SAN MATEO

350 Convention Way
Redwood City, CA 94063

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 62736
Date Established 1952
Assets $1,065.97 million
Loans $830.69 million
Deposits $947.29 million
Capital $111.83 million

San Mateo is an NCUA insured institution located in Redwood City, CA. It was founded in 1952 and has approximately $1065.97 millions in assets.

Who can join?

You are eligible for membership in SMCU if you are:

A resident, employee or student in San Mateo County, the City of Palo Alto or certain areas of San Francisco

An employee of one of San Mateo's partner companies

An employee of a company that belongs to the Golden Gate Better

Business Bureau or one of the 15 Chambers of Commerce within San Mateo County that the union serves

A family member, domestic partner, or roommate of an SMCU member

Field of Membership Restrictions

Membership in San Mateo Credit Union is open to those who live, work or attend school in San Mateo County, the City of Palo Alto or select areas of San Francisco. Membership is open to employees of companies that belongs to the Golden Gate Better Business Bureau or one of the 15 Chambers of Commerce within San Mateo County.

Deposit Rates - January 23, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.40% $1 $99,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.25% $2,000 - Learn MoreShow Less
Special: 24 Mo FIRA
2.50% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.30% $2,000 - Learn MoreShow Less
6 Mo CD
0.60% $2,000 - Learn MoreShow Less
12 Mo CD
1.25% $2,000 - Learn MoreShow Less
18 Mo CD
2.00% $2,000 - Learn MoreShow Less
Special: 24 Mo CD
2.50% $1,000 - Learn MoreShow Less
24 Mo CD
3.00% $1,000 - Learn MoreShow Less
36 Mo CD
1.75% $2,000 - Learn MoreShow Less
48 Mo CD
2.00% $2,000 - Learn MoreShow Less
60 Mo CD
2.75% $2,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.10% $100 - Learn MoreShow Less

Loan Rates - January 23, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for SAN MATEO

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
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 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 SAN MATEO
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are San Mateo 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:
Seattle,Washington


San Mateo Locations

Financial Details

San Mateo Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of San Mateo. 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
San Mateo U.S. Average
1.35% 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, San Mateo had $1,461,636 in non-current loans and $114,287 in owned assets. To cover these potential losses it had $111,827,782 in net worth and $4,573,910 in loans loss reserves. That gives it a Texas Ratio of 1.35%.

Net Worth
San Mateo U.S. Average
10.49% 13.21%

San Mateo FCU has a net worth of 10.49% 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.

Customer Reviews for SAN MATEO

There are currently no comments for SAN MATEO. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →

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