PO BOX 3288
Monterey, CA 93942

Notable Rates APY Vs.Others
Savings 0.03% 2.25% →
1-Year CD 0.25% 2.25% →
2-Year CD 0.35% 2.50% →
5-Year CD N.A. 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Credit Union Information

Monterey is located in Monterey, Ca. It was founded in 1968 and has approximately $243.45 millions in assets.

Who can join?

Membership is available to anyone who lives or works in the counties of Monterey, Santa Cruz, San Benito, San Luis Obispo, or Santa Clara counties.

NCUA Insured No
Charter Number # # 97071
Date Established 1968
Assets $243.45 million
Loans $152.83 million
Deposits $205.27 million
Capital $35.51 million

Field of Membership Restrictions

Membership is open to those who live or work in Monterey, Santa Cruz, San Luis Obispo, or Santa Clara counties.

Deposit Rates - December 16, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Fixed IRA
0.25% $1,000 $9,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.15% $10,000 $49,999 Learn MoreShow Less
3 Mo CD
0.15% $100,000 - Learn MoreShow Less
6 Mo CD
0.15% $10,000 $49,999 Learn MoreShow Less
6 Mo CD
0.15% $100,000 - Learn MoreShow Less
12 Mo CD
0.25% $10,000 $49,999 Learn MoreShow Less
12 Mo CD
0.25% $100,000 - Learn MoreShow Less
18 Mo CD
0.25% $10,000 $49,999 Learn MoreShow Less
18 Mo CD
0.25% $100,000 - Learn MoreShow Less
24 Mo CD
0.35% $10,000 $49,999 Learn MoreShow Less
24 Mo CD
0.35% $100,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.05% $1 - Learn MoreShow Less

Loan Rates - December 16, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for MONTEREY

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 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.034% 4.990% 0.00 $1,250 $1,341 Learn More
Rocket Mortgage
NMLS ID: 3030
4.919% 4.875% 0.00 $1,250 $1,324 Learn More
NMLS ID: 2890
License#: MC-3098
3.625% 3.625% -0.13 ($222) $1,141 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Atlantic Union Bank
Atlantic Union Bank
4.750 %
$15,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

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


Below are Monterey 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:

Monterey Locations

Financial Details

Monterey Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Monterey. 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
Monterey U.S. Average
3.96% 5.86

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, 2019, Monterey had $1,169,657 in non-current loans and $307,652 in owned assets. To cover these potential losses it had $35,509,926 in net worth and $1,821,534 in loans loss reserves. That gives it a Texas Ratio of 3.96%.

Net Worth
Monterey U.S. Average
14.58% 13.65%

Monterey FCU has a net worth of 14.58% versus the BestCashCow average of 13.65. 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 Monterey

Branches and Savings

What is Monterey?

A federal credit union, registered with the NCUA under certificate #97071.
Learn more about credit unions here.

Is Monterey FDIC insured?

No, Monterey credit union is not insured by the FDIC because it is not a bank. Because it is state chartered and not federally chartered, it is also not insured by the NCUA. Deposits may or may not be insured by private deposit insurance and you should check with the state chartering organization to confirm whether and to what level your deposits are required to be protected.

Who can join Monterey?

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

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

Monterey'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 Monterey?

Monterey has total capital of $35.51 million. Full information on Monterey's financial position is located above.

Who owns Monterey?

Credit Unions are owned by their members.

Where are Monterey branches located?

See branch locations nearby.

Are Monterey ATMs Open 24/7?

Do Monterey ATMs accept cash deposits?

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

Does Monterey have a mobile app?

Does Monterey have mobile deposit?

Does Monterey have quick pay?

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

Does Monterey report to credit bureaus?

Does Monterey use Chexsystems?

Does Monterey use Equifax?

What is Monterey's toll free phone number?

What is Monterey's ACH Routing Number?

What is Monterey's SWIFT code?

Where can I find Monterey's wire transfer form?

What is the Monterey address for deposits?

What Products Does Monterey Offer

Does Monterey offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Monterey offer auto and RV loans?

Compare auto loan rates here.

Does Monterey offer student loans or personal loans?

Compare personal loan rates here.

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