,131 in loans loss reserves. That gives it a Texas Ratio of 3.07%.

Net Worth
Bay U.S. Average
9.13% 13.21%

Bay FCU has a net worth of 9.13% versus the BestCashCow average of 13.21. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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*All images, logos and public notes on this page appear courtesy of BAY and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.