Bay Federal Credit Union


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

Notable Rates APY Vs.Others
Savings 0.05% 0.85% →
1-Year CD 0.45% 0.85% →
2-Year CD 0.70% 0.80% →
5-Year CD 1.26% 1.25% →
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 $1518.32 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 $1,518.32 million
Loans $804.77 million
Deposits $1,377.44 million
Capital $117.47 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 - December 8, 2021

Your Current Location: Virginia, VA 20146

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 - December 8, 2021

Your Current Location: Virginia, VA 20146

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 - Virginia 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Learn More
CIT Bank
NMLS ID: 541760
3.100% 3.025% 1.00 $2,415 $1,058 Learn More
NMLS ID: 2890
License#: MC-3098
2.813% 2.750% 0.88 $2,035 $1,021 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More

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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Climate Initiatives

BAY is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

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
1.31% 3.79

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, 2021, Bay had $1,485,683 in non-current loans and $96,185 in owned assets. To cover these potential losses it had $117,469,824 in net worth and $3,669,072 in loans loss reserves. That gives it a Texas Ratio of 1.31%.

Net Worth
Bay U.S. Average
7.73% 12.22%

Bay FCU has a net worth of 7.73% versus the BestCashCow average of 12.22. 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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